Upcoming Dividend • Jun 24
Upcoming dividend of LK₨3.00 per share Eligible shareholders must have bought the stock before 01 July 2026. Payment date: 20 July 2026. Payout ratio is a comfortable 67% and the cash payout ratio is 83%. Trailing yield: 3.9%. Lower than top quartile of Sri Lankan dividend payers (4.3%). Higher than average of industry peers (1.4%). Board Change • Jun 17
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Nihal Wadugodapitiya was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jun 05
The Lighthouse Hotel PLC, Annual General Meeting, Jun 30, 2026 The Lighthouse Hotel PLC, Annual General Meeting, Jun 30, 2026, at 10:00 Sri Lanka Standard Time. Location: at jetwing house ii 7th floor, 46/26, navam mawatha, colombo 02 Sri Lanka New Risk • Jun 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (LK₨1.6b revenue, or US$4.8m). Market cap is less than US$100m (LK₨3.54b market cap, or US$10.5m). Declared Dividend • May 29
Dividend of LK₨3.00 announced Dividend of LK₨3.00 is the same as last year. Ex-date: 1st July 2026 Payment date: 20th July 2026 Dividend yield will be 3.9%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (83% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 65% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • May 28
The Lighthouse Hotel PLC announces Annual dividend, payable on July 20, 2026 The Lighthouse Hotel PLC announced Annual dividend of LKR 3.0000 per share payable on July 20, 2026, ex-date on July 01, 2026 and record date on July 02, 2026. Reported Earnings • May 27
Full year 2026 earnings released: EPS: LK₨4.52 (vs LK₨5.07 in FY 2025) Full year 2026 results: EPS: LK₨4.52 (down from LK₨5.07 in FY 2025). Revenue: LK₨1.61b (up 11% from FY 2025). Net income: LK₨208.0m (down 11% from FY 2025). Profit margin: 13% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 42% per year, which means it is significantly lagging earnings growth. New Risk • May 14
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: LK₨3.25b (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨3.25b market cap, or US$9.99m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (LK₨1.5b revenue, or US$4.7m). Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to LK₨76.90, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 16x in the Hospitality industry in Sri Lanka. Total returns to shareholders of 212% over the past three years. New Risk • Mar 17
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: LK₨3.06b (US$9.83m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨3.06b market cap, or US$9.83m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (LK₨1.5b revenue, or US$4.7m). Reported Earnings • Aug 14
First quarter 2026 earnings released: EPS: LK₨0.16 (vs LK₨0.39 in 1Q 2025) First quarter 2026 results: EPS: LK₨0.16 (down from LK₨0.39 in 1Q 2025). Revenue: LK₨257.3m (flat on 1Q 2025). Net income: LK₨7.28m (down 59% from 1Q 2025). Profit margin: 2.8% (down from 6.9% in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to LK₨76.80, the stock trades at a trailing P/E ratio of 15.1x. Average trailing P/E is 28x in the Hospitality industry in Sri Lanka. Total returns to shareholders of 247% over the past three years. Upcoming Dividend • Jun 24
Upcoming dividend of LK₨3.00 per share Eligible shareholders must have bought the stock before 01 July 2025. Payment date: 21 July 2025. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Sri Lankan dividend payers (5.4%). Higher than average of industry peers (1.2%). Annuncio • Jun 06
The Lighthouse Hotel PLC, Annual General Meeting, Jun 30, 2025 The Lighthouse Hotel PLC, Annual General Meeting, Jun 30, 2025, at 10:00 Sri Lanka Standard Time. Location: jetwing house ii, 7th floor, 46/26, navam mawatha, Sri Lanka Declared Dividend • May 25
Dividend of LK₨3.00 announced Dividend of LK₨3.00 is the same as last year. Ex-date: 1st July 2025 Payment date: 21st July 2025 Dividend yield will be 4.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by both earnings (60% earnings payout ratio) and cash flows (50% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 59% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • May 24
Full year 2025 earnings released: EPS: LK₨5.07 (vs LK₨3.82 in FY 2024) Full year 2025 results: EPS: LK₨5.07 (up from LK₨3.82 in FY 2024). Revenue: LK₨1.46b (up 7.2% from FY 2024). Net income: LK₨233.2m (up 33% from FY 2024). Profit margin: 16% (up from 13% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Annuncio • May 24
The Lighthouse Hotel PLC announces Annual dividend, payable on July 21, 2025 The Lighthouse Hotel PLC announced Annual dividend of LKR 3.0000 per share payable on July 21, 2025, ex-date on July 01, 2025 and record date on July 02, 2025. New Risk • May 06
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Sri Lankan stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (LK₨2.90b market cap, or US$9.68m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.1% average weekly change). Revenue is less than US$5m (LK₨1.4b revenue, or US$4.8m). Annuncio • Apr 10
The Lighthouse Hotel PLC (COSE:LHL.N0000) acquired Dream Beach Resort (Private) Limited for approximately LKR 360 million. The Lighthouse Hotel PLC (COSE:LHL.N0000) signed a letter of intent to acquire Dream Beach Resort (Private) Limited on February 27, 2025. The Lighthouse Hotel PLC (COSE:LHL.N0000) agreed to acquire Dream Beach Resort (Private) Limited for approximately LKR 360 million on April 8, 2025. A cash consideration of LKR 356.1 million will be paid by The Lighthouse Hotel PLC. As part of consideration, LKR 356.1 million is paid towards common equity of Dream Beach Resort (Private) Limited.
