Hotels & Tourism · Hotels/Resorts/Cruise lines
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 9.0B | Rs -2.7B | -0.89 |
| 2024 | Rs 7.0B | Rs -5.5B | -4.13 |
| 2023 | Rs 2.3B | Rs -5.3B | -7.96 |
| 2022 | Rs 1.1B | Rs -3.0B | -4.47 |
| 2021 | Rs 751.3M | Rs -1.6B | -5.88 |
| 2020 | Rs 1.1B | Rs -1.6B | -13.84 |
| 2019 | Rs 1.4B | Rs -1.2B | -10.94 |
Eden Hotel Lanka PLC is a hospitality company carrying on the business of a hotelier, offering hotel accommodation and related hospitality services. The company is part of the Eden Group and its activities include ownership and operation of hospitality properties. The Group includes Browns Ari Resort (Pvt) Limited, a 100-room, five-star resort in the South Ari Atoll of the Maldives that began commercial operations in August 2023, which contributes to the Group’s consolidated performance. Eden Hotel Lanka PLC is a member of the Eden Group and its ultimate parent is LOLC Holdings PLC, with operations focussed on hotel and resort hospitality in Sri Lanka and the Maldives.
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Serendib Hotels PLC appointed banking veteran Janakan Selvaratnam as an Independent Director. He has 25 years at Citibank Sri Lanka, consults to Sampath Bank's Board Credit Committee, and serves on the boards of Eden Hotel Lanka and Palm Garden Hotels.
All companies on the Colombo Stock Exchange Main Board must adopt sustainability reporting under SLFRS S1 and S2 effective 1 January 2026. A seminar on ‘Sustainability Reporting for Corporates’ will be held 26 March 2026 at The Kingsbury to brief directors and senior executives.
Asoka Hettigoda was elected President of The Hotels Association of Sri Lanka and proposed raising the national tourism earnings target to USD 10 billion by 2030. He outlined plans to reach 6 million visitors, boost per-night spending by 30%, invest USD 50m/yr in marketing, and prioritize sustainability and industry unity.
Brown & Company PLC reported FY25 consolidated revenue of Rs. 107.82 billion and PBT of Rs. 25.88 billion, with total assets of Rs. 752.69 billion. The Group completed major East Africa Lipton plantation acquisitions, took controlling stakes in Sierra Cables and Tea Smallholder Factories, and saw strong results across its plantations and hospitality units.
Janakan Selvaratnam has been appointed as a Non-Executive Independent Director of Eden Hotel Lanka PLC and Palm Garden Hotels PLC, effective 1 January 2025. He previously served on the board of Siyapatha Finance PLC and spent 25 years at Citibank N.A., Sri Lanka, with experience in corporate banking, governance and risk.
Tourism showed a July rebound led by India: arrivals surpassed 1.3 million by late month, though year-to-date remains about 2% below last year. Sector receipts fell 12% in 1H. Authorities cut 2026 targets due to Middle East-linked air corridor disruptions. BIA handled 4.75 million passenger movements in 1H with 1.14 million tourist arrivals. The Cabinet approved leasing five underutilised Presidential Residences to private investors for tourism development.
Auto-generated from 29 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.