John Keells Holdings PLC – Interim Condensed Financial Statements
Nine Months Ended 31 December 2025
Executive Summary
John Keells Holdings PLC (JKH) reported a strong financial and operational performance for the nine months ended 31 December 2025, supported by growth across all major business segments. Significant contributions came from the Retail, Leisure, Transportation, and Financial Services sectors, while the operational ramp-up of City of Dreams Sri Lanka and the West Container Terminal (WCT-1) further strengthened performance.

Financial Highlights
Revenue
Group revenue for the quarter reached Rs.125.05 billion, representing a 54% increase compared to the same quarter in the previous year.
Cumulative revenue for the nine months increased by 69% to Rs.383.96 billion.
EBITDA
Quarterly EBITDA increased by 68% to Rs.23.76 billion.
Nine-month EBITDA increased by 84% to Rs.55.10 billion.
Profitability
Profit Before Tax (PBT) for the quarter rose by 113% to Rs.12.89 billion.
Nine-month PBT increased by 193% to Rs.23.79 billion.
Profit attributable to equity holders of the parent company for the quarter was Rs.6.48 billion, compared to Rs.2.85 billion in the corresponding period last year.
Earnings Per Share
Basic earnings per share increased to Rs.0.41 for the nine months, compared to Rs.0.20 in the previous year.

Key Operational Developments
* City of Dreams Sri Lanka
* Recorded positive EBITDA for the first time since operations commenced.
* EBITDA for the quarter amounted to Rs.1.43 billion.
* Cinnamon Life and Nuwa hotels experienced strong market acceptance and growing occupancy.
* Casino operations continued to improve steadily.

West Container Terminal (WCT-1)
Throughput volumes grew steadily month-on-month.
Approximately 360,570 TEUs handled during the quarter.
Phase 1 capacity utilisation reached approximately 90%.
Phase 2 construction remains on track for completion by end-2026.
Retail and NEV Business (JKCG)
Retail EBITDA increased by 166%.
JKCG delivered over 7,900 vehicles during the financial year to date.
Strong order pipeline exceeding 3,900 vehicles.
Expansion of charging infrastructure and showroom network continued.

Segment Performance Overview
Segment EBITDA Performance
Transportation +24%
Consumer Foods +9%
Retail +166%
Leisure +337%
Property +88%
Financial Services +1%
Other Businesses -29%
Retail and Leisure emerged as the strongest contributors to Group profitability during the reporting period.

Financial Position
Total Assets
Total assets increased to Rs.907.60 billion from Rs.845.92 billion as at 31 March 2025.
Equity
Total equity increased to Rs.434.39 billion.
Net assets per share increased to Rs.23.21.
Cash Flow
Net cash generated from operating activities amounted to Rs.14.97 billion.
Significant investments continued in property, infrastructure, and strategic projects.

Sustainability and CSR Initiatives
Sustainability
Renewable energy usage reached 4.68 million kWh during the quarter.
Plasticcycle expanded its recycling bin network to 320 bins islandwide.
Corporate Social Responsibility
JKH contributed Rs.500 million toward the Government’s “Rebuilding Sri Lanka” initiative following Cyclone Ditwah.
Continued investments in education, disaster relief, biodiversity, and community empowerment programmes.

Dividend Declaration
Second interim dividend declared at Rs.0.10 per share.
Total dividend outlay amounted to Rs.1.77 billion.

Conclusion
JKH demonstrated strong operational resilience and substantial earnings growth during the reporting period. The successful ramp-up of strategic mega projects, continued recovery in tourism, strong retail performance, and expansion of the electric vehicle business positioned the Group for sustained future growth. Despite external challenges such as Cyclone Ditwah and currency depreciation, the Group maintained strong profitability and cash generation while continuing its long-term investments and sustainability initiatives