East West Properties PlcCSELK: EAST.N0000

Interim Financial Statements for the Quarter ended 30th June 2025

· Issued by East West Properties Plc


‌- 2 -

EAST WEST PROPERTIES PLC

CONSOLIDATED INCOME STATEMENT

3 Months ended 30th June

Year ended 31.03.2025

2025

2024

Change

Rs.

Rs.

%

Rs.

Revenue

35,921,664

37,108,537

(3.20)

155,516,682

Direct Cost

(133,536)

(164,615)

(18.88)

(2,212,032)

Gross Profit

35,788,128

36,943,922

(3.13)

153,304,650

Other Income

1,654,241

4,006,618

(58.71)

8,582,398

37,442,369

40,950,540

161,887,048

Administrative Expenses

(29,730,883)

(38,444,381)

(22.67)

(136,970,794)

Other Expenses

-

-

(1,134,757)

Results from Operating Activities

7,711,486

2,506,159

207.70

23,781,498

Finance Income

14,061,408

13,198,117

6.54

54,081,132

Finance Cost

-

(13,855)

(100.00)

(167,976)

Net Finance Income / (Costs)

14,061,408

13,184,262

6.65

53,913,156

Profit / (Loss) before Tax

21,772,894

15,690,421

38.77

77,694,653

Income Tax Expenses

(4,290,000)

(2,212,500)

93.90

(14,705,423)

Profit / (Loss) for the Year

17,482,894

13,477,921

29.72

62,989,230

Other Comprehensive Income

Items that will not to be reclassified to Profit or Loss

- Re-measurement of Employee Benefits

-

-

(272,905)

- Deferred Tax on Re-measurement of Employee Benefits

-

-

54,581

Total Other Comprehensive Income / (Expenses)f◻or the Year

-

-

(218,324)

Total Comprehensive Income / (Expenses) for the Year

17,482,894

13,477,921

29.72

62,770,906

Profit / (Loss) attributable to:

Equity Holders of the Parent

16,332,593

10,264,532

59.12

51,095,870

Non-Controlling Interest

1,150,301

3,213,390

(64.20)

11,893,360

Profit / (Loss) for the Year

17,482,894

13,477,921

29.72

62,989,230

Total Comprehensive Income / (Expenses) attributable to:

Equity Holder of the Parent

16,332,593

10,264,532

59.12

(111,345)

Non-Controlling Interest

1,150,301

3,213,390

(64.20)

(106,979)

Total Comprehensive Income/(Expenses) for the Year

17,482,894

13,477,921

29.72

(218,324)

Earnings / (Loss) per Share

0.12

0.07

0.37

Figures in the brackets indicate deductions

‌- 3 -

EAST WEST PROPERTIES PLC

COMPANY INCOME STATEMENT

3 Months ended 30th June

Year ended

31.03.2025

2025

2024

Change

Rs.

Rs.

%

Rs.

Revenue

29,709,859

27,956,191

6.27

118,599,713

Other Income

1,013,047

4,232,770

(76.07)

8,157,217

30,722,906

32,188,961

126,756,930

Administrative Expenses

(23,969,926)

(34,188,386)

(29.89)

(123,026,617)

Other Expenses

-

-

(1,134,757)

Results from Operating Activities

6,752,980

(1,999,425)

(437.7)

2,595,557

Finance Income

11,382,360

9,945,765

14.4

43,144,701

Finance Cost

-

(13,855)

(100.00)

(23,192)

Net Finance Income

11,382,360

9,931,910

14.6

43,121,510

Profit before Tax

18,135,341

7,932,485

128.6

45,717,066

Income Tax Expenses

(3,000,000)

(1,012,500)

196.30

(7,000,000)

Profit for the Period

15,135,340

6,919,985

118.7

38,717,066

Other Comprehensive Income

Items that will not to be reclassified to Profit or Loss

- Re-measurement of Employee Benefits

-

-

-

- Deferred Tax on Re-measurement of Employee Benefits

-

-

-

Total Other Comprehensive Income / (Expenses)

for the Period

-

-

-

Total Comprehensive Income / (Expenses)for the Period

15,135,340

6,919,985

118.7

38,717,066

Earnings / (Loss) per Share

0.11

0.05

0.28

Figures in the brackets indicate deductions

‌- 4 -

EAST WEST PROPERTIES PLC CONSOLIDATED STATEMENT OF FINANCIAL POSITION 3 Months ended 30th June Year ended 2025 2024 31.03.2025

