Reported Earnings • May 09
Full year 2026 earnings released: EPS: LK₨5.76 (vs LK₨0.45 loss in FY 2025) Full year 2026 results: EPS: LK₨5.76 (up from LK₨0.45 loss in FY 2025). Net income: LK₨1.22b (up LK₨1.31b from FY 2025). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has only increased by 70% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • May 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to LK₨55.50, the stock trades at a trailing P/E ratio of 73.9x. Average trailing P/E is 17x in the Real Estate industry in Sri Lanka. Total returns to shareholders of 396% over the past three years. Recent Insider Transactions • Feb 18
Independent Non-Executive Chairman recently bought LK₨2.7m worth of stock On the 12th of February, Sarravanan Neelakandan bought around 50k shares on-market at roughly LK₨54.03 per share. This trade did not impact their existing holding. This was the largest purchase by an insider in the last 3 months. This was Sarravanan's only on-market trade for the last 12 months. New Risk • Jan 14
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 10% 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 Interest payments are not well covered by earnings (0.4x net interest cover). Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 16% per year over the past 5 years. Minor Risks Revenue is less than US$5m (LK₨1.1b revenue, or US$3.5m). Market cap is less than US$100m (LK₨10.8b market cap, or US$34.8m). New Risk • Jan 02
New major risk - Revenue and earnings growth Earnings have declined by 16% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.4x net interest cover). Earnings have declined by 16% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (9.3% average weekly change). Revenue is less than US$5m (LK₨1.1b revenue, or US$3.4m). Market cap is less than US$100m (LK₨8.22b market cap, or US$26.6m). New Risk • Dec 31
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.7x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (9.2% average weekly change). Large one-off items impacting financial results. Revenue is less than US$5m (LK₨1.0b revenue, or US$3.3m). Market cap is less than US$100m (LK₨8.10b market cap, or US$26.1m). Reported Earnings • Dec 31
Second quarter 2026 earnings released: LK₨0.41 loss per share (vs LK₨0.50 loss in 2Q 2025) Second quarter 2026 results: LK₨0.41 loss per share (improved from LK₨0.50 loss in 2Q 2025). Revenue: LK₨163.2m (down 48% from 2Q 2025). Net loss: LK₨86.7m (loss narrowed 17% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Dec 02
Lanka Realty Investments PLC, Annual General Meeting, Dec 22, 2025 Lanka Realty Investments PLC, Annual General Meeting, Dec 22, 2025, at 16:00 Sri Lanka Standard Time. Location: sri lanka foundation, no. 100, padanam mawatha, independence square, colombo 07 Sri Lanka Buy Or Sell Opportunity • Oct 24
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 2.4% to LK₨28.10. The fair value is estimated to be LK₨35.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Oct 09
Now 21% undervalued Over the last 90 days, the stock has risen 75% to LK₨28.30. The fair value is estimated to be LK₨35.88, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Sep 09
Now 23% undervalued Over the last 90 days, the stock has risen 119% to LK₨28.50. The fair value is estimated to be LK₨36.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 20% over the last 3 years. Meanwhile, the company became loss making. Recent Insider Transactions • Aug 21
Executive Director recently bought LK₨5.1m worth of stock On the 18th of August, Mohamed Jamaldeen bought around 200k shares on-market at roughly LK₨25.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought LK₨73m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 17
MD & Executive Director recently bought LK₨24m worth of stock On the 15th of May, Archie James Warman bought around 2m shares on-market at roughly LK₨10.00 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Archie James has been a buyer over the last 12 months, purchasing a net total of LK₨20m worth in shares. Announcement • May 16
Eighth Wonder acquired an additional 17.86% stake in Lanka Realty Investments PLC (COSE:ASCO.N0000) from Ian Joseph McVeigh for approximately LKR 380 million. Eighth Wonder acquired an additional 17.86% stake in Lanka Realty Investments PLC (COSE:ASCO.N0000) from Ian Joseph McVeigh for approximately LKR 380 million on May 15, 2025. Eighth Wonder acquire 37.9 million shares at a price of LKR 10 per share. On completion, Eighth Wonder holds 29.17% stake in Lanka Realty Investments PLC.
