- Diversified portfolio, strategic foresight, and disciplined investment approach drives continued momentum
Ambeon Capital PLC, the investment holding company of the Ambeon Group, reported a Profit After Tax (PAT) of LKR 3,820 million for the second quarter of the financial year 2025/26, reflecting a strong continuation of the positive trajectory established in Q1. The year-to-date PAT stood at LKR 4,551 million, compared to LKR 123 million recorded during the corresponding period of the previous year, marking a substantial improvement and reinforcing the Group’s resilience and growth strategy.
Ambeon Holdings PLC, the Group’s principal operating subsidiary and a leading diversified conglomerate with core operations across Information Technology, Financial Services, Real Estate, Group Treasury, and Strategic Investments, recorded a PAT of LKR 3,216 million for Q2. The year-to-date PAT rose to LKR 3,892 million, compared to LKR 296 million in the same period last year. This growth was largely driven by fair value gains from strategic investments, enhanced operational efficiencies, and a continued focus on long-term value creation.
Expressing confidence in the Group’s performance, Mr. Sujeewa Mudalige, Chairman of Ambeon Group stated that “We are delighted to report another quarter of strong results, continuing the growth momentum built during the first quarter. This performance highlights the Ambeon Group’s strategic foresight, prudent financial management, and the inherent strength of our diversified business model.”
During the quarter, Ambeon Holdings PLC reported Group revenue of LKR 4,478 million, bringing the year-to-date revenue to LKR 8,463 million, reflecting steady expansion across all key sectors.
“Our Q2 performance reaffirms the Ambeon Group’s ability to adapt and thrive in a dynamic environment,” stated Dr. Sajeeva Narangoda, Group Chief Executive Officer and Executive Director, Ambeon Capital PLC and Ambeon Holdings PLC. “By maintaining a balanced portfolio and executing our strategic priorities with agility, we continue to unlock value across our core sectors, technology, financial services, real estate, and strategic investments. Guided by strategic discipline, prudent financial management, and a performance-driven culture, we will continue to build a resilient, future-ready organisation that creates enduring value for our shareholders, partners, and communities,” Dr. Narangoda concluded.
As a standalone entity, Ambeon Holdings PLC contributed LKR 3,290 million to Group earnings for the period, reflecting robust growth in its strategic investment portfolio compared to the previous financial year.
The Financial Services cluster, operating under Taprobane Capital Plus and comprising stock broking, money broking, and fixed income trading, delivered a year-to-date PAT of LKR 429 million, supported by steady demand and effective market positioning. The Real Estate cluster, led by Colombo City Holdings PLC, recorded a year-to-date PAT of LKR 320 million, driven by ongoing property value optimization initiatives. The Technology cluster, led by MillenniumIT ESP, continued to face industry-specific headwinds during the quarter. The Group remains focused on implementing targeted strategies to strengthen this portfolio and position it for long-term growth.
During Q2, reflecting its strategic foresight and confidence, Ambeon Capital PLC acquired a 51% equity stake in Mylands PLC, further expanding its footprint in Sri Lanka’s real estate sector. The Company also acquired a 6.09% stake in The Kandy Hotels Company PLC, while the Ambeon Group collectively increased its holding in Ceylon Hotels Corporation PLC to 13.57%, reinforcing its growing presence in the leisure and tourism sector.
From a financial services perspective, the Group collectively increased its stake in DFCC Bank PLC to 9.91%, while maintaining a 9.93% holding in Seylan Bank PLC, underscoring continued confidence in the long-term potential of Sri Lanka’s banking industry.
Propelling ahead, the Ambeon Group remains firmly positioned for sustainable, long-term growth, leveraging its diversified business portfolio, prudent financial stewardship, and strategic foresight. The Group continues to focus on creating enduring value for shareholders and stakeholders alike, with a strong emphasis on innovation, agility, and operational excellence across every business cluster to enhance competitiveness and shareholder value.
Source : Ada Derana Biz
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