Sunshine Holdings Records LKR 48.9 Bn Revenue in 9MFY26 📈
Diversified conglomerate Sunshine Holdings PLC reported a resilient performance for the nine months ended 31 December 2025, maintaining growth despite sector-specific pressures and margin contraction in healthcare. • Group Financial Highlights (YoY) • Consolidated Revenue: LKR 48.9 Bn (up 8.1%) • Group EBIT: LKR 7.5 Bn (up 1.2%) • Profit After Tax (PAT): LKR 4.3 Bn (down 8.8%) • EBIT Margin: 15.3% • Sector Performance Breakdown • Healthcare: Remained the largest contributor (55.4% of revenue). Revenue rose 9.3% to LKR 27.1 Bn, driven by pharmaceutical distribution and retail. However, profitability was pressured by a new pricing mechanism and lower government orders in manufacturing. • Consumer Brands: Revenue reached LKR 14.5 Bn (up 0.9%). Growth in branded tea and confectionery (up 7.4%) offset a 4.7% decline in exports. The group recently announced a stake in Joint Agri Products Ceylon to boost value-added exports. • Agribusiness: The standout performer via Watawala Plantations. Revenue surged 20.6% to LKR 7.3 Bn, fueled by a 25.8% jump in palm oil revenue. EBIT margins in this sector expanded significantly to 45.6%. • Strategic Outlook The Group continues to focus on export-oriented growth and value-added products (spices and coconut-based) to diversify revenue streams and mitigate domestic margin pressures.