The transaction is subject to approval of offer by acquirer board. The deal has been approved by the board.
The Lighthouse Hotel PLC (COSE:LHL.N0000) completed the acquisition of Dream Beach Resort (Private) Limited April 8, 2025. Recent Insider Transactions • Apr 07
Non-Executive Independent Director recently bought LK₨3.0m worth of stock On the 2nd of April, Mututantrige Parakrama Cooray bought around 50k shares on-market at roughly LK₨60.00 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought LK₨8.2m more in shares than they have sold in the last 12 months. Reported Earnings • Feb 08
Third quarter 2025 earnings released: EPS: LK₨1.27 (vs LK₨1.16 in 3Q 2024) Third quarter 2025 results: EPS: LK₨1.27 (up from LK₨1.16 in 3Q 2024). Revenue: LK₨361.6m (up 1.1% from 3Q 2024). Net income: LK₨58.4m (up 9.6% from 3Q 2024). Profit margin: 16% (up from 15% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Jan 22
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 43% to LK₨69.80. The fair value is estimated to be LK₨57.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to LK₨54.80, the stock trades at a trailing P/E ratio of 11.3x. Average forward P/E is 19x in the Hospitality industry in Sri Lanka. Total returns to shareholders of 63% over the past three years. Reported Earnings • Nov 05
Second quarter 2025 earnings released: EPS: LK₨0.81 (vs LK₨0.69 in 2Q 2024) Second quarter 2025 results: EPS: LK₨0.81 (up from LK₨0.69 in 2Q 2024). Revenue: LK₨306.6m (up 11% from 2Q 2024). Net income: LK₨37.1m (up 18% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 31% growth forecast for the Hospitality industry in Sri Lanka. Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 09
First quarter 2025 earnings released: EPS: LK₨0.39 (vs LK₨0.54 loss in 1Q 2024) First quarter 2025 results: EPS: LK₨0.39 (up from LK₨0.54 loss in 1Q 2024). Revenue: LK₨257.8m (up 21% from 1Q 2024). Net income: LK₨17.7m (up LK₨42.4m from 1Q 2024). Profit margin: 6.9% (up from net loss in 1Q 2024). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 2 years, compared to a 30% growth forecast for the Hospitality industry in Sri Lanka. Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jun 24
Upcoming dividend of LK₨3.00 per share Eligible shareholders must have bought the stock before 01 July 2024. Payment date: 18 July 2024. Trailing yield: 6.5%. Lower than top quartile of Sri Lankan dividend payers (7.8%). Higher than average of industry peers (1.9%). Annuncio • Jun 06
The Lighthouse Hotel PLC Recommends Final Dividend for the Financial Year Ended March 31, 2024 The Lighthouse Hotel PLC at its AGM to be held on June 28, 2024, to declare a final dividend of LKR 3 per share for the financial year ended March 31, 2024 as recommended by the Board. New Risk • Jun 04
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 6.7% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (8.0% average weekly change). Earnings have declined by 1.0% per year over the past 5 years. Market cap is less than US$10m (LK₨2.06b market cap, or US$6.83m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (LK₨1.4b revenue, or US$4.5m). Annuncio • May 23
The Lighthouse Hotel PLC, Annual General Meeting, Jun 28, 2024 The Lighthouse Hotel PLC, Annual General Meeting, Jun 28, 2024, at 10:00 Sri Lanka Standard Time. Location: jetwing house ii 7th floor, 46/26, navam mawatha, colombo 02, hybrid meeting, Sri Lanka Reported Earnings • May 21
Full year 2024 earnings released: EPS: LK₨3.82 (vs LK₨2.60 loss in FY 2023) Full year 2024 results: EPS: LK₨3.82 (up from LK₨2.60 loss in FY 2023). Revenue: LK₨1.36b (up 86% from FY 2023). Net income: LK₨175.9m (up LK₨295.4m from FY 2023). Profit margin: 13% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 25% growth forecast for the Hospitality industry in Sri Lanka. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: LK₨1.16 (vs LK₨0.60 loss in 3Q 2023) Third quarter 2024 results: EPS: LK₨1.16 (up from LK₨0.60 loss in 3Q 2023). Revenue: LK₨357.7m (up 83% from 3Q 2023). Net income: LK₨53.3m (up LK₨80.9m from 3Q 2023). Profit margin: 15% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Hospitality industry in Sri Lanka. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 18
