Ambeon Group Posts Rs. 4.55 Bn YTD Profit, Driven by Strategic Investments 📈

• Ambeon Capital PLC reported a robust 2Q PAT of Rs. 3.82 Bn, continuing its growth trajectory. • Year-to-date (YTD) Profit After Tax (PAT) surged to Rs. 4.55 Bn, a substantial improvement compared to Rs. 123 Mn recorded in the corresponding period last year. • The group’s principal subsidiary, Ambeon Holdings PLC, recorded a 2Q PAT of Rs. 3.22 Bn, with YTD revenue reaching Rs. 8.46 Bn. • Growth was primarily driven by fair value gains from strategic investments and enhanced operational efficiencies. Sectoral Performance (YTD PAT): • Financial Services (Taprobane Capital Plus) delivered Rs. 429 Mn. • Real Estate (Colombo City Holdings) recorded Rs. 320 Mn, supported by property value optimisation. • The Technology cluster (MillenniumIT ESP) faced industry headwinds; focus remains on long-term growth strategies. Strategic Expansion: • Ambeon Capital acquired a 51% equity stake in Mylands PLC, expanding its Real Estate footprint. • The Group collectively increased its holdings in Leisure/Tourism (The Kandy Hotels Co. PLC and Ceylon Hotels Corporation PLC). • Confidence in the banking industry was underscored by increasing the collective stake in DFCC Bank PLC to 9.91% and maintaining 9.93% in Seylan Bank PLC (Financial Services).