Hatton Plantations PlcCSELK: HPL.N0000

Interim Financial Statements as of 30th June 2025

· Issued by Hatton Plantations Plc

HATTON PLANTATIONS PLC • INTERIM FINANCIAL STATEMENT 1

HATTON PLANTATIONS PLC

iNTīRiM FiNANCiAL STATīMīNTS

Quar t er Ended 3 0th June 2 0 2 5



STATEMENT OF PROFIT OR LOSS - GROUP

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

GROUP

GROUP



Audited Year

Ended

Unaudited 03 months ended

31.03.2025

30.06.2025

30.06.2024

% Change

Continuing operations

7,709,932

Revenue

l,&8&,7&&

1,691,397

0%

(6,499,334)

Cost of sales

(l,5fi&,958)

(1,243,391)

23%

1,fi10,598

Gross profit/(Loss)

159,808

448,006

-64%

143,693

Other income

34,70&

18,086

92%

51,893

Gain on change in fair value of biological assets

-

-

0%

(346,365)

Administrative expenses

(79,&9fi)

(74,821)

7%

1,059,819

Operating profit/(Loss)

114,822

391,271

-71%

114,708

Finance income

fi8,&75

22,698

26%

(29,119)

Finance expenses

(l4,84fi)

(6,359)

>-100%

(100,139)

Interest paid to government and other on lease

(fi7,fifi8)

(25,999)

5%

(14,550)

Net finance costs

(13,395)

(9,660)

39%

1,045,269

Profit/(Loss) before income tax

l0l,4fi7

381,611

-73%

(326,419)

Income tax expenses

(l8,309)

(98,844)

-81%

718,850

Profit/(Loss) for the period

83,118

282,767

-71%

Profit is attributable to:

716,839

Equity holders of the parent

8fi,8ll

281,829

-71%

2,011

Non-controlling interest

307

938

718,850

83,118

282,767

-71%

Profit per share for profit attributable to the ordinary equity holders of the parent (expressed in LKR per share)

3.03

Basic earning per share

0.35

1.19

STATEMENT OF COMPREHENSIVE INCOME - GROUP

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

GROUP

GROUP



Audited Year

Ended

Unaudited 03 months ended

31.03.2025

30.06.2025

30.06.2024

% Change

718,850

Profit for the period

83,118

fi8fi,767

-71%

Other comprehensive income:

Items that will not be reclassified to profit or loss

(860)

- Changes in the fair value of Equity Investments at Fair Value Through Comprehensive Income

-

-

0%

(140,918)

- Remeasurements of Post-employment Benefit Obligations

-

-

0%

42,277

- Income tax relating to these items

-

-

0%

(99,501)

Total Other comprehensive income for the period

-

-

619,349

Total comprehensive income for the period

83,118

282,767

-71%

Total comprehensive income attributable to:

617,335

Equity holders of the parent

8fi,8ll

282,563

2,014

Non- controlling interest

307

204

619,349

83,118

282,767

-71%

STATEMENT OF PROFIT OR LOSS - COMPANY

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

Company

COMPANY



Audited Year

Ended

Unaudited 03 months ended

31.03.2025

30.06.2025

30.06.2024

% Change

Continuing operations

7,587,967

Revenue

l,&&fi,l85

1,649,172

1%

(6,448,542)

Cost of sales

(l,5l4,759)

(1,231,600)

23%

1,139,4fi5

Gross profit/(Loss)

147,4fi6

417,57fi

-65%

198,266

Other income

34,70&

17,886

94%

51,893

Gain on change in fair value of biological assets

-

-

0%

(332,352)

Administrative expenses

(7&,387)

(71,487)

7%

1,057,232

Operating profit/(Loss)

105,745

363,971

-71%

109,516

Finance income

fi7,99fi

20,668

35%

(29,119)

Finance expenses

(l4,84fi)

(6,359)

>100%

(100,139)

Interest paid to government and other on lease

(fi7,fifi8)

(26,001)

5%

(19,74fi)

Net finance costs

(14,078)