173,381,627

183,566,445

175,621,988

24,283,372

24,703,863

24,388,494

2,020,947,235

2,032,872,380

2,026,884,420

22,452,583

22,452,583

22,452,583

206,976

48,318

206,976

2,241,271,792

2,263,643,589

2,249,554,461

3,887,474

2,103,504

2,002,296

104,568,881

79,944,108

114,239,682

119,434,241

111,317,365

129,358,653

-

-

-

408,698,197

241,594,287

271,813,210

10,296,236

125,301,829

102,828,638

2,888,156,820

2,823,904,684

2,869,796,940

1,212,000,000

1,212,000,000

1,212,000,000

77,184,832

77,184,832

77,184,832

1,444,235,549

1,387,182,964

1,427,902,956

2,733,420,381

2,676,367,796

2,717,087,788

81,540,571

71,817,278

80,390,270

2,814,960,952

2,748,185,074

2,797,478,057

11,564,119

6,761,909

11,367,619

12,905,741

12,905,741

12,905,741

2,001,782

3,378,507

2,201,960

26,471,642

23,046,157

26,475,320

32,973,771

36,551,796

35,183,108

1,601,426

1,601,428

1,601,426

12,149,030

14,520,229

9,059,030

-

-

-

2,888,156,820

2,823,904,684

2,869,796,940

Rs. Rs. Rs. ASSETS NON - CURRENT ASSETS

Property, Plant & Equipment Lease Hold Property Investment Properties Intangible Assets

Deferred Tax Asset

CURRENT ASSETS

Inventories

Trade & Other Receivables Amounts Due From Related Parties Other Financial Assets

Short Term Investments Cash & Cash Equivalents

TOTAL ASSETS EQUITY AND LIABILITIES

Stated Capital - 138,240,000 Ordinary Shares Capital Reserve

Revenue Reserve

Equity Attributable to Equity Holders of the Parent

Non Controlling Interest TOTAL EQUITY NON - CURRENT LIABILITIES

Employee Benefits Deferred Tax Liabilities Rent Received in Advance

CURRENT LIABILITIES

Trade & Other Payables Rent Received in Advance Income Tax Liabilities Bank Overdraft

TOTAL EQUITY & LIABILITIES

Net Assets Value Per share 19.77 19.36 19.65



I certify that these financial statements are in compliance with the requirements of the companies Act No.7 of 2007.

………………………… Finance Officer



The Board of Directors is responsible for the preparation and presentation of these Financial Statements. Signed for and on behalf of the Board.



Vajira Wijesuriya Dananjaya Bandara

Director Director

14th Aug 2025 Colombo

‌- 5 -

EAST WEST PROPERTIES PLC

STATEMENT OF FINANCIAL POSITION - COMPANY

3 Months ended 30th June

Year ended 31.03.2025

2025

2024

Rs.

Rs.

Rs.

