Announcement • Jun 03
The Kingsbury PLC, Annual General Meeting, Jun 24, 2026 The Kingsbury PLC, Annual General Meeting, Jun 24, 2026, at 14:00 Sri Lanka Standard Time. Location: at the chas p. hayley lounge of hayleys plc, no. 400, deans road, colombo 10 Sri Lanka Reported Earnings • Jun 02
Full year 2026 earnings released: EPS: LK₨0.75 (vs LK₨1.14 in FY 2025) Full year 2026 results: EPS: LK₨0.75 (down from LK₨1.14 in FY 2025). Revenue: LK₨5.56b (up 4.4% from FY 2025). Net income: LK₨364.8m (down 34% from FY 2025). Profit margin: 6.6% (down from 10% 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 97% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Mar 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to LK₨14.00, the stock trades at a trailing P/E ratio of 10.1x. Average trailing P/E is 15x in the Hospitality industry in Sri Lanka. Total returns to shareholders of 43% over the past three years. Buy Or Sell Opportunity • Feb 06
Now 21% overvalued Over the last 90 days, the stock has fallen 5.3% to LK₨19.80. The fair value is estimated to be LK₨16.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Oct 28
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: LK₨1.41b (up 8.6% from 2Q 2025). Net income: LK₨126.9m (up 110% from 2Q 2025). Profit margin: 9.0% (up from 4.6% in 2Q 2025). The increase in margin was driven by higher revenue. New Risk • Sep 25
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 7.8% 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 High level of debt (75% net debt to equity). Share price has been volatile over the past 3 months (7.8% average weekly change). Market cap is less than US$100m (LK₨10.8b market cap, or US$35.8m). Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to LK₨21.70, the stock trades at a trailing P/E ratio of 17.3x. Average trailing P/E is 21x in the Hospitality industry in Sri Lanka. Total returns to shareholders of 124% over the past three years. New Risk • Jul 17
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 4.9% 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 High level of debt (81% net debt to equity). Share price has been volatile over the past 3 months (4.9% average weekly change). Market cap is less than US$100m (LK₨6.68b market cap, or US$22.1m). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to LK₨16.00, the stock trades at a trailing P/E ratio of 14.1x. Average trailing P/E is 27x in the Hospitality industry in Sri Lanka. Total returns to shareholders of 122% over the past three years. Reported Earnings • Jun 08
Full year 2025 earnings released: EPS: LK₨1.14 (vs LK₨0.55 in FY 2024) Full year 2025 results: EPS: LK₨1.14 (up from LK₨0.55 in FY 2024). Revenue: LK₨5.33b (up 1.1% from FY 2024). Net income: LK₨551.2m (up 109% from FY 2024). Profit margin: 10% (up from 5.0% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Board Change • Jun 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Director Thushara Hewagama 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. Announcement • Jun 04
The Kingsbury PLC, Annual General Meeting, Jun 25, 2025 The Kingsbury PLC, Annual General Meeting, Jun 25, 2025, at 13:00 Sri Lanka Standard Time. Location: chas p hayley lounge, hayleys plc, no. 400, deans road, colombo 10, Sri Lanka Reported Earnings • Apr 30
Full year 2025 earnings released: EPS: LK₨1.14 (vs LK₨0.55 in FY 2024) Full year 2025 results: EPS: LK₨1.14 (up from LK₨0.55 in FY 2024). Revenue: LK₨5.33b (up 1.1% from FY 2024). Net income: LK₨551.2m (up 109% from FY 2024). Profit margin: 10% (up from 5.0% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 109% per year but the company’s share price has only increased by 21% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 29
Third quarter 2025 earnings released: EPS: LK₨0.25 (vs LK₨0.12 in 3Q 2024) Third quarter 2025 results: EPS: LK₨0.25 (up from LK₨0.12 in 3Q 2024). Revenue: LK₨1.49b (up 5.0% from 3Q 2024). Net income: LK₨119.6m (up 108% from 3Q 2024). Profit margin: 8.0% (up from 4.1% in 3Q 2024). 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 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Nov 18
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to LK₨11.80, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 14x in the Hospitality industry in Sri Lanka. Total returns to shareholders of 28% over the past three years. Reported Earnings • Nov 02