(11,69fi)

fi0%

1,037,490

Profit before income tax

91,667

352,279

-74%

(297,831)

Income tax expenses

(l5,fi&0)

(90,035)

-83%

739,659

Profit/(Loss) for the period

76,407

262,244

-71%

Profit per share for profit attributable to the ordinary equity holders of the Company (expressed in LKR per share)

3.13

Basic earning per share

0.3fi

1.11

STATEMENT OF COMPREHENSIVE INCOME

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

Company

COMPANY



Audited Year

Ended

Unaudited 03 months ended

31.03.2025

30.06.2025

30.06.2024

% Change

739,659

Profit for the period

76,407

fi6fi,fi44

-71%

Other comprehensive income:

Items that will not be reclassified to profit or loss

29,141

- Changes in the fair value of Equity Investments at Fair Value Through Comprehensive Income

-

-

0%

(141,002)

- Remeasurements of Post-employment Benefit Obligations

-

-

0%

42,301

- Income tax relating to these items

-

-

0%

(69,560)

Total Other comprehensive income for the period

-

-

670,099

Total comprehensive income for the period

76,407

262,244

-71%

STATEMENT OF FINANCIAL POSITION

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

Group

Company

GROUP

COMPANY



Audited As at 31.03.2025

Unaudited As at

30.06.2025

30.06.2024

30.06.2025

30.06.2024

ASSETS

Non-current assets

368,097

368,097

Right-of-use assets

378,fi8&

391,126

378,fi8&

391,126

5,187

5,187

Immovable estate assets

3,9l0

9,020

3,9l0

9,020

1,412,574

1,086,830

Property, plant and equipment other than bearer plants

l,40&,fil&

1,452,646

l,08l,033

1,108,979

1,567,806

1,567,806

Bearer plants

l,&3l,038

1,404,599

l,&3l,038

1,404,599

2,300,446

2,300,446

Biological assets - consumable

fi,300,9l5

2,252,268

fi,300,9l5

2,252,268

-

586,142

Investment in subsidiary

-

-

58&,l4fi

556,141

26,543

26,543

Equity investments at fair value through other comprehensive income

fi&,543 27,403

fi&,543

27,403

5,680,653

5,941,051

Total non-current assets

5,746,908 5,537,06f i

6,007,867

5,749,536

Current assets

30,324

30,324

Biological assets - produce crops on bearer plants

30,3fi4

20,038

30,3fi4

20,038

609,153

607,982

Inventories

9l4,&49

847,912

9l3,l39

846,741

213,008

205,381

Trade and other receivables

33&,347

318,068

3l4,ll9

300,881

263

263

Amounts due from related companies

lfi&,7l5

432

lfi&,7l5

432

1,113,085

1,113,085

Short term investment in financial assets

995,870

613,821

995,870

613,821

536,311

482,771

Cash and cash equivalents

5fi3,78f i 424,960

484,0ll

347,433

fi,50fi,144

fi,439,806

Total current assets

fi,9fi7,687

fi,fifi5,fi31

fi,864,178

fi,1fi9,346

8,182,797

8,380,857

Total assets

8,674,595

7,762,293

8,872,045

7,878,882

EQUITY AND LIABILITIES

Capital and reserves

1,803,400

1,803,400

Stated capital

l,803,400

1,803,400

l,803,400

1,803,400

15,780

142,986

Reserve on equity investments at FVOCI

l5,780

16,640

l4fi,98&

113,845

3,219,803

3,431,195

Retained earnings

3,30fi,&l4

3,120,104

3,507,&0fi

3,289,148

5,038,983

5,377,581

Equity attributable to equity holders of the parent

5,1fi1,794

4,940,144

5,453,988

5,fi06,393

14,993

-

Non-controlling interests

l5,300 17,020

-

-

5,053,976

5,377,581

Total equity

5,137,094 4,957,164

5,453,988

5,fi06,393

Non-current liabilities

64,313

64,313

Borrowings

5l,45l

102,900

5l,45l

102,900

429,408

429,408

Lease liability

470,9fifi

441,206

470,9fifi

441,206

840,176

831,393

Retirement benefit obligation

804,793

870,028

79&,3ll

862,398

95,989

95,989

Deferred capital grants

94,3&fi