ASSETS

NON - CURRENT ASSETS

Property, Plant & Equipment

168,687,233

179,050,250

171,362,848

Lease Hold Property

24,283,372

24,703,863

24,388,494

Investment Property

2,020,947,235

2,032,872,380

2,026,884,420

Investments in Subsidiaries

49,307,090

49,307,090

49,307,090

2,263,224,929

2,285,933,583

2,271,942,853

CURRENT ASSETS

Trade & Other Receivables

69,799,519

49,808,505

81,619,543

Amounts Due From Related Parties

119,434,241

111,317,365

129,358,653

Other Financial Assets

-

-

-

Short Term Investments

284,373,345

136,712,891

140,220,781

Cash & Cash Equivalents

4,279,294

109,524,520

100,661,705

TOTAL ASSETS

2,741,111,328

2,693,296,864

2,723,803,535

EQUITY AND LIABILITIES

Equity

Stated Capital - 138,240,000 Ordinary Shares

1,212,000,000

1,212,000,000

1,212,000,000

Capital Reserve

77,184,832

77,184,832

77,184,832

Retained Earnings

1,386,221,303

1,339,288,881

1,371,085,963

TOTAL EQUITY

2,675,406,135

2,628,473,713

2,660,270,796

NON - CURRENT LIABILITIES

Employee Benefits

10,014,425

5,699,527

9,864,426

Diferred Tax Liabilities

12,905,741

12,905,741

12,905,741

Rent Received in Advance

2,001,782

3,378,507

2,201,960

CURRENT LIABILITIES

Trade & Other Payables

30,668,467

31,098,286

31,445,835

Deposits & Advances Received

1,601,426

1,601,426

1,601,426

Income Tax Liabilities

8,513,352

10,139,664

5,513,352

Bank Overdrafts

-

-

-

TOTAL EQUITY & LIABILITIES

2,741,111,328

2,693,296,864

2,723,803,535

Net Assets Value Per share

19.35

19.01

19.24



I certify that these financial statements are in compliance with the requirements of the companies Act No.7 of 2007.

…………………………………..

Finance Officer

The Board of Directors is responsible for the preparation and presentation of these Financial Statements.



Signed for and on behalf of the Board.

Vajira Wijesuriya



Dananjaya Bandara

Director

Director

14th Aug 2025

Colombo

‌EAST WEST PROPERTIES PLC

STATEMENT OF CHANGES IN EQUITY

- 6 -

GROUP - Attributable to Equity Shareholders of the Parent

Stated

Revaluation

Revenue

Total

Non-Controlling

Total

Capital

Reserve

Reserve

Interest

Equity

Rs.

Rs.

Rs.

Rs.

Rs.

Rs.

Balance as at 31st March 2023

1,212,000,000

77,184,832

1,295,930,950

2,585,115,783

55,857,553

2,640,973,336

Profit for the year

80,549,174

80,549,174

12,717,922

93,267,096

Other Comprehensive Income / (Expense)

438,308

438,308

28,413

466,721

Total Comprehensive Income / (Expense) for the year

-

-

80,987,482

80,987,482

12,746,335

93,733,817

Balance as at 31st March 2024

1,212,000,000

77,184,832

1,376,918,432

2,666,103,265

68,603,888

2,734,707,153

Profit for the year

51,095,870

51,095,870

11,893,360

62,989,230

Other Comprehensive Income / (Expense)

(111,345)

(111,345)

(106,979)

(218,324)

Total Comprehensive Income / (Expense) for the year

-

-

50,984,524

50,984,524

11,786,381

62,770,905

Balance as at 31st March 2025

1,212,000,000

77,184,832

1,427,902,956

2,717,087,789

80,390,270

2,797,478,058

Profit for the period

-

-

16,332,593

16,332,593

1,150,301

17,482,894

Other Comprehensive Income / (Expense)

-

-

-

-

-

-

Total Comprehensive Income / (Expense) for the year

-

-

16,332,593

16,332,593

1,150,301

17,482,894

Balance as at 30th June 2025

1,212,000,000

77,184,832

1,444,235,549

2,733,420,382

81,540,571

2,814,960,952

Stated

Revaluation

Revenue

Total

Non-Controlling

Total

Capital

Reserve

Reserve

Interest

Equity

Rs.

Rs.

Rs.

Rs.

Rs.

Rs.

Balance as at 31st March 2024

1,212,000,000

77,184,832

1,376,918,432

2,666,103,265

68,603,888

2,734,707,153

Profit for the period

-

-

10,264,532

10,264,532

3,213,390

13,477,922

Balance as at 30th June 2024

1,212,000,000

77,184,832

1,387,182,964

2,676,367,797

71,817,278

2,748,185,075

‌- 7 -

EAST WEST PROPERTIES PLC

STATEMENT OF CHANGES IN EQUITY

COMPANY

Stated

Revaluation

Revenue

Total

Capital

Reserve

Reserve

Rs.

Rs.

Rs.

Rs.