Second quarter 2024 earnings released: EPS: LK₨0.69 (vs LK₨0.94 loss in 2Q 2023) Second quarter 2024 results: EPS: LK₨0.69 (up from LK₨0.94 loss in 2Q 2023). Revenue: LK₨277.3m (up 83% from 2Q 2023). Net income: LK₨31.6m (up LK₨74.9m from 2Q 2023). Profit margin: 11% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 26% growth forecast for the Hospitality industry in Sri Lanka. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. New Risk • Nov 12
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Sri Lankan stocks, typically moving 7.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (7.2% average weekly change). Earnings have declined by 46% per year over the past 5 years. Market cap is less than US$10m (LK₨1.67b market cap, or US$5.12m). Minor Risk Revenue is less than US$5m (LK₨808m revenue, or US$2.5m). Reported Earnings • Aug 10
First quarter 2024 earnings released: LK₨0.54 loss per share (vs LK₨0.97 loss in 1Q 2023) First quarter 2024 results: LK₨0.54 loss per share (improved from LK₨0.97 loss in 1Q 2023). Revenue: LK₨212.6m (up 56% from 1Q 2023). Net loss: LK₨24.7m (loss narrowed 45% from 1Q 2023). Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 36% growth forecast for the Hospitality industry in Sri Lanka. Over the last 3 years on average, earnings per share has increased by 11% per year whereas the company’s share price has increased by 7% per year. Reported Earnings • May 19
Full year 2023 earnings released: LK₨2.60 loss per share (vs LK₨1.70 loss in FY 2022) Full year 2023 results: LK₨2.60 loss per share (further deteriorated from LK₨1.70 loss in FY 2022). Revenue: LK₨731.2m (up 71% from FY 2022). Net loss: LK₨119.5m (loss widened 53% from FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. Buying Opportunity • Apr 17
Now 22% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be LK₨34.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 5.7%. Buying Opportunity • Mar 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 6.7%. The fair value is estimated to be LK₨35.02, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 5.7%. Buying Opportunity • Mar 14
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 5.0%. The fair value is estimated to be LK₨36.00, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 5.7%. Buying Opportunity • Feb 20
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 20%. The fair value is estimated to be LK₨34.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.2% over the last 3 years. Earnings per share has declined by 5.7%. Reported Earnings • Feb 09
Third quarter 2023 earnings released: LK₨0.60 loss per share (vs LK₨0.088 profit in 3Q 2022) Third quarter 2023 results: LK₨0.60 loss per share (down from LK₨0.088 profit in 3Q 2022). Revenue: LK₨195.2m (up 37% from 3Q 2022). Net loss: LK₨27.6m (down LK₨31.6m from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 6% per year whereas the company’s share price has fallen by 5% per year. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 5 highly experienced directors. 4 independent directors (5 non-independent directors). Non-Executive Independent Director Priya Edirisinghe was the last independent director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Nov 03
Second quarter 2023 earnings released: LK₨0.94 loss per share (vs LK₨0.91 loss in 2Q 2022) Second quarter 2023 results: LK₨0.94 loss per share (further deteriorated from LK₨0.91 loss in 2Q 2022). Revenue: LK₨151.2m (up 197% from 2Q 2022). Net loss: LK₨43.3m (loss widened 3.3% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Aug 11
First quarter 2023 earnings released: LK₨0.97 loss per share (vs LK₨1.07 loss in 1Q 2022) First quarter 2023 results: LK₨0.97 loss per share (up from LK₨1.07 loss in 1Q 2022). Revenue: LK₨136.2m (up 215% from 1Q 2022). Net loss: LK₨44.5m (loss narrowed 9.4% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Annuncio • Jul 15
The Lighthouse Hotel PLC Announces Retirement of T. Nadesan as Non-Executive Independent Director The Lighthouse Hotel PLC informed that Mr. T. Nadesan, a non-executive independent director, retired from office on instant date. With reference to the notice of the company's annual general meeting dated 22 June 2022, a resolution for the re-election of Mr. T. Nadesan who retired by rotation in terms of article 29 (1) of the articles of association of the Company was to be considered at the AGM. This resolution was not considered at the AGM as Mr. T. Nadesan had informed that he did not wish to offer himself for re-election. Annuncio • Jul 01
