JKH posts strong 3Q earnings

EBITDA grows by 68% to Rs. 23.76 b driven by momentum across portfolio, Declares second interim dividend of Rs. 0.10 with Rs. 1.77 b outlay

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TOP blue chip John Keells Holdings PLC (JKH) yesterday announced strong earnings for the third quarter with all businesses reporting improved profitability driven by momentum across the Group portfolio. Group revenue rose by 54% to Rs. 125.05 billion in 3Q of the financial year 2025/26.

Cumulative Group revenue for the first nine months of FY26 grew by 69% to Rs. 383.96 billion.

Group earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 68% to Rs. 23.76 billion in 3Q. Cumulative Group EBITDA for the first nine months of the financial year 2025/26 rose by 86% to Rs. 55.10 billion.

During the quarter under review, the Group recorded fair value gains on investment property amounting to Rs.2.30 billion (2024/25 3Q: Rs. 955 million), and net exchange losses of Rs. 759 million (2024/25 3Q: gain of Rs. 782 million), mainly due to the impact of the depreciation of the Rupee on the foreign currency-denominated loan at City of Dreams Sri Lanka.

Group Profit Before Tax (PBT) rose by 113% to Rs. 12.89 billion.