100,864

94,3&fi

100,864

599,493

504,641

Deferred tax liability

597,8&5 516,893

504,&4l

416,392

fi,0fi9,379

1,9fi5,744

Total non-current liabilities

fi,019,393 fi,031,891

1,917,687

1,9fi3,760

Current liabilities

51,449

51,449

Borrowings

5l,449 53,494

5l,449

53,494

4,487

4,487

Lease liability

3,5l8 4,046

3,5l8

4,046

809,932

808,248

Trade and other payables

758,l0fi 593,885

755,fi54

590,120

123,464

103,238

Current income tax liability

ll7,fi87 121,813

l0fi,397

101,069

110,110

110,110

Bank overdrafis

587,75f i -

587,75fi

-

1,099,44fi

1,077,53fi

Total current liabilities

1,518,108 773,fi38

1,500,370

748,7fi9

3,1fi8,8fi1

3,003,fi76

Total liabilities

3,537,501 fi,805,1fi9

3,418,057

fi,67fi,489

8,182,797

8,380,857

Total equity and liabilities

8,674,595 7,762,293

8,872,045

7,878,882

21.29

22.72

Net assets per share (LKR)

fil.&4 20.87

fi3.04

22.00

The Statements of Financial Position as at 30 June 2025 and the Statements of Profit or Loss, Statements of comprehensive Income,the Statements of Changes in Equity and Cash Flow Statements for the Three months then ended are drawn up from the unaudited Financial Statements of the company and its subsidiary and provide the information required by the Colombo Stock Exchange

I certify that the financial statements comply with the requirements of the Companies Act No.7 of 2007.



Chief Financial Officer

Managing Director/CEO

05th August 2025



The Board of Directors is responsible for the preparation and presentation of these financial statements.



Director

CONSOLIDATED STATEMENT OF CHANGES IN EQUITY

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

Attributable to equity holders of the parent

Stated capital

Reserve on equity instruments

at FVOCI

Retained earnings

Total

Non-controlling interest

Total equity



Balance at 1 April 2024

1,803,400

16,640

2,838,275

4,658,315

16,082

4,674,397

Profit for the period

-

-

281,829

281,829

938

282,767

Transactions with owners in their capacity as owners:

Dividend

-

-

-

-

-

-

Balance at 30 June 2024

1,803,400

16,640

3,120,104

4,940,144

17,020

4,957,164

Recognized the NCI from business acquisition

-

-

-

-

-

-

Profit for the period

-

-

435,010

435,010

1,073

436,083

Other comprehensive income

-

(860)

(98,644)

(99,504)

3

(99,501)

Total comprehensive income for the period

-

(860)

336,366

335,506

1,076

336,582

Transactions with owners in their capacity as owners:

Dividend

-

-

(236,667)

(236,667)

(3,103)

(239,770)

-

-

(fi36,667)

(fi36,667)

(3,103)

(fi39,770)

Balance at 31 March 2025

1,803,400

15,780

3,219,803

5,038,983

14,993

5,053,976

Balance at 1 April 2025

1,803,400

15,780

3,219,803

5,038,983

14,993

5,053,976

Profit for the period

-

-

82,811

82,811

307

83,118

Other comprehensive income

-

-

-

-

-

-

Total comprehensive income for the period

-

-

82,811

82,811

307

83,118

Transactions with owners in their capacity as owners:

Dividend

-

-

-

-

-

-

-

-

-

-

-

-

Balance as at 30 June 2025

1,803,400

15,780

3,302,614

5,121,794

15,300

5,137,094

COMPANY STATEMENT OF CHANGES IN EQUITY

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions



Stated capital

Reserve on equity instruments at

FVOCI

Retained earnings

Total equity

Balance at 1 April 2024

1,803,400

113,845

3,026,904

4,944,149

Profit for the period

-

-

262,244

262,244

Other comprehensive income

-

-

-

-

Total comprehensive income for the period

-

-

262,244

262,244

Transactions with owners in their capacity as owners:

