HomeBizHighlightsJKH Posts Strong Q2, Forecasts Higher Growth in 2H

JKH Posts Strong Q2, Forecasts Higher Growth in 2H

Published on

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.

LATEST NEWS

Sri Lanka Appoints Chaminda Pathiraja as Controller General of Immigration and Emigration

The Cabinet of Ministers has approved the permanent appointment of Iraj Chaminda Pathiraja as...

Sri Lanka’s Exports Demonstrate Resilience with Steady Q1 2026 Growth

Sri Lanka’s export sector recorded a steady performance in the first quarter of 2026,...

GRI Strengthens Board While Sri Lankan Essential Oils Gain Global Spotlight

Global Rubber Industries (GRI) has reinforced its leadership structure with the appointment of Chief...

Colombo Land Appoints Dayani Kiriwattuduwa to Board as Non-Executive Director

Colombo Land and Development Company PLC has announced the appointment of Dayani Kiriwattuduwa as...

MORE LIKE THIS

Sri Lanka Appoints Chaminda Pathiraja as Controller General of Immigration and Emigration

The Cabinet of Ministers has approved the permanent appointment of Iraj Chaminda Pathiraja as...

Sri Lanka’s Exports Demonstrate Resilience with Steady Q1 2026 Growth

Sri Lanka’s export sector recorded a steady performance in the first quarter of 2026,...

GRI Strengthens Board While Sri Lankan Essential Oils Gain Global Spotlight

Global Rubber Industries (GRI) has reinforced its leadership structure with the appointment of Chief...