Hayleys Leisure PlcCSELK: CONN.N0000

Interim Financial Statements as at 30.06.2025

· Issued by Hayleys Leisure Plc
HAYLEYS LEISURE PLC

Interim Financial Statements

For the Period Ended

30th June 2025

.

HAYLEYS LEISURE PLC

PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH JUNE 2025

STATEMENT OF FINANCIAL POSITION

GROUP COMPANY GROUP COMPANY

Audited

Year ended

31-03-2025

Audited

Year ended

31-03-2025

Un Audited

30-06-2025

Un Audited

30-06-2024

Un Audited

30-06-2025

Un Audited

30-06-2024

Rs' 000 Rs' 000 Rs' 000 Rs' 000 Rs' 000 Rs' 000 ASSETS

4,475,992

23,470

15,040

-

-

1,237,519

-

-

4,491,032

1,260,989

NON-CURRENT ASSETS

Property, Plant & Equipment

Right of Use Assets

Investments in Subsidiaries

Other Non-Current Financial Assets

4,461,860

4,480,963

13,920

24,879

-

-

-

265,877

4,475,780

4,771,719

22,921

23,064

-

-

1,237,519

1,237,519

-

265,877

1,260,440

1,526,460

CURRENT ASSETS

89,763

-

1,105,337

2,006,575

71,539

6,658

2,220

2,220

4,142

-

2,705

2,705

110,547

10,962

1,386,253

2,029,120

Inventories

Trade and Other Receivables

Advance and Prepayment

Other Current Financial Assets

Tax Recoverable

Short Term Deposits

Cash & Cash Equivalents

86,997

94,113

1,006,587

617,672

80,002

84,891

2,660

2,218

4,070

4,140

2,755

2,534

129,483

141,741

1,312,554

947,309

-

-

2,179,462

1,205,965

9,057

8,812

2,660

2,218

-

-

2,755

2,534

13,692

17,900

2,207,626

1,237,429

5,877,285 3,290,109 TOTAL ASSETS 5,788,334 5,719,028 3,468,066 2,763,889

909,371

909,371

469,694

-

122,738

135,832

1,501,803

1,045,203

(167,280)

-

1,334,523

1,045,203

909,371 909,371

469,694 469,694

74,191 (178,321)

1,453,256 1,200,744

(172,317) (181,075)

1,280,939 1,019,669

909,371

909,371

-

-

102,542

99,406

1,011,913

1,008,777

-

-

1,011,913

1,008,777

EQUITY AND LIABILITIES

CAPITAL AND RESERVES

Stated Capital

Revaluation Reserves

Retained Earnings

Non-Controlling Interest

Total Equity

NON-CURRENT LIABILITIES

1,031,608

-

836,594

825,049

373,488

-

77,028

8,490

2,318,718

833,539

Interest Bearing Borrowings

Trade and Other Payables

Deferred Tax Liabilities

Retirement Benefit Obligations

1,014,750

1,537,099

942,632

-

377,109

280,207

79,633

65,016

2,414,124

1,882,322

-

-

931,088

-

-

-

8,615

7,193

939,703

7,193

CURRENT LIABILITIES

Interest Bearing Borrowings

Trade and Other Payables

Other Current Non-Financial Liabilities

Bank Overdraft

453,032

-

906,641

1,071,798

175,377

47,350

688,994

292,219

2,224,044

1,411,367

5,877,285

3,290,109

349,270

399,595

937,811

1,645,452

137,767

112,470

668,423

659,519

2,093,271

2,817,037

5,788,334

5,719,028

-

-

1,177,398

1,395,594

45,102

55,759

293,950

296,565

1,516,450

1,747,919

3,468,066

2,763,889

TOTAL EQUITY AND LIABILITIES

13.91 9.68 Net Assets Value per Share (Rs.) 13.46 11.12 9.37 9.34

I certify that these Financial Statements are in compliance with the requirements of the Companies Act No. 7 of 2007.

Sgd.

Piyal Senadeera

Head of Finance

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

Signed for and on behalf of the Board of Directors;

Sgd.

A.M. Pandithage

Chairman

Sgd.