Dividend

-

-

-

-

-

-

-

-

Balance at 30 June 2024

1,803,400

113,845

3,289,148

5,206,393

Profit for the period

-

-

477,415

477,415

Other comprehensive income

-

29,141

(98,701)

(69,560)

Total comprehensive income for the period

-

29,141

378,714

407,855

Transactions with owners in their capacity as owners:

Dividend

-

-

(236,667)

(236,667)

-

-

(236,667)

(236,667)

Balance at 31 March 2025

1,803,400

142,986

3,431,195

5,377,581

Balance at 1 April 2025

1,803,400

142,986

3,431,195

5,377,581

Profit for the period

-

-

76,407

76,407

Other comprehensive income

-

-

-

-

Total comprehensive income for the period

-

-

76,407

76,407

Transactions with owners in their capacity as owners:

Dividend

-

-

-

-

-

-

-

-

Balance as at 30 June fi0fi5

1,803,400

14fi,986

3,507,60fi

5,453,988

STATEMENT OF CASH FLOWS

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

Group

Company



Group

Company



Audited Year Ended

31.03.2025

31.03.2025

Unaudited 03 months ended

30.06.2025

30.06.2024

30.06.2025

30.06.2024

CASH FLOWS FROM OPERATING ACTIVITIES

1,045,269

1,037,490

Profit before tax

l0l,4fi7

381,611

9l,&&7

352,279

Adjusments for :

178,323

154,072

Depreciation charge

49,395

41,328

43,fi49

35,163

(9,364)

(9,364)

Profit on sale of property, plant and equipment

(8,0l0)

-

(8,0l0)

-

(11,341)

(11,341)

Profit on sale of trees

(5,fi3fi)

93

(5,fi3fi)

93

(41,607)

(41,607)

Timber fair valuation gain

-

-

-

-

(10,286)

(10,286)

Biological assets-produce crop valuation loss

-

-

-

-

161,205

159,877

Provision for retirement benefit obligations

l9,4l0

16,987

l9,309

16,896

21,096

21,096

Amortisation of leasehold right to assets

5,5&8

5,435

5,5&8

5,435

(6,501)

(6,501)

Amortisation of capital grants

(l,&fi7)

(1,626)

(l,&fi7)

(1,626)

(4,895)

(59,974)

Dividend income

-

-

-

-

(114,708)

(109,516)

Finance income

(fi8,&75)

(22,698)

(fi7,99fi)

(20,668)

29,119

29,119

Finance expenses

l4,84fi

6,359

l4,84fi

6,359

100,139

100,139

Government and other lease Interest

fi7,fifi8

25,999

fi7,fifi8

26,001

1,336,449

1,253,204

Profit before working capital changes

174,326

453,488

159,002

419,932

Changes in working capital

23,736

23,736

- Inventories

(305,49&)

(215,023)

(305,l57)

(215,023)

32,349

35,150

- Trade and other receivables

(fi49,79l)

(72,880)

(fi35,l90)

(60,519)

151,472

151,345

- Trade and other payables

(5l,837)

(64,570)

(5fi,993)

(66,782)

1,544,006

1,463,435

Cash generated from operations

(432,798)

101,015

(434,338)

77,608

Cash flows from operating activities

(29,067)

(29,067)

Finance expenses paid

(l4,84fi)

(6,326)

(l4,84fi)

(6,326)

(123,104)

(92,108)

Payment of income tax

(fi&,l04)

(22,056)

(l&,l0l)

(17,031)

(346,078)

(346,078)

Retirement benefit obligations paid

(54,794)

(31,090)

(54,39l)

(31,090)

42,906

37,711

Interest received

l3,55fi

9,366

lfi,870

7,335

1,088,663

1,033,893

Net cash generated from operating activities

(514,986)

50,909

(506,802)

30,496

Cash flows from investing activities

(248,228)

(248,228)

Additions to bearer plants

(74,3&&)

(51,395)

(74,3&&)

