HomeBizHighlightsJKH Posts Strong Q2, Forecasts Higher Growth in 2H

JKH Posts Strong Q2, Forecasts Higher Growth in 2H

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John Keells Holdings PLC (JKH) has posted a strong second quarter, with Group EBITDA surging 127% to Rs. 18.36 billion and cumulative first-half EBITDA rising 98% to Rs. 31.33 billion. Group Profit Before Tax climbed 243% to Rs. 7.8 billion, while Profit After Tax increased 176% to Rs. 4.2 billion. Chairperson Krishan Balendra highlighted the robust performance of new investments, including City of Dreams Sri Lanka, which neared break-even. The West Container Terminal exceeded expectations, and BYD agency JKCG recorded strong sales. JKH doubled its interim dividend to Rs. 1.77 billion, signalling confidence in sustained momentum for the year ahead.

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