Balance as at 31st March 2023

1,212,000,000

77,184,832

1,264,648,005

2,553,832,837

Profit for the year

-

-

67,312,158

67,312,158

Other Comprehensive Income / (Expense)

-

-

408,734

408,734

Total Comprehensive Income

-

-

67,720,892

67,720,892

Balance as at 31st March 2024

1,212,000,000

77,184,832

1,332,368,897

2,621,553,729

Profit for the year

-

-

38,717,066

38,717,066

Other Comprehensive Income / (Expense)

-

-

-

-

Total Comprehensive Income

-

-

38,717,066

38,717,066

Balance as at 31st March 2025

1,212,000,000

77,184,832

1,371,085,963

2,660,270,796

Profit for the period

-

-

15,135,340

15,135,340

Other Comprehensive Income / (Expense)

-

-

-

-

Total Comprehensive Income

-

-

15,135,340

15,135,340

Balance as at 30th June 2025

1,212,000,000

77,184,832

1,386,221,303

2,675,406,135

Stated

Revaluation

Revenue

Total

Capital

Reserve

Reserve

Rs.

Rs.

Rs.

Rs.

Balance as at 31st March 2024

1,212,000,000

77,184,832

1,332,368,897

2,621,553,729

Loss for the period

-

-

6,919,984

6,919,984

Other Comprehensive Income / (Expense)

-

-

-

-

Total Comprehensive Income

-

-

6,919,984

6,919,984

Balance as at 30th June 2024

1,212,000,000

77,184,832

1,339,288,881

2,628,473,713

‌EAST WEST PROPERTIES PLC

STATEMENT OF CASH FLOW - GROUP

3 Months ended 30th June

2025

2024

Rs.

Rs.

CASH FLOWS FROM OPERATING ACTIVITIES

Profit / (Loss) before Interest & Tax

16,025,931

2,573,777

Adjustment for;

Depreciation on Property, Plant & Equipment

3,110,870

3,107,306

Depreciation on Investment Property

5,937,185

5,937,185

Amortisation of Leasehold Property

105,123

105,123

Gratuity Provision

196,500

52,500

Dividend Income

-

-

Profit / (Loss) before Working Capital Changes

25,375,609

11,775,892

Changes in Working Capital

(Increase) / Decrease in Inventories

(1,885,178)

-

(Increase) / Decrease in Trade and Other Receivables

9,578,429

37,886,918

(Increase) / Decrease in Amounts due from Related Parties

9,924,412

(6,092,591)

Increase / (Decrease) in Trade and Other Payables

(1,341,459)

(3,013,621)

Increase / (Decrease) in Deposits & Advance Received

(775,504)

112,402

Increase / (Decrease) in Rent Received in Advance

(200,178)

(609,534)

Cash Generated from / (used in) Operating Activities

40,676,131

40,059,465

Tax Paid

1,290,000

-

Interest Paid

-

-

Gratuity Paid

-

(93,000)

Net Cash Flows from / (used in) Operating Activities

41,966,131

39,966,465

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Property, Plant & Equipment

-

(59,500)

Interest Received

5,746,963

13,116,644

Dividend Income

-

-

Short term Investments

(140,245,495)

(30,605,037)

Net Cash Flows from / (used in) Investing Activities

(134,498,532)

(17,547,893)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds form / (Repayment of) Interest Bearing Borrowings

-

-

Net Cash Flows from / (used in) Financing Activities

-

-

Net Increase / (Decrease) in Cash and Cash Equivalents

(92,532,401)

22,418,572

Cash and Cash Equivalents at the beginning of the year

102,828,638

102,883,257

Cash and Cash Equivalents at the end of the year

10,296,236

125,301,829

Favourable balances

Cash in Hand & at Bank

10,296,236

125,301,829

Un-favourable balances

Bank Overdrafts

-

-

10,296,236

125,301,829

‌EAST WEST PROPERTIES PLC

STATEMENT OF CASH FLOW - COMPANY

3 Months ended 30th June

2025

2024

Rs.

Rs.