The Lighthouse Hotel PLC Announces Retirement of E.P.A. Cooray as Director Mr. E.P.A. Cooray, a non-executive independent director, ceases to be a director on 30th June 2022 of The Lighthouse Hotel PLC. A resolution for the appointment of Mr. E.P.A. Cooray as a director of the Company will be considered at the AGM scheduled to be held on 14th July 2022. Annuncio • Jun 23
The Lighthouse Hotel PLC, Annual General Meeting, Jul 14, 2022 The Lighthouse Hotel PLC, Annual General Meeting, Jul 14, 2022, at 10:00 Sri Lanka Standard Time. Location: Jetwing House II" 7th Floor, 46/26, Navam Mawatha, Colombo Sri Lanka Agenda: To receive and consider the annual report of the board of directors along with the financial statements of the Company for the year ended 31st March 2022 and the report of the auditors thereon;to re-elect the directors who retire by rotation;to propose the re-appointment of Mr. N. Wadugodapitiya, who has reached the age of seventy (70) years;to propose the appointment of Mr. E.P.A. Cooray,who has reached the age of seventy four (74) years and ceased to be a director on 30th June 2022 pursuant to his re-appointment at the last AGM;to re-appoint M/s Ernst & Young, Chartered Accountants,who are deemed to be re-appointed as auditors until the conclusion of the next AGM of the Company in terms of section 158 (1) of the Companies Act No. 07 of 2007, to audit the financial statements of the Company for the financial year ending 31st March 2023 and to authorize the directors to determine their remuneration therefor;and to consider other matters. Reported Earnings • May 29
Full year 2022 earnings released: LK₨1.70 loss per share (vs LK₨4.27 loss in FY 2021) Full year 2022 results: LK₨1.70 loss per share (up from LK₨4.27 loss in FY 2021). Revenue: LK₨426.8m (up 132% from FY 2021). Net loss: LK₨78.3m (loss narrowed 60% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 7 highly experienced directors. Non-Executive Independent Director Priya Edirisinghe was the last director to join the board, commencing their role in 2010. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: LK₨0.088 (up from LK₨1.33 loss in 3Q 2021). Revenue: LK₨142.9m (up 397% from 3Q 2021). Net income: LK₨4.04m (up LK₨65.0m from 3Q 2021). Profit margin: 2.8% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 13
First quarter 2022 earnings released: LK₨1.07 loss per share (vs LK₨1.24 loss in 1Q 2021) First quarter 2022 results: Net loss: LK₨49.1m (loss narrowed 14% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Reported Earnings • May 12
Full year 2021 earnings released: LK₨4.27 loss per share (vs LK₨2.09 loss in FY 2020) Full year 2021 results: Net loss: LK₨196.5m (loss widened 104% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 28
New 90-day low: LK₨30.70 The company is down 7.0% from its price of LK₨33.00 on 30 November 2020. The Sri Lankan market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 5.0% over the same period. Reported Earnings • Feb 12
Third quarter 2021 earnings released: LK₨1.33 loss per share (vs LK₨0.35 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: LK₨28.8m (down 80% from 3Q 2020). Net loss: LK₨61.0m (loss widened 282% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Nov 27
New 90-day high: LK₨30.00 The company is up 8.0% from its price of LK₨27.70 on 27 August 2020. The Sri Lankan market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Hospitality industry, which is up 6.0% over the same period. Reported Earnings • Oct 28
First half earnings released Over the last 12 months the company has reported total losses of LK₨83.4m, with earnings decreasing by LK₨114.5m from the prior year. Total revenue was LK₨409.4m over the last 12 months, down 44% from the prior year. Is New 90 Day High Low • Oct 20
New 90-day low: LK₨26.20 The company is down 6.0% from its price of LK₨28.00 on 22 July 2020. The Sri Lankan market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is up 7.0% over the same period. 