(51,395)

(8,367)

(8,367)

Additions and transfer to consumable biological assets

(4&9)

(1,796)

(4&9)

(1,796)

(90,138)

(89,976)

Additions to property, plant and equipment

(30,&fi&)

(30,674)

(fi5,04l)

(30,674)

9,364

9,364

Proceeds from sale of property, plant and equipment

8,0l0

-

8,0l0

-

11,341

11,341

Proceeds from sale of consumable biological assets

5,fi3fi

(93)

5,fi3fi

(93)

4,895

59,974

Dividends received from subsidiary and associate

-

-

-

-

279,533

279,533

Proceeds from long term investments

-

-

-

-

104,685

104,685

Proceeds from the short term investments

l3fi,337

-

l3fi,337

-

(825,000)

(825,000)

Additions to the short term investments

-

-

-

-

(761,916)

(706,675)

Net cash used in investing activities

40,118

(83,958)

45,703

(83,958)

Financing activities

(236,667)

(236,667)

Dividends paid to company's shareholders

-

-

-

-

(3,103)

-

Dividends paid to non-controlling interests in subsidiary

-

-

-

-

(59,631)

(59,631)

Repayment of borrowings

(lfi,8&3)

(18,999)

(lfi,8&3)

(18,999)

(99,261)

(99,261)

Payment of government lease rentals

-

(24,813)

-

(24,813)

(6,337)

(6,337)

Payment of other lease rentals

(fi,440)

(2,632)

(fi,440)

(2,632)

(404,999)

(401,896)

Net cash generated from/(used in) financing activities

(15,303)

(46,444)

(15,303)

(46,444)

(78,251)

(74,678)

Net (decrease) / increase in cash & cash equivalent

(490,171)

(79,493)

(476,402)

(99,906)

Movement in cash and cash equivalents

504,453

447,339

At the beginning of period

4fi&,fi0l

504,453

37fi,&&l

447,339

(78,251)

(74,678)

(Decrease) / increase for the period

(490,l7l)

(79,493)

(47&,40fi)

(99,906)

426,201

372,661

At end of the period

(63,970)

424,960

(103,741)

347,433

536,311

482,771

Cash in hand and bank

5fi3,78fi

424,960

484,0ll

347,433

(110,110)

(110,110)

Bank overdrafis

(587,75fi)

-

(587,75fi)

-

426,201

372,661

At end of the period

(63,970)

424,960

(103,741)

347,433

OPERATING SEGMENT INFORMATION

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

  1. Segmental Information

    1. Segment revenue

      Group

      Company



      Unaudited 03 months ended

      Unaudited 03 months ended

      30.06.2025

      30.06.2024

      30.06.2025

      30.06.2024

      Tea

      l,&&fi,l85

      1,649,172

      l,&&fi,l85

      1,649,172

      Hydro Power

      fi4,58l

      42,225

      -

      -

      Total

      1,686,766

      1,691,397

      1,662,185

      1,649,172

      Revenue expenditure

      Tea

      l,45fi,fi0l

      1,179,539

      l,45fi,fi0l

      1,179,541

      Hydro Power

      4,7fi5

      5,632

      -

      -

      Total

      1,456,926

      1,185,171

      1,452,201

      1,179,541

      Depreciation

      Tea

      43,fi49

      35,163

      43,fi49

      35,163

      Hydro Power

      &,l4&

      6,102

      -

      -

      Total

      49,395

      41,265

      43,249

      35,163

      Other non cash expenditure

      Tea

      l9,309

      16,896

      l9,309

      16,896

      Hydro Power

      l,3fi8

      59

      Total

      20,637

      16,955

      19,309

      16,896

      Segment Results

      Tea

      l47,4fi&

      417,574

      l47,4fi&

      417,572

      Hydro Power

      lfi,38fi

      30,432

      -

      -

      Total

      159,808

      448,006

      147,426

      417,572

      Other income

      34,70&

      18,086

      34,70&

      17,886

      Administrative expenses

      (79,&9fi)

      (74,821)

      (7&,387)

      (71,487)