CASH FLOWS FROM OPERATING ACTIVITIES

Profit/ (Loss) before Interest & Tax

15,045,664

(1,963,016)

Adjustment for;

Depreciation on Property, Plant & Equipment

2,675,616

2,675,616

Depreciation on Investment Property

5,937,185

5,937,185

Amortisation of Leasehold Property

105,123

105,123

Gratuity Provision

150,000

7,500

Dividend Income

-

-

Profit / (Loss) before Working Capital Changes

23,913,588

6,762,409

Changes in Working Capital

(Increase) / Decrease in Inventories

-

-

(Increase) / Decrease in Trade and Other Receivables

11,820,024

24,426,780

(Increase) / Decrease in Amounts due from Related Parties

9,924,412

(6,092,591)

Increase / (Decrease) in Trade and Other Payables

(1,865)

(2,361,160)

Increase / (Decrease) in Deposits & Advance Received

(775,504)

112,403

Increase / (Decrease) in Rent Received in Advance

(200,178)

(609,534)

Cash Generated from / (used in) Operating Activities

44,680,476

22,238,305

Tax Paid

-

-

Interest Paid

-

-

Gratuity Paid

-

-

Net Cash Flows from / (used in) Operating Activities

44,680,476

22,238,305

CASH FLOWS FROM INVESTING ACTIVITIES

Purchase of Property, Plant & Equipment

-

(59,500)

Interest Received

3,089,677

9,895,501

Dividend Income

-

-

Short term Investments

(144,152,565)

(442,770)

Net Cash Flows from / (used in) Investing Activities

(141,062,888)

9,393,231

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds form / (Repayment of) Interest Bearing Borrowings

-

-

Net Cash Flows from / (used in) Financing Activities

-

-

Net Increase / (Decrease) in Cash and Cash Equivalents

(96,382,412)

31,631,536

Cash and Cash Equivalents at the beginning of the year

100,661,705

77,892,984

Cash and Cash Equivalents at the end of the year

4,279,294

109,524,520

Favourable balances

Cash in Hand & at Bank

4,279,294

109,524,520

Un-favourable balances

Bank Overdrafts

-

-

4,279,294

109,524,520

‌- 10 -

OPERATING SEGMENT INFORMATION

FOR THE QUATER ENDED 30TH JUNE 2025

Property

Media

Group Total

External Revenue

29,521,739

6,399,924

35,921,664

Inter Segment Revenue

188,120

-

-

Segment Revenue

29,709,859

6,399,924

35,921,664

Gross Profit

30,722,906

6,266,389

35,788,128

Net Finance Income

11,382,360

2,679,047

14,061,408

Segment Profit/(Loss) before Tax

18,135,341

3,637,553

21,772,894

Profit/ (Loss) After Tax

15,135,340

2,347,553

17,482,894

Other Comprehensive Income

-

-

-

Total Comprehensive Income

15,135,340

2,347,553

17,482,894

Segment Total Assets

2,741,111,328

157,462,327

2,888,156,820

-11-

EAST WEST PROPERTIES PLC Notes to the Interim Financial Statements as at 30.06.2025
  1. Corporate Information

    East West Properties PLC is a Public Limited Liability Company incorporated in Sri Lanka and listed on the Colombo Stock Exchange.

  2. Consolidated Interim Financial Statements

    The consolidated Interim financial statements, "the Company" refers to East West Properties PLC as the Parent Company and "the Group" refers to the companies whose accounts have been consolidated therein.

  3. Date of Authorization for issue

    The Consolidated Interim Financial Statements of the Group for the year ended 30thJune 2025 were authorized for issue, in accordance with a resolution of the Board of Directors on 14thAugust 2025.

  4. Basis of Preparation

    The Consolidated Interim financial statements of the Company and the Group have been prepared in compliance with Sri Lanka Accounting Standards (SLAS) LKAS 34 - Interim Financial Reporting. Further, provision of the Companies Act No.7 of 2007 has been considered in preparing the interim financial statements of the Company and the Group. These interim condensed financial statements should be read in conjunction with the annual financial statements for the year ended 31stMarch 2025.

    The interim financial statements are presented in Sri Lankan Rupees (LKR).

  5. Consolidation Policy - Principal of Consolidation Subsidiaries

    The Consolidated Interim Financial Statements of the Group represents the Financial Statements of the Company and its Subsidiary as at 30thJune 2025.

    All intra-group balances, income and expenses, unrealized profit and losses resulting from intra-group transactions are eliminated in full.

    Subsidiary is fully consolidated from the date the Parent obtained control until such time as control ceases. Non-controlling interest represents the portion of profit or loss and net assets not held by the Group are shown as a component of profit or loss for the period in the statement of comprehensive income and as a component of equity in the consolidated statement of financial position, separately from Parent's shareholders' equity.

    Intangible Assets Rs.

