📈 JKH Reports Strong Q1 2026/27 Turnaround as EBITDA Rises 26% to Rs. 16.35 Bn

John Keells Holdings PLC reported a significant recovery for Q1 ended June 30, 2026, driven by infrastructure, real estate, and consumer segments. • Overall Financials: Group EBITDA increased by 26% YoY to Rs. 16.35 Bn. Profit attributable to equity holders turned positive to Rs. 62 Mn (vs. a loss of Rs. 804 Mn in Q1 FY26). Excluding net exchange losses, underlying profit reached Rs. 1.95 Bn. • Sector Breakdown: • Transportation: EBITDA surged 223% to Rs. 5.0 Bn, boosted by CWIT Phase 1 reaching full capacity and bunkering operations via Lanka Marine Services. • Property: EBITDA spiked 358%, driven by revenue recognition at VIMAN, TRI-ZEN, and Cinnamon Life. • Leisure: Overall sector faced Middle East travel headwinds, but City of Dreams Sri Lanka EBITDA rose 139% via higher occupancy and casino rental income. • Consumer Foods & Supermarkets: EBITDA grew 21% and 16% respectively, supported by higher footfall and volume expansion in beverages (27%) and confectionery (13%). • Financial Services: EBITDA grew 9%, aided by NTB's growth and the integration of HSBC Sri Lanka's retail banking franchise in May 2026. • Automotive: Over 2,400 vehicles delivered; margins moderated due to demand shifting to lower-priced segments. • Strategic & ESG Highlights: • Diversified into QSR segment via a franchise agreement with 'Wendy's' (first outlet opening by Dec 2026). • Carbon footprint reduced by 12.2% and water withdrawal per revenue decreased by 8.4%.