      Finance income

      fi8,&75

      22,698

      fi7,99fi

      20,668

      Finance expenses

      (l4,84fi)

      (6,359)

      (l4,84fi)

      (6,359)

      Interest paid to government and other on lease

      (fi7,fifi8)

      (25,999)

      (fi7,fifi8)

      (26,001)

      Profit before income tax

      101,427

      381,611

      91,667

      352,279

      OPERATING SEGMENT INFORMATION

      All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

    2. Segment Assets

Group

Company



Unaudited 03 months ended Unaudited 03 months ended

30.06.2025

30.06.2024

30.06.2025

30.06.2024

Non Current Assets

Tea

3,lfi0,788

2,934,927

3,70&,95fi

3,497,268

Hydro Power

3fi5,fi05

349,867

-

-

Biological Assets

fi,300,9l5

2,252,268

fi,300,9l5

2,252,268

5,746,908

5,537,062

6,007,867

5,749,536

Current Assets

Tea

fi,8&4,l78

2,162,120

fi,8&4,l78

2,129,346

Hydro Power

&3,509

63,111

-

-

fi,9fi7,687

fi,fifi5,fi31

fi,864,178

fi,1fi9,346

Total Assets

8,674,595

7,762,293

8,872,045

7,878,882

c) Segment Liabilities

Non Current Liabilities and Deferred Income

Tea

l,9l7,&5&

1,921,996

l,9l7,&87

1,923,760

Hydro Power

l0l,737

109,895

-

-

2,019,393

2,031,891

1,917,687

1,923,760

Current Liabilities

Tea

l,500,373

756,545

l,500,370

748,729

Hydro Power

l7,735

16,693

-

-

1,518,108

773,fi38

1,500,370

748,7fi9

Total Liabilities

3,537,501

2,805,129

3,418,057

2,672,489

2. Stated Capital

Issued and fully paid

236,666,670 ordinary shares and 1 golden share.

Which has special Rightsheld by the Secretary to Treasury

l,803,400

1,803,400

l,803,400

1,803,400

NOTES TO THE CONDENSED CONSOLIDATED INTERIM FINANCIAL STATMENTS

All values are in LKR' 000s, unless otherwise stated Figures in brackets indicate deductions

  1. Corporate information

    Hatton Plantations PLC (the Company) is a public limited liability company incorporated and domiciled in Sri Lanka. It is listed

    on the Colombo Stock Exchange. The registered office of the Company is located at No 168, Negombo Road, Peliyagoda. The principal activities of the Company and and its subsidiaries (together 'the Group') during the period continued to be cultivation, manufacture and sales of orthodox and CTC tea and generation and supply electricity.

  2. Approval of consolidated financial statements

    The Consolidated Interim Financial Statements of the Company and the Group for the Three months ended 30th June 2025 were authorized for issue by the Board of Directors on 5th August 2025.

  3. Basis of preparation

    The condensed interim financial statements for the Three months ended 30th June 2025 of the Company and the Group have been prepared in accordance with Sri Lanka Accounting Standard(SLFRS/LKAS) and in compliance with the requirements of the Sri Lanka Accounting Standard - LKAS 34 on 'Interim Financial Reporting.

    Further, provisions of the Companies Act No.7 of 2007 have been considered in preparing these consolidated Interim Financial Statements of the Company/Group.They also comply with the accounting policies and methods set out in the Annual Report for the year ended 31st March 2025.

    The presentation and classification of the Interim Financial Statements of the previous year have been amended, where relevant, for better presentation and to be comparable with those of the current year.

  4. Net assets per share

    Net assets per share have been calculated, based on the number of shares issued as per the consolidated statement of financial position as at 30th June 2025.

  5. Effect of changes in composition of the Group

    The Company acquired 95.43.% of the shareholding of Mark Marine Services (Private) Limited, on 30th September 2021 and prepared consolodated interim financial statement as at 30th June 2025 based on the financial statement of Mark Marine Services (Private) Limited as at 30th June 2025.

