Sunshine Holdings delivers robust performance in 1HFY26

Diversified Sri Lankan conglomerate Sunshine Holdings PLC continued to build on its strong start to the year, delivering an impressive performance across all sectors during the first half of FY26 (1HFY26).

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Group Chief Executive Officer Shyam Sathasivam

The group recorded a consolidated revenue of Rs.32.3 billion in 1HFY26, up 7.4 percent year-over-year (YoY), primarily driven by continued expansion in the healthcare sector, supported by strong performances in the consumer and agribusiness sectors.

The group's healthcare sector emerged as the largest contributor to Sunshine’s topline, accounting for 53.7 percent of total revenue, with consumer at 30.2 percent and agribusiness 16.1 percent of the total revenue.

Gross profit for the period in review increased by 12.9 percent YoY to Rs.10.3 billion, with the gross profit margin expanding by 153 bps to 31.9 percent. This growth was primarily driven by margin expansion in the agribusiness segment.

The group earnings before interest and taxes (EBIT) rose 18.6 percent YoY to Rs.5.5 billion, reflecting improved operating performance, particularly within the agribusiness and consumer sectors, despite a 16.7 percent contraction in the healthcare sector EBIT. The EBIT margin expanded to 17.0 percent in 1HFY26, compared to 15.4 percent in the same period last year, supported by stronger performances in the agribusiness and consumer sectors, which helped offset the contraction in healthcare.