R. J. Karunarajah

Managing Director

29 July 2025

Colombo

HAYLEYS LEISURE PLC

(143,708)

-

(11,297)

-

(155,005)

PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH JUNE 2025 CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME

Audited

Year ended

31-03-2025

Rs' 000

Period ended

30th June

Un Audited

Un Audited

2025

2024

Rs '000

Rs '000

Change

%

3,332,079

Revenue From Contract With Customers

726,975

622,199

17

(1,242,650)

Cost of Sales

(294,402)

(282,573)

4

2,089,429

GROSS PROFIT

432,573

339,626

27

81,028

Other Income

9,065

12,895

(30)

(65,441)

Selling and Marketing Expenses

(17,773)

(13,293)

34

(1,634,247)

Administrative Expenses

(427,357)

(399,113)

7

(231,706)

Finance Cost

(48,234)

(75,707)

(36)

38,307

Finance Income

1,836

5,011

(63)

277,370

PROFIT/ (LOSS) BEFORE TAX

(49,890)

(130,581)

(62)

(117,858)

Tax Expenses

(3,694)

(24,424)

(85)

159,512

PROFIT/ (LOSS) AFTER TAX

(53,584)

(155,005)

(65)

(613)

OTHER COMPREHENSIVE INCOME/(EXPENSE)

Actuarial Loss on defined benefit plan

-

-

184

Deferred Tax impact on Actuarial Loss

-

-

(429)

Other Comprehensive Income/(Expense) for the pe

-

-

-

159,083

Total Comprehensive Income/(Expense) for the per

(53,584)

(155,005)

(65)

Profit/ (Loss) for the Period Attributable to:

156,840

Equity holders of the Parent

(48,547)

(143,708)

(66)

2,672

Non-Controlling Interest

(5,037)

(11,297)

(55)

159,512

(53,584)

(155,005)

(65)

Total Comprehensive income/(expense) Attributable to:

156,585

Equity holders of the Parent

(48,547)

(66)

2,498

Non-Controlling Interest

(5,037)

(55)

159,083

(53,584)

(65)

1.45

Profit/ (Loss) per Share (Rs.)

(0.45)

(1.33)

HAYLEYS LEISURE PLC

PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH JUNE 2025 COMPANY STATEMENT OF PROFIT OR LOSS AND COMPREHENSIVE INCOME

Audited

Year ended

31.03.2025

Rs' 000

Period ended

30th June

Un Audited

Un Audited

2025

2024

Rs '000

Rs '000

Change

%

467,135

Revenue From Contract With Customers

98,698

89,022

11

-

Cost of Sales

-

-

467,135

GROSS PROFIT

98,698

89,022

11

9,679

Other Income

120

120

0

(22)

Selling and Marketing Expenses

(343)

(19)

>100

(447,887)

Administrative Expenses

(126,343)

(116,290)

9

(31,179)

Finance Cost

(6,256)

(8,712)

(28)

4,589

Finance Income

834

2,909

(71)

2,315

-

PROFIT/ (LOSS) BEFORE TAX

Tax Expenses

(33,290)

-

(32,970)

-

1

-

2,315

PROFIT/ (LOSS) AFTER TAX

(33,290)

(32,970)

1

OTHER COMPREHENSIVE INCOME/(EXPENSE)

-

-

-

-

-

(33,290)

(32,970)

1

376 Actuarial Gain/(loss) on defined benefit plan

376 Other Comprehensive Income/(Expense) for the period, Net of Tax

2,691 Total Comprehensive Expense for the period, Net of Tax

0.02 Profit/(Loss) per Share (Rs.) (0.31) (0.31)

HAYLEYS LEISURE PLC

PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH JUNE 2025

STATEMENT OF CHANGES IN EQUITY

CONSOLIDATED

Stated

Capital

Revaluation

Reserve

Retained

Earnings

Non-Controlling

Interest

Total

Equity

Total

Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000 Rs.'000

Balance as of 01 Apr 2024

909,371

469,694 (34,613) 1,344,452 (169,778) 1,174,674

Loss for the Period - - (143,708) (143,708) (11,297) (155,005)

Balance as of 30 Jun 2024

909,371 469,694 (178,321) 1,200,744 (181,075) 1,019,669

Balance as of 01 Apr 2025

909,371

469,694 122,738 1,501,803 (167,280) 1,334,523

Loss for the Period - - (48,547) (48,547) (5,037) (53,584)

