C T Holdings PLC Reports Robust Q1 2026 Performance with Strong Revenue and Profit Growth

**Colombo, Sri Lanka – 13 August 2026** – C T HOLDINGS PLC (CSE: CTHL), a diversified conglomerate with significant interests across Sri Lanka’s retail, food and beverage, real estate, and entertainment sectors, today announced a strong financial performance for the first quarter ended 30th June 2026. The company’s unaudited interim financial statements, published on the Colombo Stock Exchange (CSE), reveal impressive year-on-year growth in key financial indicators, underscoring its resilience and strategic market positioning.

Significant Top-Line and Bottom-Line Expansion

The Group recorded a commendable 14.00% increase in revenue, reaching LKR 76,376 million for the three months ended 30th June 2026, compared to LKR 66,849 million in the corresponding period of the previous year. This robust top-line growth translated into a 13.00% rise in gross profit, which stood at LKR 9,504 million.

Profit before taxation witnessed a healthy 12.00% increase, climbing to LKR 4,354 million from LKR 3,872 million in Q1 2025. Following taxation, the Group’s profit for the period grew by 9.00% to LKR 3,013 million. Attributable to the owners of the parent, profit for the period surged by an even more impressive 29.00% to LKR 2,047 million. Total comprehensive income also saw a significant uplift, growing by 16.00% to LKR 2,405 million.

Earnings Per Share and Dividends Reflect Confidence

Reflecting the enhanced profitability, C T Holdings PLC reported a substantial 30.00% increase in Earnings Per Share (EPS), rising to LKR 10.17 for the quarter ended 30th June 2026, up from LKR 7.85 in the prior year. The Board of Directors also recommended a second interim dividend of LKR 10.50 per share for the financial year 2025/26, a 5% increase over the LKR 10.00 per share paid for 2024/25, signaling strong confidence in future performance and a commitment to shareholder returns.

Solid Financial Position

As of 30th June 2026, the Group maintained a strong financial position, with total assets valued at LKR 158,019 million. Total equity attributable to equity holders of the parent stood at LKR 37,339 million, contributing to a Net Asset Value per Share of LKR 185.39, a marginal increase from LKR 185.16 as at 31st March 2026.

Segmental Performance Highlights

The diversified portfolio of C T Holdings PLC continued to deliver, with the **Food and Beverage & Retail** segment demonstrating strong performance, contributing LKR 55,298 million in external revenue (up from LKR 49,202 million). The **Restaurants Manufacturing** segment also showed significant growth, with external revenue reaching LKR 17,124 million (up from LKR 14,236 million). Both segments underscored the strength of the Group’s consumer-facing businesses amidst evolving market conditions. The **Real Estate** segment recorded revenue of LKR 80 million, while the **Entertainment** segment posted LKR 123 million.

Cash Flow and Operational Efficiency

The Group’s cash flow from operating activities for the quarter was LKR 1,216 million. While lower than the previous year, the overall operational performance remains robust, with continued investments in property, plant, and equipment (LKR 2,004 million) indicating strategic expansion and modernization initiatives.

Contingent Liabilities Noted

The financial statements also disclosed contingent liabilities related to contested income tax and Value Added Tax concessions. The Group faces claims totaling LKR 1,175 million for income tax and LKR 5,251 million for VAT from the Department of Inland Revenue. However, the management, having sought professional advice, expresses confidence that these tax concessions are applicable and, as such, no liabilities will arise, thus no provision has been made in the financial statements.

C T Holdings PLC’s strong Q1 2026 results reflect effective management and strategic growth initiatives across its diverse business segments, positioning the company for continued success in the dynamic Sri Lankan economic landscape.

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