Eighth Wonder completed the acquisition of an additional 17.86% stake in Lanka Realty Investments PLC (COSE:ASCO.N0000) from Ian Joseph McVeigh on May 15, 2025. Recent Insider Transactions • May 09
MD & Executive Director recently sold LK₨2.3m worth of stock On the 2nd of May, Archie James Warman sold around 200k shares on-market at roughly LK₨11.57 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Archie James has been a net seller over the last 12 months, reducing personal holdings by LK₨4.1m. Recent Insider Transactions • Mar 19
MD & Executive Director recently sold LK₨1.8m worth of stock On the 14th of March, Archie James Warman sold around 152k shares on-market at roughly LK₨11.91 per share. This transaction amounted to 1.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Archie James' only on-market trade for the last 12 months. Reported Earnings • Feb 12
Third quarter 2025 earnings released: LK₨1.14 loss per share (vs LK₨0.72 loss in 3Q 2024) Third quarter 2025 results: LK₨1.14 loss per share. Net loss: LK₨3.95m (loss narrowed 97% from 3Q 2024). New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings have declined by 35% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (2.8% operating cash flow to total debt). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (LK₨2.30b market cap, or US$7.85m). Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Revenue is less than US$5m (LK₨1.2b revenue, or US$4.2m). Announcement • Sep 03
Lanka Realty Investments PLC, Annual General Meeting, Sep 27, 2024 Lanka Realty Investments PLC, Annual General Meeting, Sep 27, 2024, at 14:30 Sri Lanka Standard Time. Location: sri lanka foundation, 100, padanam mawatha, independence square, colombo 7, Sri Lanka Reported Earnings • May 24
Full year 2024 earnings released: LK₨0.66 loss per share (vs LK₨4.98 loss in FY 2023) Full year 2024 results: LK₨0.66 loss per share (improved from LK₨4.98 loss in FY 2023). Revenue: LK₨1.19b (down 34% from FY 2023). Net income: LK₨180.0m (up LK₨1.23b from FY 2023). Profit margin: 15% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 10
Third quarter 2024 earnings released: LK₨0.72 loss per share (vs LK₨3.38 loss in 3Q 2023) Third quarter 2024 results: LK₨0.72 loss per share (improved from LK₨3.38 loss in 3Q 2023). Net loss: LK₨152.9m (loss narrowed 79% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 37% per year whereas the company’s share price has fallen by 33% per year. New Risk • Feb 08
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: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 35% per year over the past 5 years. Market cap is less than US$10m (LK₨2.18b market cap, or US$6.96m). Minor Risks Share price has been volatile over the past 3 months (4.9% average weekly change). Revenue is less than US$5m (LK₨1.3b revenue, or US$4.0m). Reported Earnings • Oct 29
Second quarter 2024 earnings released: LK₨0.67 loss per share (vs LK₨1.16 loss in 2Q 2023) Second quarter 2024 results: LK₨0.67 loss per share (improved from LK₨1.16 loss in 2Q 2023). Net loss: LK₨141.2m (loss narrowed 43% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 33% per year, which means it has not declined as severely as earnings. Announcement • Sep 02
Lanka Realty Investments PLC, Annual General Meeting, Sep 21, 2023 Lanka Realty Investments PLC, Annual General Meeting, Sep 21, 2023, at 15:00 Sri Lanka Standard Time. Location: Sri Lanka Foundation, No. 100, Padanam Mawatha Independence Square Colombo 07 Sri Lanka Agenda: To receive and consider the Annual Report of the Board of Directors on the affairs of the Company and its subsidiaries and the Financial Statements for the year ended 31st March 2023 together with the Report of the Auditors thereon; to re-elect as a Director, Mr. Ian Joseph McVeigh who retires in terms of Articles 83 and 84 of the Articles of Association of the Company; to re-elect as a Director, Mr. Sarravanan Neelakandan who retires in terms of Articles 83 and 84 of the Articles of Association of the Company; to re-appoint as a Director, Mr. Piers Morgan who is 76 years of age; to re-appoint Messrs Ernst & Young, Chartered Accountants, as the Company's Auditors and authorize the Directors to determine their remuneration; and to authorize the Directors to determine donations for the year ending 31st March 2024 and up to the date of the next Annual General Meeting. New Risk • Aug 17
