News

June 08, 2020: Fitch Ratings has revised the National Long-Term Rating of Sunshine Holdings (CSE:SUN), to ‘A(lka)’ from ‘A-(lka)’ and has simultaneously affirmed its Outlook Stable. The rating revision of the diversified conglomerate, along with two other non-financial corporates, follows the recalibration of Fitch’s Sri Lankan National Rating scale to reflect changes in the relative

FY20 Highlights • Consolidated revenue of Rs.20.8 billion, a decrease of 8.0% YoY • Boosts stake in Watawala Tea Ceylon to 100% • PAT amounted to Rs. 1.8 billion, up 60.0% YoY, due to strong healthcare sector results • Healthcare revenue up 19.7% YoY to Rs. 11.2 billion • Consumer Goods revenue contracted 7.0% YoY

9MFY20 Highlights • Consolidated revenue of Rs.15.8 billion, a decrease of 4.9% YoY • PAT amounted to Rs. 1.7 billion, up 32.3% YoY, boosted by the gain on sale of tea plantations • Healthcare revenue up 20.5% YoY to Rs. 8.2 billion • Consumer Goods revenue contracted 2.9% YoY to Rs 4.2 billion • Agri

  November 14, 2019: Diversified Sri Lankan conglomerate Sunshine Holdings PLC (CSE: SUN) posted consolidated revenue of Rs. 10.5 billion, resulted in a 3.0% Year-on-Year (YoY) decrease. Consolidated revenue of the Group decreased due to the sale of a majority stake in the tea plantation business represented by Hatton Plantations PLC (HPL) during the first