📈 Aitken Spence FY26 PBT Rises 18% to Rs. 12.8 Bn

Sri Lankan conglomerate Aitken Spence PLC recorded a strong financial performance for the year ended 31 March 2026, driven by overseas operations which contributed 61% of total profits. Overall Financials • Profit Before Tax (PBT): Rs. 12.8 Bn (up 18% YoY) • Profit After Tax (PAT): Rs. 9.1 Bn (up 27% YoY) • Share of profits from equity-accounted investees: Rs. 2.3 Bn (up 46% YoY), driven by Port City BPO, plantations, and bunkering. Sector Performance • Tourism: Emerged as the primary contributor, accounting for 61% of total profits with a PBT of Rs. 7.9 Bn. Growth was driven by higher tourist arrivals, better occupancy, improved room rates, and lower interest costs. • Maritime & Freight Logistics: Achieved a PBT of Rs. 4.7 Bn. Port operations showed healthy growth despite global headwinds, while the integrated logistics segment remained stable. • Services: PBT rose sharply to Rs. 1.2 Bn, supported by strong growth in ICT/BPM (BPO services) and elevator volumes, though moderated by weaker insurance and money transfer segments. • Strategic Investments: Delivered a mixed performance. Printing, packaging, and power generation contributed positively, and the tea and plantations segment showed resilience. However, the sector was weighed down by losses in apparel & textiles manufacturing. Sustainability & ESG Highlights • Became the first diversified holdings company in Sri Lanka to have emission reduction targets validated by the Science Based Targets initiative (SBTi). • The waste-to-energy facility repurposed 180,241 MT of residual waste, avoiding 114,933 tCO₂e of emissions. • Group-level water intensity per unit of revenue improved by 7%.