📈 SLT Group PAT Soars 54.4% to Rs. 6.6 Bn in 1H 2026 Driven by Broadband Surge

• Overall Financials: Consolidated Profit After Tax (PAT) accelerated 54.4% YoY to Rs. 6.6 Bn in 1H 2026, supported by an 11.1% YoY revenue growth to Rs. 61.3 Bn. Group EBITDA rose 13.7% to Rs. 24.1 Bn, while PBT climbed 51.4% to Rs. 8.6 Bn. State contribution reached Rs. 18.6 Bn. Operating expenses expanded 9.6% to Rs. 37.2 Bn due to a ~10% rupee depreciation, 6%+ inflation, and elevated energy tariffs. • Sector & Unit Breakdown: • SLT PLC: Revenue reached Rs. 39.3 Bn (+10.7% YoY). PAT surged 74.9% YoY to Rs. 4.6 Bn, outstripping a 10.3% rise in operating expenses. • Mobitel: Revenue grew 12.9% YoY to Rs. 26.3 Bn, driven by strong broadband adoption. Operating profit rose 30.3% to Rs. 2.6 Bn and PAT accelerated 62.0% YoY to Rs. 1.7 Bn. • Strategic Focus & National Impact: Growth was anchored in the telecommunications & digital infrastructure segment via fixed-line fibre (FTTH) and mobile data. The Group is building dollar reserves to hedge foreign currency risks, self-financing network upgrades, and expanding 5G, cloud, and AI capabilities to support Sri Lanka's digital economy. Operations for a 5th submarine cable are planned for early 2027 to boost global connectivity. • 2Q 2026 Performance: Group revenue grew 11.7% YoY to Rs. 30.5 Bn, boosting 2Q PAT by 55.3% to Rs. 3.5 Bn. SLT PLC 2Q PAT jumped 97.2%, while Mobitel PAT grew 60.6% YoY.