📈 CIC Holdings Delivers 24.5% Net Profit Growth in FY26 Amid Sectoral Resilience

Diversified conglomerate CIC Holdings PLC (CSE: CIC) recorded strong financial growth for the financial year ended 31 March 2026 (FY26), despite navigating weather disruptions and cost pressures. Overall Financial Highlights • Revenue: Rs. 91.75 Bn (+10.16% YoY from Rs. 83.25 Bn) • Gross Profit: Rs. 24.09 Bn (+8.39% YoY) with a 26.25% margin • Operating Profit: Rs. 11.90 Bn (+10.39% YoY) • Profit After Tax (PAT): Rs. 8.25 Bn (+24.50% YoY from Rs. 6.63 Bn in FY25) • Earnings Per Share (EPS): Rs. 3.64 (+26.77% YoY) • Total Assets: Reached Rs. 99.75 Bn, nearing the Rs. 100 Bn milestone Sectoral Breakdown & Key Performance • Crop Solutions: Largest revenue (40.8%) and profit contributor at Rs. 4.41 Bn, with revenue rising to Rs. 38.64 Bn, securing leadership in Sri Lanka’s agriculture supply chain. • Health & Personal Care: Contributed 21% of revenue (Rs. 19.85 Bn) and posted the strongest profit growth of 33.65% to Rs. 2.74 Bn, driven by pharmaceuticals, medical devices, and Link Naturals’ export business. • Livestock Solutions: Contributed 21% of revenue (Rs. 19.86 Bn) with profits increasing 19.09% to Rs. 2.21 Bn, driven by higher feed volumes and poultry demand. • Industrial Solutions: Revenue rose to Rs. 9.16 Bn, with segmental profit up 20.74% to Rs. 1.70 Bn. • Agri Produce: Contributed 7% of revenue (Rs. 6.35 Bn); profitability was impacted to Rs. 286 Mn due to Cyclone Ditwah disruptions and the liberalization of rice imports.