Mahaweli Reach Hotels Plc
MRH.N0000Hotels & Tourism · Hotels/Resorts/Cruise lines
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 990.5M | Rs -216.2M | -4.59 |
| 2024 | Rs 810.3M | Rs -274.7M | -5.84 |
| 2023 | Rs 503.9M | Rs -12.0M | -0.26 |
| 2022 | Rs 374.6M | Rs -176.6M | -3.75 |
| 2021 | Rs 188.0M | Rs -223.6M | -4.75 |
| 2020 | Rs 398.3M | Rs -147.3M | -3.13 |
| 2019 | Rs 598.4M | Rs -41.3M | -0.88 |
Recent dividends
No dividend records.
About Mahaweli Reach Hotels Plc
Mahaweli Reach Hotels PLC owns and operates the Mahaweli Reach Hotel in Kandy, Sri Lanka, providing full-service hospitality including guest accommodation, food and beverage, banqueting and event facilities. The property serves both domestic and international tourists and works closely with travel partners and destination management companies to source guests. The company focuses on weddings and events as a key revenue stream and has expanded its wellness offering with the launch of the Nivara Spa. It positions the hotel around experiential travel tied to Kandy’s cultural, natural and heritage attractions while maintaining service standards. Operations are influenced by Kandy’s seasonality and a competitive accommodation market; the company monitors costs and distribution channels and manages relationships with suppliers and travel intermediaries to preserve liquidity and yield.
AI analysis
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Generate an analysis →News sentiment
Describes news flow, not a forecastNo scored news in the last 30 days.
ASPI plunged 1,290.68 points (-5.4%) to 22,443.38 on Feb 3 after Middle East tensions triggered panic selling and a 30-minute circuit breaker; the S&P SL20 fell 322.32 pts (-4.9%). Turnover was Rs.9.6bn (up 62.9%); foreign investors net sold Rs.59.6m; decliners included COMB, SAMP, HNB, JKH and HAYL, while LIOC, CFLB, BOPL, MRH and MADU were among gainers.
Mahaweli Reach Hotels PLC has appointed Shamil Mendis as an Independent Non-Executive Director. Mendis is Chairman/Managing Director of Spear Global Holdings and has extensive export and trade council experience.
Hotels & Tourism sector: what is happening
Last 30 days to Aug 4, 2026Tourism 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.
The stories behind it
Auto-generated from 29 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.