Property & Construction · Real Estate Development
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 815.9M | Rs 421.5M | 35.13 |
| 2024 | Rs 708.3M | Rs 582.6M | 48.55 |
| 2023 | Rs 687.5M | Rs 294.1M | 24.51 |
| 2022 | Rs 631.1M | Rs 224.4M | 18.70 |
| 2021 | Rs 632.3M | Rs 401.5M | 33.46 |
| 2020 | Rs 454.9M | Rs 122.6M | 10.22 |
| 2019 | Rs 453.8M | Rs 363.2M | 30.27 |
Commercial Development Company PLC (CDC) is a service-oriented company that provides property-related and support services primarily to its sole client, Commercial Bank of Ceylon PLC. Within its approved mandate, CDC manages and rents premises, oversees investment properties and related infrastructure maintenance, and delivers facility management services that support the Bank’s branch and administrative network. The Company also supplies outsourced staff and fleet hiring services, and provides technical and utility support such as air-conditioning servicing and a recently introduced CCTV installation, testing, commissioning and maintenance service across the Bank’s branch network. CDC operates under structured governance, risk and compliance frameworks and focuses on delivering dependable operational support to its principal shareholder and other intra-group clients from its Head Office at Front Street, Colombo 11.
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Commercial Bank of Ceylon MD/CEO Sanath Manatunge has been appointed Chairman of the Employers' Federation of Ceylon at the organisation's 97th AGM. He succeeds Dinesh Weerakkody, will serve alongside Vice Chairman Dinal Peiris (Lanka Aluminium) and holds other sector leadership roles.
Sanath Manatunge, MD/CEO of Commercial Bank, was appointed Chairman of the Employers' Federation of Ceylon at its 97th AGM, with Dinal Peiris of Lanka Aluminium Industries named Vice Chairman. The EFC said it will continue to support labour law reforms and responsible business initiatives.
The Ceylon Chamber of Commerce will host the Sri Lanka Climate Summit 2026 on 9 June 2026 at Taj Samudra, shifting focus to implementation, technical readiness and climate-linked finance. Platinum sponsors include Commercial Bank and Dilmah Tea; strategic sponsors include Nestlé Lanka, Cargills and Colombo Stock Exchange.
Dividend · Rs 4.00 · XD Mar 31, 2026
Final dividend of LKR 4/share; XD 2026-03-31; record 2026-04-01; payable 2026-04-23; FY ended 31st December 2025
Dividend · Rs 3.00 · XD Nov 24, 2025
Dividend of LKR 3/share; XD 2025-11-24; record 2025-11-24; payable 2025-12-12; FY For the year ending December 31, 2025
The SEC, with ADB technical support, released a regulatory framework enabling issuance and trading of Green, Blue, Social and Sustainability‑Linked (GSS+) bonds on the Colombo Stock Exchange, allowing sovereigns and corporates to raise capital for environmental and social projects.
Dividend · Rs 4.00 · XD Mar 28, 2025
Final dividend of LKR 4/share; XD 2025-03-28; record 2025-03-31; payable 2025-04-22; FY Year ended December 31, 2024
Dividend · Rs 3.00 · XD Nov 19, 2024
First Interim dividend of LKR 3/share; XD 2024-11-19; record 2024-11-19; payable 2024-12-06; FY 2024
Sri Lanka's construction PMI rose in June, signaling expansion, though firms cited skilled labor and bitumen shortages. Cabinet cleared procurement for Phase 1 of the Ruwanpura Expressway and approved 23 regional industrial projects. Treasury allowed repricing of state contracts to reflect higher costs. In property, high-end condos led Q1 sales while volumes fell.
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