JKH records EBITDA of Rs.12.97 bn in Q1 2025/26
View(s):John Keells Holdings (JKH) Group revenue for the first quarter 2025/26 was recorded at Rs.114.15 billion, an increase of 64 per cent over the Rs.69.66 billion recorded in the first quarter of the previous financial year.
Group EBITDA at Rs.12.97 billion in the first quarter of the financial year 2025/26 is an increase of 69 per cent over the EBITDA of Rs.7.70 billion recorded in the corresponding period of the previous financial year, the company said in a media release.
The group recorded a significant growth in revenue and EBITDA primarily on account of the Retail industry group, aided by the performance of the Supermarket and New Energy Vehicle (NEV) businesses. The group marked the first full quarter of commercial operations at the West Container Terminal (WCT-1) at the Port of Colombo. The trajectory of volume ramp-up over the quarter at WCT-1 has exceeded expectations and operational productivity has scaled up significantly over the last few months.
Excluding WCT-1, the Transportation industry group EBITDA increased by 11 per cent, mainly driven by the group’s Bunkering business, Lanka Marine Services (LMS). The Beverages business recorded a volume decline of 10 per cent, in line with that witnessed in the market, due to unseasonal adverse weather conditions which prevailed across the country while the Confectionery business recorded a volume growth of 3 per cent, driven by both the impulse and bulk segments.
The Supermarket business recorded a strong performance during the quarter, with same store sales recording an encouraging growth of 13 per cent driven by customer footfall growth of 17 per cent. Growth was further aided by the contribution from new stores.
John Keells CG Auto, the Group’s NEV business, recorded an encouraging order book. Total orders received to date have exceeded expectations. The Leisure businesses recorded an improvement in profitability and margins driven by higher occupancies on the back of improved arrivals.
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