Dividend · Rs 9.00 · XD Apr 10, 2026
First Interim dividend of LKR 9/share; XD 2026-04-10; record 2026-04-14; payable 2026-04-30; FY ended 31st March 2026
Manufacturing · Miscellaneous Manufacturing
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 7.3B | Rs -210.6M | 3.19 |
| 2024 | Rs 7.1B | Rs 34.1M | 5.74 |
| 2023 | Rs 9.0B | Rs 1.0B | 87.68 |
| 2022 | Rs 6.5B | Rs 1.7B | 116.35 |
| 2021 | Rs 5.4B | Rs 1.0B | 57.07 |
| 2020 | Rs 5.2B | Rs 1.0B | 57.67 |
| 2019 | Rs 5.2B | Rs 980.3M | 53.12 |
Richard Pieris Exports PLC is an export-oriented manufacturer of rubber-based products and a producer of fillers for the rubber industry. The Group operates as a holding company with two subsidiaries and one associate and supplies industrial and consumer markets across international regions. Its core operations comprise a hard rubber business that manufactures and exports items such as entrance and workstation mats, large ring mats, food jar sealing rings, crutch-tips and specialised mats (including fire retardant and electrically resistive mats), and a natural foam business that produces latex foam and natural latex continuous sheeting for international customers. The Group also includes Richard Pieris Natural Foams Limited and Micro Minerals (Pvt) Ltd among its subsidiaries and has an associate, Arpitalian Compact Soles (Pvt) Ltd. The Company’s manufacturing footprint is in Sri Lanka, including operations referenced at locations such as Ratmalana and the Biyagama Free Trade Zone, and it exports to markets including Europe, the United States and Asia. Sustainability, waste recycling and compliance with emerging international regulations are noted priorities in its operations and product development.
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Dividend · Rs 9.00 · XD Apr 10, 2026
First Interim dividend of LKR 9/share; XD 2026-04-10; record 2026-04-14; payable 2026-04-30; FY ended 31st March 2026
Sri Lanka plans to seek talks with the US to reduce a 44% tariff that would hit apparel exporters and could risk losing US orders; industry groups warn the levy could be devastating for price-competitive apparel firms and cost thousands of jobs.
Dividend · Rs 12.00 · XD Mar 6, 2025
First Interim dividend of LKR 12/share; XD 2025-03-06; record 2025-03-06; payable 2025-03-26; FY 2024/2025
Wasantha Abeysirigunawardena has been appointed Managing Director (Executive Non-Independent Director) of Richard Pieris Exports PLC. He was previously the company's CEO and has over 44 years' experience in rubber products manufacturing with a Master's in Polymer Science and Technology.
US confirmation of a 10% Section 301 tariff preserved competitiveness for Sri Lankan manufacturers, especially apparel and rubber. Exporters sought clear, risk-based guidelines for the new forced labour import ban to avoid shipment delays. June PMI showed manufacturing expanding but slower at 53.0, led by food and beverages. FTZ manufacturers pressed for power wheeling and lower energy costs. Cabinet moved to license scrap metal exports and tighten import prepayments.
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