Balance as of 30 Jun 2025

909,371 469,694 74,191 1,453,256 (172,317) 1,280,939

COMPANY

Stated

Capital

Revaluation

Reserve

Retained

Earnings

Total

Rs.'000 Rs.'000 Rs.'000 Rs.'000

Balance as of 01 Apr 2024

909,371

-

132,376

1,041,747

Loss for the Period

-

-

(32,970)

(32,970)

Balance as of 30 Jun 2024

909,371 - 99,406 1,008,777

Balance as of 01 Apr 2025

909,371

-

135,832

1,045,203

Loss for the Period

-

-

(33,290)

(33,290)

Balance as of 30 Jun 2025

909,371 - 102,542 1,011,913

HAYLEYS LEISURE PLC

PROVISIONAL FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30TH JUNE 2025

CASH FLOW STATEMENT

GROUP COMPANY GROUP COMPANY

Audited

Year ended

31-03-2025

Rs' 000

Audited

Year ended

31-03-2025

Rs' 000

Un Audited

2025

Rs.'000

Un Audited

2024

Rs.'000

Un Audited

2025

Rs.'000

Un Audited

2024

Rs.'000

Cash Flows From / (Used in) Operating Activities

277,370 2,315 Loss before Tax (49,890) (130,581) (33,290) (32,970)

191,122

9,042

(139)

5,630

(3,203)

(9,227)

(1)

(38,168)

231,705

3,750

18,733

(5,496)

681,118

7,876

-

(139)

-

-

-

(1)

(4,451)

31,179

1,085

3,104

-

40,968

Adjustments for

Depreciation

Amortization of right to use Assets

Provision / (Reversal) of fall in value of investment

Disposal of Property, Plant and Equipment

Impairment of trade and other receivables

Creditors/ Advances received written back

Dividend Income

Finance Income

Finance Cost

Net Effect on Exchange Gain/(loss)

Provision for Defined Benefit Obligation

Effect of Exchange rate changes on Bank Loans

Operating Profit/(Loss) before Working Capital Changes

52,513

47,373

1,936

2,519

(439)

(137)

(542) 350

554

(307)

(6) -

-

-

(1,397)

(1,152)

48,234

64,263

(3,277)

(2,380)

3,758

4,136

3,684

10,101

55,128

(5,815)

1,828

-

(439)

-

-

-

-

(394)

6,256

(56)

776

-

(25,319)

2,840

-

(137)

-

-

-

-

(2,636)

8,712

2,275

569

-

(21,347)

9,733

(129,154)

(9,212)

128,425

57,458

738,368

-

(696,225)

(5,242)

684,388

12,123

36,012

(Increase)/ Decrease in Inventories

2,766

5,382

-

-

(Increase)/ Decrease in Trade and Other Receivables

97,757

88,956

(173,326)

(161,491)

(Increase)/Decrease in Advance and Prepayment

(8,465)

(22,565)

(2,401)

(7,396)

Increase /(Decrease) in Trade and Other Payables

137,218

17,809

211,640

182,374

Increase/(Decrease) in Other Current Non-Financial Liabilities

(37,610)

(5,449)

(2,248)

20,532

Cash Generated from Operations

246,794

78,318

8,346

12,672

(201,267)

(4,898)

(784)

531,419

(29,588)

(1,447)

-

4,977

Finance Cost paid

Defined Benefit Obligation paid

Release in Gratuity due to Employee Transfer

Net Cash flows From/(used in) Operating Activities

(44,476)

(64,263)

(6,193)

(8,712)

(1,154)

(1,701)

(651)

(585)

-

-

-

-

201,164

12,354

1,502

3,375

(161,678)

1

4,119

29

(157,529)

(5,742)

1

1,914

-

(3,827)

Cash Flows from / (Used in) Investing Activities

Acquisition of Property, Plant & Equipment

Dividend Received

Finance Income Received

Proceeds from Disposal of Property, Plant and Equipment

Net Cash Flows from/(Used in) Investing Activities

(38,381)

(15,574)

-

-

1,355

1,152

542

-

(36,484)

(14,422)

(1,279)

-

826

-

(453)

(301)

-

497

-

196

(539,453)

(15,070)

(554,523)

