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Prime Lands Residencies reports 24% revenue growth, earnings jump 72%
Daily Mirror - Sri Lanka
|November 12, 2025
Prime Lands Residencies PLC, Sri Lanka's only listed and fully locally owned real estate company, reported a sharp rise in revenue and earnings for the quarter ended September 30,2025.
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Revenue for the quarter climbed 24 percent year-on-year to Rs.2.84 billion, while gross profit rose 52 percent to Rs.922.7 million. Operating profit increased 63 percent to Rs.657.7 million and profit before tax jumped 74 percent to Rs.744.4 million. Earnings per share advanced 72 percent to Rs.0.58, from Rs.0.34 in the same period last year.
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