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: LK₨1.5b (US$4.8m) This is considered a minor risk. Companies with a small amount of revenue 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 Risks Debt is not well covered by operating cash flow (5.3% operating cash flow to total debt). Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (LK₨2.94b market cap, or US$9.14m). Minor Risk Revenue is less than US$5m (LK₨1.5b revenue, or US$4.8m). Reported Earnings • Aug 16
First quarter 2024 earnings released: LK₨0.68 loss per share (vs LK₨1.21 loss in 1Q 2023) First quarter 2024 results: LK₨0.68 loss per share (improved from LK₨1.21 loss in 1Q 2023). Revenue: LK₨242.1m (down 51% from 1Q 2023). Net loss: LK₨144.7m (loss narrowed 44% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% per year whereas the company’s share price has fallen by 27% per year. Reported Earnings • Jun 02
Full year 2023 earnings released: LK₨5.00 loss per share (vs LK₨4.54 profit in FY 2022) Full year 2023 results: LK₨5.00 loss per share (down from LK₨4.54 profit in FY 2022). Revenue: LK₨1.78b (up 44% from FY 2022). Net loss: LK₨1.06b (down 210% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Mar 26
Executive Director recently sold LK₨923k worth of stock On the 23rd of March, Archie James Warman sold around 65k shares on-market at roughly LK₨14.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth LK₨1.0m. Despite this recent sale, insiders have collectively bought LK₨4.2m more than they sold in the last 12 months. Recent Insider Transactions • Mar 11
Executive Director recently sold LK₨1.0m worth of stock On the 7th of March, Archie James Warman sold around 83k shares on-market at roughly LK₨12.52 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite this recent sale, insiders have collectively bought LK₨6.5m more than they sold in the last 12 months. Reported Earnings • Feb 09
Third quarter 2023 earnings released: LK₨3.38 loss per share (vs LK₨0.04 loss in 3Q 2022) Third quarter 2023 results: LK₨3.38 loss per share (further deteriorated from LK₨0.04 loss in 3Q 2022). Revenue: LK₨542.2m (up 36% from 3Q 2022). Net loss: LK₨714.2m (loss widened LK₨705.5m from 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 30% per year, which means it is performing significantly worse than earnings. Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment deteriorated over the past week After last week's 18% share price decline to LK₨12.90, the stock trades at a trailing P/E ratio of 3.3x. Average trailing P/E is 6x in the Real Estate industry in Sri Lanka. Total loss to shareholders of 62% over the past three years. Recent Insider Transactions • Dec 28
Executive Director recently bought LK₨389k worth of stock On the 19th of December, Mohamed Jamaldeen bought around 37k shares on-market at roughly LK₨10.50 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth LK₨1.2m. Insiders have collectively bought LK₨258m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Dec 07
Executive Director recently bought LK₨1.2m worth of stock On the 1st of December, Mohamed Jamaldeen bought around 110k shares on-market at roughly LK₨11.18 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought LK₨257m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Dec 01
Investor sentiment improved over the past week After last week's 16% share price gain to LK₨11.60, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 7x in the Real Estate industry in Sri Lanka. Total loss to shareholders of 67% over the past three years. Recent Insider Transactions • Nov 25
Executive Director recently bought LK₨1.1m worth of stock On the 18th of November, Mohamed Jamaldeen bought around 104k shares on-market at roughly LK₨11.04 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold LK₨1.0b more in shares than they bought in the last 12 months. 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. 7 experienced directors. 1 highly experienced director. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Mohamed Farook 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 • Oct 29
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: LK₨524.1m (up 202% from 2Q 2022). Net loss: LK₨245.9m (loss widened 254% from 2Q 2022). Reported Earnings • Aug 02
First quarter 2023 earnings released: LK₨1.22 loss per share (vs LK₨0.34 loss in 1Q 2022) First quarter 2023 results: LK₨1.22 loss per share (down from LK₨0.34 loss in 1Q 2022). Revenue: LK₨491.0m (up 263% from 1Q 2022). Net loss: LK₨258.3m (loss widened 205% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • May 06
Full year 2022 earnings released: EPS: LK₨5.55 (vs LK₨1.02 loss in FY 2021) Full year 2022 results: EPS: LK₨5.55 (up from LK₨1.02 loss in FY 2021). Revenue: LK₨1.24b (up 187% from FY 2021). Net income: LK₨1.17b (up LK₨1.39b from FY 2021). Profit margin: 95% (up from net loss in FY 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • May 03
