Aitken Spence continues strong performance; PBT up 42% in 1H

AITKEN Spence PLC has recorded a revenue of Rs. 40.7 billion for the six months ending 30 September 2025, reflecting operational resilience across its diversified businesses.

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The Tourism sector accounted for 64.3% of Group revenue, while the Maritime and Freight Logistics sector and Strategic Investments sector contributed 19.4% and 13.9%, respectively. The Group's Maritime and Freight Logistics sector reported profit from operations (including the share of profits from equity-accounted investees) of Rs. 2.2 billion, making it the largest contributor towards Group profits in the first half of 2025/26. However, the sector recorded a marginal dip in its operational profits, mainly due to lower contributions from its equity-accounted investees in the South Asian region.

The profit from operations recorded by the Group's Tourism sector for 1H 2025/2026 was Rs. 686.1 million, an 86.5% growth over that of the previous year. Strong occupancy recorded throughout the resorts in Sri Lanka, coupled with increases in rates, was the main driving force towards this growth in performance. Hotels in international markets, including the Maldives, also delivered a steady performance, although pressure from intensifying competition has somewhat affected the growth in occupancy.