Colombo Dockyard returned to quarterly profitability for the three months to 30 June 2026, posting PAT of Rs. 80.2m and profit attributable of Rs. 86.3m (EPS 22¢) versus a Rs. 813.4m loss a year earlier. The turnaround was driven by stronger ship repair revenue, improved cost efficiencies and a 63.8% decline in net finance expenses.
Colombo Dockyard Plc
DOCK.N0000Services & Logistics · Marine Shipping
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2026 | Rs 36.2B | Rs -2.9B | -11.34 |
| 2024 | Rs 25.4B | Rs -2.7B | -38.15 |
| 2023 | Rs 36.2B | Rs -11.0B | -153.41 |
| 2022 | Rs 27.3B | Rs 687.9M | 9.38 |
| 2021 | Rs 17.2B | Rs 262.1M | 3.47 |
| 2020 | Rs 9.7B | Rs -1.2B | -16.17 |
| 2019 | Rs 11.6B | Rs -1.7B | -23.39 |
Recent dividends
- 2021 · first and finalRs 1.00
- -Rs 1.50
- 2015Rs 3.00
- -Rs 4.00
- 2013Rs 8.00
- 2012Rs 6.00
About Colombo Dockyard Plc
Colombo Dockyard PLC provides shipbuilding, ship repair, heavy engineering and offshore engineering services from facilities located within the Port of Colombo, serving both international and domestic markets. The company operates world-class infrastructure including four graving dry docks with capacities of up to 125,000 DWT and extensive repair berth facilities. The Group delivers integrated maritime and engineering solutions across newbuild programmes, complex repair and retrofit projects, and specialised marine structures, and has capabilities to execute technically demanding assignments such as cable-laying vessels and high-specification marine installations. Colombo Dockyard’s operations are supported by subsidiaries Dockyard General Engineering Services (Pvt) Ltd, Dockyard Total Solutions (Pvt) Ltd and Ceylon Shipping Agency (Pte) Ltd, and by a strategic collaboration with Mazagon Dock Shipbuilders Limited (MDL). The company is publicly listed on the Colombo Stock Exchange and is a licensed enterprise of the Board of Investment of Sri Lanka.
AI analysis
neutralColombo Dockyard is recapitalised and winning orders, but remains loss-making with a full-looking P/B and volatile price action, making execution and margin repair the key swing factors.
Read the full report (Jul 29, 2026) →News sentiment
Describes news flow, not a forecastHigher than 100% of its last 15 months
4 articles in 30 days: 4 positive, 0 negative, 0 neutral.
Colombo Dockyard (DOCK) returned to quarterly profitability for the three months ended 30 June 2026, reporting profit after tax of Rs. 80.2 million and profit attributable to owners of Rs. 86.3 million (EPS Rs. 0.22) versus a Rs. 813.4 million loss a year earlier. The turnaround was driven by stronger ship repair revenue, improved cost efficiencies and a 63.8% decline in net finance expenses.
Colombo Dockyard (DOCK.N0000) signed a contract with Global Marine Systems (UK) to build a 100m cable laying and repair vessel, due for delivery in September 2029. The ultra-modern diesel-electric vessel (14.5 kn) accommodates 76, has three cable tanks and meets Bureau Veritas CLEANSHIP standards.
Colombo Dockyard (DOCK) posted a profit of Rs86.28mn for the quarter ended 30 June 2026, reversing a Rs808.36mn loss a year earlier (EPS Rs0.22 vs loss of Rs3.51). Group revenue fell 6.8% to Rs5.84bn, with ship repairing at Rs3.95bn, gross profit up 250.7% and finance costs down 63.8%.
Colombo Dockyard PLC (DOCK.N0000) held its 43rd AGM on 25 June 2026 — the first after Mazagon Dock Shipbuilders (India) acquired a majority stake; shareholders approved all resolutions as the company outlines growth plans focused on Indian market expansion and technical collaboration.
Colombo Dockyard PLC appointed Dilrukshi Kurukulasuriya, Executive Director and Chief Human Resources Officer of DIMO PLC, to its Board as a Non-Executive Independent Director. She has over 25 years' experience in human capital and has led DIMO's HR initiatives since 2008.
Colombo Dockyard reported a loss of LKR 428.1 million for the quarter ended Mar 31, 2026 and completed transfer of control to India’s Mazagon Dock (51% stake). The company raised LKR 12.93 billion in a rights issue, increasing stated capital to LKR 13.65 billion and total equity to LKR 15.50 billion.
Services & Logistics sector: what is happening
Last 30 days to Aug 4, 2026Port logistics dominated the month: MSC entered talks to buy into Hambantota as transshipment calls shift there, while Colombo terminals added capacity and productivity through new electric cranes and $40m in IFC/HSBC financing. Customs moved toward a paperless declaration system and beat its July revenue target. Aviation recorded 4.75m passenger movements at BIA in 1H.
The stories behind it
- MSC in talks to buy into Sri Lanka's Hambantota amid port deal spree: sourcesJul 10, 2026
- IFC and HSBC Back Sustainable, More Competitive Port Infrastructure in Sri LankaJul 20, 2026
- CWIT Strengthens Colombo's Global Maritime Leadership; with the arrival of the Region's Tallest Electric CranesJul 10, 2026
Auto-generated from 37 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.