Second quarter 2025 earnings released: EPS: LK₨0.12 (vs LK₨0.08 in 2Q 2024) Second quarter 2025 results: EPS: LK₨0.12 (up from LK₨0.08 in 2Q 2024). Revenue: LK₨1.30b (down 2.9% from 2Q 2024). Net income: LK₨60.4m (up 61% from 2Q 2024). Profit margin: 4.6% (up from 2.8% in 2Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 02
First quarter 2025 earnings released: LK₨0.01 loss per share (vs LK₨0.18 profit in 1Q 2024) First quarter 2025 results: LK₨0.01 loss per share (down from LK₨0.18 profit in 1Q 2024). Revenue: LK₨1.15b (up 3.9% from 1Q 2024). Net loss: LK₨6.01m (down 107% from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Announcement • Jun 05
The Kingsbury PLC, Annual General Meeting, Jun 26, 2024 The Kingsbury PLC, Annual General Meeting, Jun 26, 2024, at 13:00 Sri Lanka Standard Time. Location: chas p. hayley lounge of hayleys plc, no. 400, deans road, colombo 10, Sri Lanka Reported Earnings • May 09
Full year 2024 earnings released: EPS: LK₨0.55 (vs LK₨1.14 loss in FY 2023) Full year 2024 results: EPS: LK₨0.55 (up from LK₨1.14 loss in FY 2023). Revenue: LK₨5.27b (up 38% from FY 2023). Net income: LK₨264.1m (up LK₨816.6m from FY 2023). Profit margin: 5.0% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 71% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: LK₨0.12 (vs LK₨0.07 loss in 3Q 2023) Third quarter 2024 results: EPS: LK₨0.12 (up from LK₨0.07 loss in 3Q 2023). Revenue: LK₨1.42b (up 19% from 3Q 2023). Net income: LK₨57.5m (up LK₨91.9m from 3Q 2023). Profit margin: 4.1% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. New Risk • Jan 19
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 5.1% 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 Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Market cap is less than US$100m (LK₨5.03b market cap, or US$15.7m). New Risk • Nov 30
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 5.4% 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 Earnings have declined by 19% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Market cap is less than US$100m (LK₨5.23b market cap, or US$15.9m). Reported Earnings • Nov 01
Second quarter 2024 earnings released: EPS: LK₨0.08 (vs LK₨0.32 loss in 2Q 2023) Second quarter 2024 results: EPS: LK₨0.08 (up from LK₨0.32 loss in 2Q 2023). Revenue: LK₨1.34b (up 67% from 2Q 2023). Net income: LK₨37.6m (up LK₨191.9m from 2Q 2023). Profit margin: 2.8% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 28
First quarter 2024 earnings released: EPS: LK₨0.18 (vs LK₨0.37 loss in 1Q 2023) First quarter 2024 results: EPS: LK₨0.18 (up from LK₨0.37 loss in 1Q 2023). Revenue: LK₨1.11b (up 81% from 1Q 2023). Net income: LK₨88.2m (up LK₨268.8m from 1Q 2023). Profit margin: 8.0% (up from net loss in 1Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 28% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 02
Third quarter 2023 earnings released: LK₨0.07 loss per share (vs LK₨0.12 loss in 3Q 2022) Third quarter 2023 results: LK₨0.07 loss per share (improved from LK₨0.12 loss in 3Q 2022). Revenue: LK₨1.19b (up 67% from 3Q 2022). Net loss: LK₨34.4m (loss narrowed 40% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 16% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Nov 16
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 7 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Isabel Jamaldeen was the last independent director to join the board, commencing their role in 2017. 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₨0.32 loss per share (vs LK₨0.48 loss in 2Q 2022) Second quarter 2023 results: LK₨0.32 loss per share (improved from LK₨0.48 loss in 2Q 2022). Revenue: LK₨805.2m (up 175% from 2Q 2022). Net loss: LK₨154.3m (loss narrowed 33% from 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Announcement • Oct 20
The Kingsbury PLC Appoints Donna Brindhini Perera as Non-Executive Director Dhammika Perera's eldest daughter Donna Brindhini Perera has been appointed as a Non-Executive Director of several companies of her father's business empire. She has been appointed to the board of The Kingsbury PLC, with effect from October 9, 2022. Brindhini Perera holds a Masters in Mechanical Engineering from the Imperial College London, covering Manufacturing Technology and Management, Entrepreneurship, Corporate Finance, Statistics and Mathematics. Reported Earnings • Aug 04
First quarter 2023 earnings released: LK₨0.37 loss per share (vs LK₨0.49 loss in 1Q 2022) First quarter 2023 results: LK₨0.37 loss per share (up from LK₨0.49 loss in 1Q 2022). Revenue: LK₨610.6m (up 212% from 1Q 2022). Net loss: LK₨180.6m (loss narrowed 24% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Board Change • Jul 02
