š John Keells Holdings Sept Quarter Net Profit Surges 213% to Rs 5.2 Bn
⢠Overall Performance: John Keells Holdings (JKH) posted a net profit of Rs 5.17 Bn for the Sept quarter (up 213% YoY from Rs 1.65 Bn), with EPS rising to Rs 0.29. Group revenue marginally contracted by 2% YoY to Rs 142.1 Bn, impacted by normalized sales at John Keells CG Auto. ⢠Key Sector Breakdown: ⢠Retail: Key top-line driver generating Rs 74.3 Bn (over 50% of turnover), supported by 13% same-store sales growth at Keells. ⢠Transportation: Revenue jumped 89.8% YoY to Rs 25.9 Bn; EBITDA surged 153.1% to Rs 4.89 Bn, driven by a 31% expansion in marine bunker volumes. ⢠Property: Revenue surged over 145% YoY to Rs 4.7 Bn, with EBITDA expanding five-fold to Rs 1.11 Bn on handovers at Cinnamon Life and TRI-ZEN. ⢠Consumer Foods: Contributed Rs 13.7 Bn in revenue on strong beverage and confectionery volumes. ⢠Financial & Sector Highlights: Profitability was aided by lower finance costs (down 17.5% to Rs 5.1 Bn), net exchange gains of Rs 361.8 Mn, and an 84.9% surge in associate results (Rs 6 Bn) driven by Nations Trust Bank and West Terminal operations. First interim dividend declared at Rs 0.10 per share.