    Goodwill on Acquisition 22,452,583/-

    Goodwill on Acquisition

    This represents the excess of the cost of acquisition of the net Assets of Peoples Media Network (Pvt) Ltd.

    -12-

  6. Property Plant & Equipment

    Details of Group's Land and Buildings are indicated below.

    (a) East West Properties PLC

    - Property / Location - Condominium Apartment Unit No.BA/F24/U3

    Management Corporation Condominium Plan No.3206 Crescat Residencies, 75-23/2,Kollupitiya Road, Colombo 03

    Extent - 2,479.68 Sq Ft Method of Valuation - Open Market Value Date of Valuation - 31.03.2020

    Valuation - Rs.128,700,000/-Carrying Value - Rs.110,467,500/-

    - Land

    Property /Location - Pamunugama Cost - Rs.42,152,700

    Extent -3A 0R 36.00P

    Condominium Apartments - Unit No. BA/F24/U3 was revalued on the open market values as at 31stMarch 2020 by an independent qualified valuer, Mr.Haleem Ghouse, 8, Chitra Lane, Kirula Road, Thimbirigasyaya, Colombo 05.

    The surplus arising on such revaluation amounting to Rs.46,860,000/- from Apartment Unit No.BA/F24/U3 has been credited to revaluation reserve in equity as at 31.03.2020.

    The above mentioned Apartment Unit BA/F24/U3 is used (Mr.M.W.A.D.J.Nahil Wijesuriya) of the Company free of any rent.

    by

    the Executive Director

    (b) Peoples Media Network (Pvt) Ltd

    Site Building Location No of Building Extent

    Cost (Rs.)

    Elkaduwa Hunnasgiriya

    1

    640 sqft

    2,957,228/-

    Gammaduwa Karagahatenna

    1

    640 sqft

    8,382,929/-

    Gonamotuwa, Nayabedda

    1

    660sqft

    2,797,190/-

    Leasehold Property - Company

    Leasehold Land includes leasehold rights to land owned by Urban Development Authority situated at 3rdLane, New Nuge Road, Peliyagoda which is on a 99 year lease. Leasehold Land amortized over their remaining period of lease.

    The Company recognized Leasehold Property at cost and according to the last valuation done by Messers. Haleem Ghouse SCV, LIV.B.Com, ATM, PHF, MPVP Corporate & Registered Valuer as at 31.03.2020, the fair value of the property is Rs. 1,740,215,723/-

    -13-

    Investment Property (a) East West Properties PLC

    Investment Properties of the Company consists of the following. The Company has opted to use the cost model to value the Investment Properties as per by "LKAS 40 - Investment Property". The Company's investment properties details are as follows.

    Property

    No of

    Extent

    Cost

    Valuation

    Date of

    buildings

    Rs.

    Rs.

    Valuation

    Land

    Land - Peliyagoda

    No. 204, Kandy Road, Peliyagoda.

    1

    1A 0R 05.55P

    413,298,300

    416,704,800

    31.03.2022

    Land - Kollupitiya

    No. 53, Dharmapala Mawatha, Kollupitiya.

    Land - 01

    1

    0A 0R 15.00P

    287,085,345

    300,000,000

    31.03.2022

    Land - 02.

    1

    0A 0R 19.028P

    359,099,000

    362,199,000

    31.03.2023

    Kollupitiya - No. 51 A

    1

    0A 0R 09.00P

    440,559,225

    441,000,000

    31.03.2024

    Warehouses

    81/11, 3rd Lane, New Nuge Road, Peliyagoda.

    Warehouse No. I

    1

    27,342 sq.ft

    13,389,223

    32,009,384

    31.03.2020

    Warehouse No. I

    - Mezzanine Floor

    1

    2,390 sq.ft

    7,162,230

    -

    -

    Warehouse No. II

    1

    12,967 sq.ft

    21,841,098

    15,180,516

    31.03.2020

    Warehouse No. III

    1

    34,863 sq.ft

    63,231,316

    55,780,800

    31.03.2020

    Warehouse No. IV

    1

    1,650 sq.ft

    2,039,362

    4,000,000

    31.03.2020

    No. 204, Kandy Road, Peliyagoda.