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. 3 experienced directors. 8 highly experienced directors. MD & Executive Director Karr Karunarajah was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Jun 10
Full year 2022 earnings released Full year 2022 results: Revenue: LK₨2.02b (up 160% from FY 2021). Net loss: LK₨426.8m (loss narrowed 44% from FY 2021). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Announcement • Jun 08
The Kingsbury PLC, Annual General Meeting, Jun 30, 2022 The Kingsbury PLC, Annual General Meeting, Jun 30, 2022, at 10:00 Sri Lanka Standard Time. Agenda: To consider and adopt the Annual Report of the Board of Directors and the Statements of Accounts for the year ended 31st March 2022 with the Report of the Auditors thereon; to re-elect as a Director Ms. R. N. Ponnambalam, who retires by rotation at the Annual General Meeting in terms of Article 86 of the Articles of Association of the Company; to re-elect as a Director Mr. J. P. Van Twest, who retires by rotation at the Annual General Meeting in terms of Article 86 of the Articles of Association of the Company; to authorise the directors to determine donations and contributions to charities for the upcoming year; and to consider other matters. Reported Earnings • May 08
Full year 2022 earnings: EPS exceeds analyst expectations Full year 2022 results: LK₨0.88 loss per share (up from LK₨1.57 loss in FY 2021). Revenue: LK₨2.02b (up 160% from FY 2021). Net loss: LK₨426.8m (loss narrowed 44% from FY 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Feb 08
Third quarter 2022 earnings: EPS exceeds analyst expectations Third quarter 2022 results: LK₨0.12 loss per share (up from LK₨0.45 loss in 3Q 2021). Revenue: LK₨711.8m (up 337% from 3Q 2021). Net loss: LK₨57.3m (loss narrowed 74% from 3Q 2021). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 05
Second quarter 2022 earnings released: LK₨0.48 loss per share (vs LK₨0.36 loss in 2Q 2021) The company reported a soft second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2022 results: Revenue: LK₨292.8m (up 11% from 2Q 2021). Net loss: LK₨231.5m (loss widened 34% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Oct 13
Non-Executive Director recently bought LK₨175k worth of stock On the 6th of October, Sarath Ganegoda bought around 17k shares on-market at roughly LK₨10.20 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought LK₨139k more in shares than they have sold in the last 12 months. Reported Earnings • Aug 05
First quarter 2022 earnings released: LK₨0.49 loss per share (vs LK₨0.52 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: LK₨195.6m (up 151% from 1Q 2021). Net loss: LK₨238.2m (loss narrowed 5.4% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • May 12
Full year 2021 earnings released: LK₨1.57 loss per share (vs LK₨0.81 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: LK₨777.9m (down 58% from FY 2020). Net loss: LK₨758.2m (loss widened 93% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 09
New 90-day low: LK₨6.40 The company is down 47% from its price of LK₨12.10 on 09 December 2020. The Sri Lankan market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is down 15% over the same period. Reported Earnings • Feb 04
Third quarter 2021 earnings released: LK₨0.89 loss per share (vs LK₨0.45 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₨163.1m (down 69% from 3Q 2020). Net loss: LK₨216.5m (loss widened 99% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Jan 21
New 90-day high: LK₨14.80 The company is up 51% from its price of LK₨9.80 on 23 October 2020. The Sri Lankan market is up 37% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Hospitality industry, which is up 28% over the same period. Is New 90 Day High Low • Dec 07
New 90-day high: LK₨12.40 The company is up 22% from its price of LK₨10.20 on 08 September 2020. The Sri Lankan market is up 21% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Hospitality industry, which is up 23% over the same period. Reported Earnings • Oct 29
First half earnings released Over the last 12 months the company has reported total losses of LK₨589.7m, with losses widening by 248% from the prior year. Total revenue was LK₨1.44b over the last 12 months, down 36% from the prior year. Is New 90 Day High Low • Oct 28
New 90-day low: LK₨9.70 The company is down 1.0% from its price of LK₨9.80 on 30 July 2020. The Sri Lankan market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Hospitality industry, which is flat over the same period. 
