Tokyo Cement Q2 Results: Construction Rebounds, Revenue Up 18% 📈

Tokyo Cement Group reports sustained volume growth driven by a rebound in the construction and real estate sectors for Q2 (ending Sep 30, 2025). • Financials: Turnover rose to Rs. 16,322 Mn from Rs. 13,833 Mn YoY, marking an 18.0% increase. • Profit After Tax (PAT): Contracted by 7.3% to Rs. 1,003 Mn (down from Rs. 1,082 Mn YoY) due to contracted margins following the capitalisation of Trincomalee expansion projects. • Sector Highlights: September 2025 recorded the highest cement sales volumes since the 2022 economic crisis. This recovery is supported by lower interest rates, improved private sector credit, and fewer weather disruptions. • Macro-Outlook: Sri Lanka's economy grew an estimated 4.8% in H1 2025. The sovereign rating was upgraded by all three major agencies. Future growth is anticipated from government infrastructure (e.g., Central Expressway) and new multilateral lending agreements (WB/ADB) channeling investment into national construction activities.