-

-

-

Cash Flows from (Used in) Financing Activities

Repayment of loans

Principal Payment under Finance Lease Liabilities

Net Cash Flows Used in Financing Activities

(124,370) (116,081)

(753) (1,985)

(125,123) (118,066)

-

-

-

-

-

-

(180,633)

(395,109)

(575,742)

1,150

(279,702)

(278,552)

Net Increase/(Decrease) in Cash and Cash Equivalents

Cash and Cash Equivalents at the beginning of the year

Cash and Cash Equivalents at the end of the Period

39,557

(120,134)

(575,742)

(395,110)

(536,185)

(515,244)

1,049

(278,552)

(277,503)

3,571

(279,702)

(276,131)

For the purpose of the cash flow statement, the Period end cash and cash equivalents comprise of the following:

2,705

2,705

110,547

10,962

(688,994)

(292,219)

(575,742)

(278,552)

Bank Deposits

2,755

2,534

2,755

2,534

Cash at Bank & In Hand

129,483

141,741

13,692

17,900

Bank Overdraft

(668,423)

(659,519)

(293,950)

(296,565)

(536,185)

(515,244)

(277,503)

(276,131)

HAYLEYS LEISURE PLC

SHARE INFORMATION

  1. Share Trading Information for the quarter ended 30 June;

    2025

    Rs.

    2024

    Rs.

    Highest Price

    33.10

    16 May 2025

    22.80

    16 May 2024

    Lowest Price

    24.60

    07 Apr 2025

    19.80

    04 Apr 2024

    Last Traded Price

    32.00

    30 Jun 2025

    20.30

    No: of Transactions

    2,880

    1,432

    No: of Shares Traded

    6,610,813

    3,189,952

    Value of Shares Traded

    (Rs:)

    198,863,070

    66,681,347

    Name of Shareholder

    Number of Shares

    as at 30 Jun 2025

    % of issued

    capital

    Hayleys Plc

    46,690,587

    43.24

    Dean Foster (Pvt) Limited

    23,049,088

    21.34

    Employee'S Provident Fund

    10,388,284

    9.62

    Miss Sharmila Shashi Prabah Kandambi

    1,942,217

    1.80

    Mercantile Investments And Finance Plc

    1,933,440

    1.79

    Toyo Cushion Lanka (Pvt) Ltd

    1,835,420

    1.70

    Associated Electrical Corporation Ltd

    1,497,732

    1.39

    Volanka Exports Limited

    1,445,358

    1.34

    Industrial Asphalts (Ceylon) Plc

    1,174,505

    1.09

    Mr. Kulappuarachchige Don Dammika Perera

    1,006,422

    0.93

    People'S Leasing & Finance Plc/C.D.Kohombanwickramage

    953,766

    0.88

    Mr. Prakash Rajaratnam

    830,000

    0.77

    Mr. Shiran Harsha Amarasekera

    727,830

    0.67

    Bank Of Ceylon No. 1 Account

    686,139

    0.64

    Mr. Govindasami Ramanan

    553,568

    0.51

    Deutsche Bank Ag-National Equity Fund

    452,211

    0.42

    Seylan Bank Plc/A.C.Senanka

    403,196

    0.37

    Dfcc Bank Plc/Maskeliya Tea Exports (Pvt) Ltd

    328,403

    0.30

    Mr. Derek Joseph De Silva Wijeyeratne

    320,088

    0.30

    Mr. Hitbandara Atapattu Mudiyanselage Premaratne Algama

    314,504

    0.29

    Sub Total

    96,532,758

    89.39

    Others

    11,457,200

    10.61

    Total

    107,989,958

    100.00

  2. Top Twenty Shareholders

    1

    2

    3

    4

    5

    6

    7

    8

    9

    10

    11

    12

    13

    14

    15

    16

    17

    18

    19

    20

    Percentage of Public Holding

    31.45%

    Total No. of Shareholders Represent in Public Holding

    2,663

    Float Adjusted Market Capitalization as at 30 Jun 2025

    1,083,422,348

    The Company complies with option 5 of the Listing Rules 7.13.1 (i) (a) - 20% minimum Public Holding is required if the Company has less than Rs. 2.5 Bn. Float Adjusted Market Capitalization.