    Warehouse No. V

    7

    17,056 sq.ft

    36,235,200

    36,235,200

    31.03.2022

    Building

    Six Storied Building

    No. 53, Dharmapala Mawatha, Kollupitiya.

    1

    20,755 sq.ft

    422,153,655

    435,850,000

    31.03.2022

    Four Storied Building

    Kollupitiya - No. 51 A

    1

    5,805 sq.ft

    73,939,774

    74,013,750

    31.03.2024

    The carrying amount of above Investment Properties as at 30thJune 2025 amounted to Rs.2,020,947,235/-(at cost).

    The Investment Properties had been revalued by independent valuer and details of valuation disclosed above. The Company has classified above properties as Investment Properties and revaluation surplus which is related to investment properties has not been incorporated to the books of accounts.

    -14-

  7. Financial Assets

    Initial Recognition & Measurement

    Receivables and debt securities issued are initially recognised when they are originated. All other financial assets and financial liabilities are initially recognised when the Group becomes a party to the contractual provisions of the instrument.

    A financial asset (unless it is a trade receivable without a significant financing component) or financial liability is initially measured at fair value plus, for an item not at fair value through profit or loss (FVTPL), transaction costs that are directly attributable to its acquisition or issue. A trade receivable without a significant financing component is initially measured at the transaction price.

  8. Share Information
    1. Directors Share holding

      Directors

      As at 30.06.2025

      As at 30.06.2024

      Mr.M.Nahil Wijesuriya (NR - FI)

      1,131,610

      51,131,610

      Mr.M.W.A.D.J.N.Wijesuriya (NCI)

      4,800

      4,800

      Mrs.M.W.A.D.A.A.V. Wijesuriya

      29,793,601

      29,793,601

      Mr. M.W.A.D.J.V. Wijesuriya

      26,066,637

      26,066,637

      Mr.D.R.Jayasinghe

      10,000

      10,000

      Mr.A.K.S.Ariyawansha

      Nil

      Nil

      Mr. J.S.M.D.M.A. Bandara

      Nil

      Nil

    2. The Twenty Largest Shareholders

      Shareholders

      As at

      30.06.2025

      As at

      30.06.2024

      Shareholding

      %

      Shareholding

      %

      1

      AGNES WIJESURIYA - CHILDRENS' AND ELDERS' HOMES

      50,000,000

      36.17

      -

      -

      2

      MRS. M.W.A.D.A.A.V. WIJESURIYA

      29,793,601

      21.55

      29,793,601

      21.55

      3

      MR. M.W.A.D.J.V. WIJESURIYA

      26,066,637

      18.86

      26,066,637

      18.86

      4

      MR. S.P. PERERA

      1,432,579

      1.04

      -

      -

      5

      MR. V.K. SANGAKKARA

      1,251,279

      0.91

      -

      -

      6

      MR. M.N. WIJESURIYA

      1,131,610

      0.82

      51,131,610

      36.99

      7

      MR. V.S.P. LIYANAGE

      1,095,162

      0.79

      -

      -

      8

      MR. A.M. WEERASINGHE

      1,023,781

      0.74

      1,023,781

      0.74

      9

      MR. J.K. MAYAKADUWAGE

      902,523

      0.65

      -

      -

      10

      DFCC BANK PLC/P.S.R.CASIE CHITTY

      800,000

      0.58

      -

      -

      11

      MR. D.P. NAVARATNAM

      732,700

      0.53

      795,000

      0.58

      12

      MR. W.D.N.H. PERERA

      725,000

      0.52

      -

      -

      13

      SEYLAN BANK PLC/GLADSTONE CAPITAL (PRIVATE) LTD

      724,340

      0.52

      -

      -

      14

      SEYLAN BANK PLC/PRIYANTHA PUSHPAKUMARA MADDU

      713,660

      0.52

      -

      -

      15

      MR. O. SENANAYAKE

      700,000

      0.51

      -

      -

      16

      MR. J.H.R.R. THISSERA

      600,000

      0.43

      -

      -

      17

      MR. M.L.K. SOMARATNE

      550,000

      0.40

      -

      -

      18

      HATTON NATIONAL BANK PLC/DAWI INVESTMENT TRUST

      548,393

      0.40

      954,331

      0.69

      19

      DIALOG FINANCE PLC/S.D.M. HEMAJITH & R.A.N. UDANI

      450,000

      0.33

      514,198

      0.37

      20

      MR. J.H. LEANAGE

      430,000

      0.31

      -

      -

      119,671,265

      6.58

      110,279,158

      79.78

      -15-

    3. The public shareholding percentage as at 30thJune 2025 was 22.59% (30thJune 2024 - 22.59%) Number of public shareholders as at 30thJune 2025 - 2,480 (30thJune 2024 - 2,566)

