Plantations & Agriculture · Agricultural Commodities/Milling
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 2.8B | Rs -114.3M | -0.97 |
| 2024 | Rs 2.7B | Rs 20.2M | 0.17 |
| 2023 | Rs 2.7B | Rs 75.1M | 0.64 |
| 2022 | Rs 3.4B | Rs 655.2M | 5.59 |
| 2021 | Rs 2.0B | Rs 8.7M | 0.07 |
| 2020 | Rs 2.2B | Rs -38.3M | -0.61 |
| 2019 | Rs 1.6B | Rs 61.0M | 0.58 |
Eastern Merchants PLC is a Sri Lanka-based export-oriented group engaged in the export of traditional and non-traditional commodities, commodity trading and related manufacturing and fresh produce businesses. The Group supplies natural rubber and value-added rubber products, and exports a range of fresh produce items to international markets. The Group's manufacturing operations are conducted through its subsidiary Microcells (Pvt) Ltd (MCL), which produces rubber sheeting and mat products and holds ISO quality and environmental certifications and other compliance accreditations. The fresh produce division sources directly from regional farmers and exports items such as king coconut, tapioca, pineapple, mango, passionfruit and papaya, while the trading business focuses on natural rubber and other commodities for overseas markets. Eastern Merchants operates from Sri Lanka and serves export markets including North America and Europe, with ongoing efforts to diversify into Central/South America and East Asia; sustainability, traceability and regulatory compliance (including FSC Chain of Custody and preparations for EUDR compliance) are highlighted features of its operations. The Group reports a workforce of over 200 individuals across EM and MCL.
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The Colombo Stock Exchange closed down for a second session as the ASPI fell 0.43% (103.17 pts) to 23,651.09 with turnover over Rs.3.54bn and foreign net selling of Rs.465.9mn. Top negatives included SFCL, CARG, CFIN and DOCK, while RAL and EMER were among gainers.
The Ceylon Chamber coordinated Cyclone Ditwah relief with member companies including Aitken Spence, Central Finance, Union Assurance, Union Bank, Eastern Merchants and Wealthtrust, mobilising over 190 volunteer hours and handling 40,000+ emergency assistance requests to support the DMC’s emergency operations.
Eastern Merchants PLC appointed Ruwanthi de Silva as an Executive Director. She has nearly 20 years' cross-industry HR and strategy experience and currently serves as HR & Compliance Director at Microcells Ltd., leading HR, compliance and automation initiatives.
Tea saw mixed signals: the June national sales average fell to Rs 1,153.49, while June production rose 4% YoY but first-half output was hit by extreme weather and higher fertiliser costs. Exporters gained relief as the US labour-related tariff on Sri Lankan goods was cut to 10%. Meanwhile, new EU sustainability rules are driving compliance efforts, and plantations report organised theft of high-value crops hurting competitiveness.
Auto-generated from 33 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.