  6. No circumstances have arisen since the Statement of Financial Position date, which would require adjustments to the Consolidated Interim Financial Statements. .

  7. There has not been any significant changes in the nature of the contingent liabilities which were disclosed in the Annual Report for the period ended 31.03.2025

  1. Fair value of equity investments,fair valuation of consumables biological assets - Timber and produce crops on bearer plants have been carried out and accounted at the end of financial period on 31st March 2025.

    1. The fair value changes on equity investments in level 3 category was properly recorded in the statement of other comprehensive income and there were no purchases and/or disposals during the period.There were no transfers between levels 1 and 2 for recurring fair value measurements during the period.

    2. Fair valuation of consumables biological assets - Timber and biological assets produce crops on bearer plants have been carried out and accounted at the end of financial period on 31st March 2025 and not carried out during the Interim Financial period.

  2. Actuarial valuation of post-employment benefits have been carried out and accounted at the end of financial period on 31st March 2025 and not carried out during the Interim Financial period.

  3. All amounts expressed are in Sri Lankan Rupees (LKR.) thousands unless otherwise stated.

  4. The Interim Financial Statements are not audited.

SHARE TRADING INFORMATION
  1. Directors' shareholdings

    The shares held by the Directors of the Company are as follows:

    As at 30.06.2025 As at 31.03.2025



    Mr. Gary Seaton Nil Nil

    Mr. Menaka Athukorala Nil Nil

    Mr. Gowri Shankar Nil Nil

    Mr. Hiro Bhojwani Nil Nil

    Mr. Indrajith Fernando Nil Nil

    Mr. Mayura Fernando Nil Nil

    Mr. Damascene Perera 200,100 200,100

    Mr. Lucille Wijewardena Nil Nil

    Mr. Aravinda De Silva Nil Nil

  2. Twenty (20) largest shareholders

30 June 2025

31 March 2025



No of Shares held

% of the holding

No of Shares held

% of the holding

01

Lotus Renewable Energy (Private) Limited

l79,034,370

75.&5

179,034,370

75.65

02

Regency Teas (Pvt) Ltd

fi9,0&5,9fi3

lfi.fi8

29,065,923

12.28

03

Mr. K.C. Vignarajah

l,798,5l3

0.7&

1,798,513

0.76

04

Deutsche Bank Ag Singapore A/C 2

805,fil&

0.34

805,216

0.34

05

Mrs. N. Muljie

55fi,900

0.fi3

552,900

0.23

06

Mr. M.I. Abdul Hameed

350,000

0.l5

350,000

0.15

07

Mr. G .H.S.Kumara

300,l04

0.l3

283,896

0.12

08

Union Investments Private Ltd

fi&fi,000

0.ll

262,000

0.11

09

Mr. H.D.A.D. Perera

fi00,l00

0.08

200,100

0.08

10

Mr. B.L.S.Peiris

fi00,000

0.08

200,000

0.08

11

C M Holdings PLC

l70,000

0.07

170,000

0.08

12

Corporate Druids Private Ltd

l&7,775

0.07

-

-

13

Mr. M.M. Hashim

l5l,900

0.0&

151,900

0.06

14

Mr. D.W.G. Ponweera

l35,fi59

0.0&

135,259

0.06

15

Mr.M.Laffir

l30,873

0.0&

130,873

0.06

16

Mr.H A R Peiris

l30,000

0.05

130,000

0.05

17

Mrs. K.G.M. Pieris

lfi5,337

0.05

125,337

0.05

18

MRS. N.H. Thilakarathna

lfi5,000

0.05

-

-

19

Mr. D.C.D.L.S.D. Perera

ll5,000

0.05

115,000

0.05

20

Mr S.A. Obeyesekere

l00,000

0.04

100,000

0.04

21

Mr .M.M. Hashim

l00,000

0.04

100,000

0.04

Sub total

fi14,0fi0,fi70

90.41

fi13,711,fi87

90.fi9

Others

fifi,646,401

9.59

fifi,955,384

9.71

Grand total

236,666,671

100.00

236,666,671

100.00

SHARE TRADING INFORMATION

03. Stated capital

Stated capital is represented by shares in issue as given below:



As at 30.06.2025

As at 31.03.2025

Ordinary Shares

fi3&,&&&,&70

236,666,670

Golden Share

l

1

Total

fi36,666,671

fi36,666,671

3.1 The Golden Share has special rights held by the Secretary to the Treasury and the Golden Shareholder has the opportunity to be a part of the Board.

