Hapugastenne Plantations Plc
HAPU.N0000Plantations & Agriculture · Agricultural Commodities/Milling
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 5.0B | Rs 339.5M | 7.29 |
| 2024 | Rs 4.9B | Rs 72.1M | 1.72 |
| 2023 | Rs 6.5B | Rs 668.2M | 14.46 |
| 2021 | Rs 3.7B | Rs 156.7M | 3.43 |
| 2020 | Rs 3.2B | Rs -127.9M | -2.58 |
| 2019 | Rs 3.2B | Rs -642.1M | -13.98 |
| 2018 | Rs 3.4B | Rs -348.7M | -7.72 |
Recent dividends
No dividend records.
About Hapugastenne Plantations Plc
Hapugastenne Plantations PLC is a Sri Lankan plantation company engaged in the cultivation, processing and sale of tea, rubber and sundry estate produce. The Group manages 16 estates across multiple agro-climatic regions with a total cultivation area exceeding 5,329.43 hectares and undertakes estate-level production as well as processing activities. The company’s core operations comprise tea and rubber production and related processing activities. Tea operations cover estate tea cultivation, bought leaf sourcing and made-tea processing with investments in mechanisation and quality-improvement equipment (for example, a colour sorter and field automation systems). Rubber operations cover latex and scrap rubber production and processing, including renovation of rubber factory facilities at Galbode Estate. HPL also cultivates cinnamon and other sundry estate produce across its estates, and has implemented sustainability initiatives such as rooftop solar at its factories. The company operates in Sri Lanka and is governed in line with the listing rules of the Securities and Exchange Commission and the Colombo Stock Exchange.
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Generate an analysis →News sentiment
Describes news flow, not a forecast1 article in 30 days: 0 positive, 0 negative, 1 neutral.
Browns Plantations has commissioned an expanded orthodox tea facility at Kitumbe, Kenya with 3 million kg annual capacity and aims for 25 million kg in East Africa within 18 months. The move targets higher‑value orthodox exports and expands the company's specialty tea footprint.
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.
LOLC Group posted a PAT of Rs.41 billion for FY2024/25 (up 89%) and lifted total assets to Rs.2.03 trillion. LOLC Finance PLC recorded a pre-tax profit of Rs.30.8 billion with NPLs falling to 4.97%, while the group expanded plantation holdings and boosted hospitality and manufacturing contributions.
Browns Investments PLC's subsidiary Browns Power Holdings acquired 100% of FLMC Plantations for LKR 4.8 billion on May 5, 2025, making BIL the largest tea producer in Sri Lanka with ~17.5m kg annual made tea capacity. FLMC controls ~11,500 ha across 24 estates producing ~4.3m kg made tea and ~2.3m kg rubber annually.
Browns Investments Plc (via subsidiary Browns Power Holdings) acquired FLMC Plantations (Pussellawa Plantations) for Rs 4.8 billion, adding over 11,500 hectares and raising the group's annual made tea capacity to about 17.5 million kg.
Plantations & Agriculture sector: what is happening
Last 30 days to Aug 4, 2026Tea 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.
The stories behind it
Auto-generated from 33 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.