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E.B. Creasy posts robust Q1 FY26 with 146% rise in PBT

Daily FT

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August 18, 2025

DIVERSIFIED conglomerate E.B. Creasy & Co PLC has commenced FY26 with a robust performance, demonstrating significant growth across both revenue and profitability.

Consolidated revenue rose 28% year-on-year to Rs. 8.6 billion, supported by sustained momentum across the Group’s core business segments while the Profit Before Tax increased 146% to Rs. 479 million. The Profit After Tax climbed 204% to Rs. 298 million, marking a significant improvement over the same period last year. Management attributed the performance to the effective execution of operational strategies, ongoing product innovation, and disciplined financial management.

The Group’s balanced portfolio and sectoral diversity continued to drive resilience, positioning E.B Creasy & Co PLC for sustained growth in the remainder of the financial year.

The Consumer segment was the largest revenue driver, contributing 61% of Group turnover, with Healthcare and Industrial segments accounting for 16% and 22%, respectively, highlighting the Group’s diversified business model and well-balanced revenue streams.

Daily FT'den DAHA FAZLA HİKAYE

Daily FT

Govt. missing the wood for trees

CABINET Spokesman Minister Dr. Nalinda Jayatissa announced this week that the Government plans to lease 24 bungalows and official residences formerly used by Government Ministers to private investors and international organisations.

time to read

2 mins

January 08, 2026

Daily FT

Daily FT

Sri Lankan-born Ray Jayawardhana appointed Caltech's 10th President

DR. Ray Jayawardhana, an accomplished academic leader and renowned astrophysicist who currently serves as provost of Johns Hopkins University, has been named Caltech's next President, the tenth in the Institute's 105-year history.

time to read

3 mins

January 08, 2026

Daily FT

Daily FT

Jetwing Saman Villas wins "Best International Hotel for Weddings" at Travel+Leisure India's Best Awards 2025

JETWING Saman Villas, part of Jetwing Luxury Reserves, has been awarded “Best International Hotel for Weddings” at the 14th edition of Travel+Leisure India and South Asia's Best Awards, held last month in New Delhi.

time to read

1 mins

January 08, 2026

Daily FT

27TH PRESIDENTIAL EXPORT AWARDS PRESENTED TO SRI LANKAN EXPORTERS IN RECOGNITION OF THEIR EXCEPTIONAL CONTRIBUTIONS TO THE EXPORT SECTOR

The Sri Lanka Export Development Board (EDB) successfully concluded the 27th Presidential Export Awards (PEA) Ceremony on Thursday, December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of Hon.

time to read

2 mins

January 08, 2026

Daily FT

Daily FT

Message from the Chairman of the Sri Lanka Export Development Board

As we concluded 2025, it is with immense pride that we reflect on the historic achievements of Sri Lanka's export community celebrated at the 27th Presidential Export Awards Ceremony held on December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH).

time to read

1 mins

January 08, 2026

Daily FT

Daily FT

Govt. flags drop in Korean job placement

■Outlines diplomatic push for relief to over 10,000 candidates

time to read

3 mins

January 08, 2026

Daily FT

Daily FT

LB Finance recognised at ICSDB 2025 for excellence in sustainability and digital innovation

LB Finance PLC earned distinguished recognition at the 4th International Conference on Sustainable and Digital Business 2025 (ICSDB 2025), organised by the SLIIT Business School on 11 and 12 December 2025 at Waters Edge.

time to read

1 min

January 08, 2026

Daily FT

Daily FT

Stock market suffers worst humiliation in 130-year history

Trades and orders up to first 24 minutes cancelled after questionable maiden transactions of newly listed Wealth Trust Securities shares

time to read

4 mins

January 08, 2026

Daily FT

Weekly T-Bill auction averages rise for 3rd straight week; Rs. 100 b auction fully subscribed

Secondary Bond market yields drop further; market remains active

time to read

2 mins

January 08, 2026

Daily FT

Daily FT

British Sri Lankan Muslim Organisations donate £ 25,000 to rebuilding and disaster recovery efforts

BRITISH Sri Lankan Muslim organisations came together to express their solidarity and commitment to help their motherland and handed over a collective donation of £25,000 (Rs 10.5 Million) towards Sri Lankan Government’s National Rebuilding and Disaster Recovery Initiative, efforts following the severe impact of Cyclone DITWA, Flooding and Landslide.

time to read

2 mins

January 08, 2026

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