Float adjusted Market Capitalization as at 30thJune 2025 - Rs. 783,831,635/- (As at 30thJune 2024 - Rs. 324,775,526/-).

The Entity shall meet the minimum public holding requirement as per Option 5.

Over 10% Holding

Name

Shareholding

Percentage (%)

Agnes wijesuriya - childrens' and elders' homes

50,000,000

36.17

Miss.M.W.A.D.Anika A.V.Wijesuriya

29,793,601

21.55

Mr.M.W.A.D.J.Vajira Wijesuriya

26,066,637

18.86

8.4

Market value per share

30.06.2025

30.06.2024

Highest price per share

28.00

11.20

Lowest price per share

12.60

8.20

Last traded price per share

25.10

10.40

09. Contingent Liabilities

There are no material contingent liabilities outstanding as at the date of the Statement of Financial Position other than those disclosed below.

  1. Events after the reporting period

    Subsequent to the reporting date of 30thJune 2025, there has been a change in the ownership of the Company. The shareholding structure was altered following the transfer of shares to new shareholders, resulting in a change in the controlling interest of the Company. Relevant details of the transaction and supporting documents have been duly recorded and are available for inspection in CSE site.

    The change in ownership does not affect the financial position of the Company as at the reporting date.

  2. The figures of the interim financial statement of the Company and the Group are provisional & subject to Audit.

-16-

Corporate Information Name of the Company East West Properties PLC

Company Reg. Number PQ 221

Legal Form A Quoted Public Company with limited liability incorporated in Sri Lanka on 18thMarch 1981 and registered under the Companies Act No.07 of 2007.

The ordinary shares of the Company are listed on the Colombo Stock Exchange.

Board of Directors Mr.M.W.A.D.J.Nahil Wijesuriya (Chairman / Executive Director)

Ms.M.W.A.D.Anika A.V.Wijesuriya (Non Executive Director) Mr.M.W.A.D.J.Vajira Wijesuriya (Non Independent Non Executive Director) Mr.D.Rohan Jayasinghe (Senior Independent Non Executive Director) Mr.A.K.S.Ariyawansha (Executive Director)

Mr.J.S.M.D.M.A.Bandara (Independent Non Executive Director) Mr.Gaurav Mehta (Non Executive Director)

Mr.K.M.Tanuja Hashan (Non Executive Director)

Mr.C.M.Umagiliya Weerawardena (Independent Non - Executive Director) Mr.K.D.Gamini Gunaratne (Independent Non - Executive Director)

Audit Committee Mr.J.S.M.D.M.A.Bandara - Chairman Mr.D.Rohan Jayasinghe - Member Ms.M.W.A.D.Anika A.V.Wijesuriya - Member Remuneration Committee Mr.D.Rohan Jayasinghe - Chairman Related Party Transactions Review Committee Ms.M.W.A.D.Anika A.V.Wijesuriya - Member Nomination and Governance Committee Mr.J.S.M.D.M.A.Bandara - Member Company Secretaries SSP Corporate Services (Pvt) Ltd 101, Inner Flower Road, Colombo 03. Auditors BDO Partners - Chartered Accountants

65/2, Sir Chittampalam A Gardiner Mawatha, Colombo - 02

Bankers Hatton National Bank PLC

Bank of Ceylon

National Development Bank PLC Sampath Bank PLC

Peoples Bank

Registered Office No. # 02-01, 53, Dharmapala Mawatha, Colombo 03 Telephone : + 94 11 2 43 77 55

Fax : + 94 11 2 43 20 40

Web : https://www.eastwest.lk

Warehouse Office 81/11, 3rdLane, New Nuge Road, Peliyagoda Telephone : +94 11 2 912 274

Fax : + 94 11 2 912 068

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