Executive Director recently bought LK₨885k worth of stock On the 26th of April, Mohamed Jamaldeen bought around 75k shares on-market at roughly LK₨11.80 per share. In the last 3 months, they made an even bigger purchase worth LK₨246m. Despite this recent purchase, insiders have collectively sold LK₨1.0b more in shares than they bought in the last 12 months. Board Change • Apr 27
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. 8 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Non-Executive Director Mohamed Farook 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. Recent Insider Transactions • Apr 03
Executive Director recently bought LK₨622k worth of stock On the 30th of March, Mohamed Jamaldeen bought around 45k shares on-market at roughly LK₨13.94 per share. In the last 3 months, they made an even bigger purchase worth LK₨246m. Despite this recent purchase, insiders have collectively sold LK₨1.0b more in shares than they bought in the last 12 months. Recent Insider Transactions • Mar 24
Executive Director recently bought LK₨988k worth of stock On the 21st of March, Mohamed Jamaldeen bought around 54k shares on-market at roughly LK₨18.46 per share. In the last 3 months, they made an even bigger purchase worth LK₨246m. Despite this recent purchase, insiders have collectively sold LK₨1.0b more in shares than they bought in the last 12 months. Recent Insider Transactions • Feb 27
Executive Director recently bought LK₨246m worth of stock On the 24th of February, Mohamed Jamaldeen bought around 87k shares on-market at roughly LK₨2,816 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold LK₨1.0b more in shares than they bought in the last 12 months. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: LK₨0.04 loss per share (up from LK₨0.33 loss in 3Q 2021). Net loss: LK₨8.70m (loss narrowed 88% from 3Q 2021). 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 97 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Dec 04
Non-Executive Director recently sold LK₨740m worth of stock On the 26th of November, Ian McVeigh sold around 21m shares on-market at roughly LK₨35.02 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of LK₨1.3b more than they bought in the last 12 months. Reported Earnings • Nov 01
Second quarter 2022 earnings released: LK₨0.28 loss per share (vs LK₨0.42 loss in 2Q 2021) Second quarter 2022 results: Net loss: LK₨74.3m (loss narrowed 16% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Reported Earnings • May 02
Full year 2021 earnings released: LK₨0.76 loss per share (vs LK₨4.49 profit in FY 2020) Full year 2021 results: Net loss: LK₨177.7m (down 129% from profit in 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 23
New 90-day low: LK₨33.00 The company is down 10.0% from its price of LK₨36.50 on 25 November 2020. The Sri Lankan market is up 26% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 9.0% over the same period. Reported Earnings • Feb 13
Third quarter 2021 earnings released: LK₨0.33 loss per share (vs LK₨2.38 profit in 3Q 2020) Third quarter 2021 results: Net loss: LK₨74.1m (down 116% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 77% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 25
New 90-day high: LK₨39.80 The company is up 18% from its price of LK₨33.80 on 27 October 2020. The Sri Lankan market is up 50% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 21% over the same period. Reported Earnings • Oct 31
First half earnings released Over the last 12 months the company has reported total profits of LK₨97.3m, down 72% from the prior year. Total revenue was LK₨212.5m over the last 12 months, up 90% from the prior year. Is New 90 Day High Low • Oct 28
New 90-day low: LK₨32.80 The company is down 7.0% from its price of LK₨35.30 on 28 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 Real Estate industry, which is down 3.0% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: LK₨40.40 The company is up 11% from its price of LK₨36.50 on 30 June 2020. The Sri Lankan market is up 14% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Real Estate industry, which is also up 11% over the same period. Announcement • Jun 16
Lanka Realty Investments PLC has completed a Follow-on Equity Offering in the amount of LKR 670.84245 million. Lanka Realty Investments PLC has completed a Follow-on Equity Offering in the amount of LKR 670.84245 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 17,889,132
Price\Range: LKR 37.5
Transaction Features: Rights Offering 