04. Market price per share

03 months ended 30 June



30.06.2025

30.06.2024

Highest price recorded for the three months ending

30.00

27.00

Lowest price recorded for the three months ending

fi&.50

24.10

Last traded price on 30.06

fi8.30

24.50

05. Share trading



03 months end

30.06.2025

ed 30 June

30.06.2024

No. of transactions l,34l

789

No. of shares traded l,fi50,0l3

335,857

Value of shares traded (LKR) 35,3ll,9&0

8,508,768

Ordinary shares of Hatton Plantations PLC are trated under Diri Savi Board of the Colombo Stock Exchange.

06. Public share holdings



As at 30.06.2025



As at 30.06.2024

The percentage of shares held by the public ll.99%

11.99%

Number of shareholders representing public share holdings l&,fi90

15,898

07. Minimum Public holding requirement

Option

Float adjusted

market capitalization

Public holdling Percentage

No of public shareholders

Listing rule 7.13.1 (i) b 2 Less than LKR 1 Bn 10.00%

200

Compliance by HPL LKR 0.803 Bn 11.99%

16,290

As the float adjusted market capitalisation is below Rs. 1 billion with more than 10% public holding , Hatton Plantations PLC complies under option 2 in terms of rule 7.13.1 (i) (b) (for Diri Savi Board companies) of the Listing Rules of the Colombo Stock Exchange.

CORPORATE INFORMATION

Name of the Company

Hatton Plantations PLC

Legal form

Companies Act No. 07 of 2007 and listed on the Colombo Stock Exchange

Date of incorporation

14 September 2017

Company Registration No

PB 5414 PQ

Financial Period

31 March

Principal Lines of Business

Cultivation, manufacture and sale of orthodox and CTC tea.

Stock Exchange Listing

The oridinary shares of the Company are listed with the Colombo Stock Exchange of Sri Lanka.

Stock Code

HPL.N0000

Directors

Mr. Gary Seaton - Chairman

Mr. Menaka Athukorala - Managing Director / Chief Executive Officer Mr. Gowri Shankar

Mr. Hiro Bhojwani

Mr. Indrajith Fernando

Mr. Uditha Palihakkara - Resigned on 01st January 2025 Mr. Mayura Fernando - Appointed on 01st January 2025 Mr. Damascene Perera

Mr. Lucille Wijewardena

Mr. Aravinda De Silva - Appointed on 16th January 2025

Secretaries

Corporate Advisory Services (Private) Limited. 47, Alexandra Place, Colombo 7, Sri Lanka

Tel. 011 2695782

Subsidiary

Mark Marine Services (Pvt) Ltd

Subsidiary Registered Office

No 168, 02nd Floor Negombo Road, Peliyagoda, Sri Lanka

Registrars

S S P Corporate Services (Private) Limited. 101, Inner Flower Road, Colombo 03

Tel 011 2576871

Auditors

Deloitte Partners (Chartered Accountants)

100, Braybrooke Place,

Colombo 02.

The name of "Pricewaterhousecoopers"has been changed to "Deloitte Partners" with effect from 28th October 2023.

Tax Consultants

KPMG (Chartered Accountants)

No. 32A, Sri Mohamed Macan Markar Mw., Colombo 03.

Bankers

Nations Trust Bank PLC State Bank of India Hatton National Bank PLC

Commercial Bank of Ceylon PLC Seylan Bank PLC

Peoples Bank PLC DFCC Bank PLC

National Development Bank PLC Sampath Bank PLC

Registered Office No 168, 02nd Floor Negombo Road Peliyagoda,

Sri Lanka

Tel: +94 114 537 700

Fax: +94 114 537 701

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