  3. Directors' shareholding

Name of Director

No. of shares

as at 30 Jun 2025

Mr.A.M.Pandithage

Nil

Mr. R.J. Karunarajah

Nil

Ms.R.N.Ponnambalam

Nil

Ms.W.D.De Costa

Nil

Mr. S. C. Ganegoda

Nil

Mr. D. T. R. De Silva

Nil

Ms. K.A.D.B. Perera

Nil

Ms. A.A.K. Amarasinghe

Nil

Ms. H.D.K. Randiligama

Nil

Mr. T.M Hewagama (Appointed With Effect From 30.04.2025)

Nil

Total

-

HAYLEYS LEISURE PLC

NOTES TO FINANCIAL STATEMENTS

1

The Interim Consolidated Financial Statements are unaudited and have been prepared in compliance with Sri Lanka Accounting Standard LKAS 34-Interim Financial Reporting. These Interim Financial Statements should be read in conjunction with the Annual Financial Statements for the year ended 31st March

2025.

2

The accounting policies have been consistently applied by the Group and are consistent with those used in the previous year. The presentation and

classification of the financial statements of the previous periods have been amended where relevant to be comparable with those of the current year.

3

The Statement of Financial Position of the Company as at 30th June 2025 and The Statement of Profit or Loss for the three months ended are drawn up from

the unaudited accounts of the Company and provides information required as per rule 8 of the Colombo Stock Exchange.

4

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

5

We confirm that there are no material contingent liabilities or contingent assets which require disclosure in the Interim Financial Statements for the period of

ended 30th June 2025.

6

The Stated Capital as at 30th June 2025 is Rs.909,370,708/- (31st March 2024 - Rs. 909,370,708/-) comprising 107,989,958 fully paid Ordinary shares (30th

June 2024 - 107,989,958).

HAYLEYS LEISURE PLC

CORPORATE INFORMATION

NAME OF COMPANY

Hayleys Leisure PLC

COMPANY REGISTRATION NO

PQ 145

LEGAL FORM

Public Quoted Company with limited liability originally incorporated in Sri Lanka as a Private Company

and later converted to a Public Company.

REGISTERED OFFICE

Level 27, East Tower , World Trade Center

Echelon Square, Colombo - 01

Telephone

011 - 4767800

Website

https://www.amayaresorts.com

BOARD OF DIRECTORS

Mr. A. M. Pandithage (Chairman)

Mr. R. J. Karunarajah (Managing Director)

Ms. W. D. De Costa

Mr. S. C. Ganegoda

Mr. D. T. R. De Silva

Ms. D. B. Perera

Ms. A. A. K. Amarasinghe

Ms. H. D. K. Randiligama

Mr. T. M Hewagama (Appointed With Effect From 30.04.2025)

AUDIT COMMITTEE

Mr. D. T. R De Silva (Chairman)

Ms. W. D. De Costa

Ms. H. D. K. Randiligama

REMUNERATION COMMITTEE

Mr. D. T. R De Silva (Chairman)

Mr. S. C. Ganegoda

Ms. H. D. K. Randiligama

NOMINATIONS AND GOVERNANCE COMMITTEE

Mr. D. T. R De Silva (Chairman)

Mr. S. C. Ganegoda

Ms. H. D. K. Randiligama

RELATED PARTY TRANSACTIONS REVIEW COMMITTEE

Mr. D. T. R De Silva (Chairman)

Mr. S. C. Ganegoda

Ms. H. D. K. Randiligama

SUBSIDIARY COMPANIES

UNQUOTED

Culture Club Resorts (Private) Limited.

Kandyan Resorts (Private) Limited.

Sun Tan Beach Resorts Limited.

Hayleys Holidays (Private) Limited.

CDC Convention (Private) Limited.

Hayleys Hotel Management Services (Private) Limited.

SECRETARIES

Hayleys Group Services (Private) Limited

No. 400, Deans Road Colombo 10, Sri Lanka

AUDITORS

Ernst & Young

Chartered Accountants

Rotunda Towers

No. 109, Galle Road Colombo 03, Sri Lanka

BANKERS

Hatton National Bank PLC

Commercial Bank of Ceylon PLC

Pan Asia Bank PLC

Nations Trust Bank PLC

DFCC Bank PLC

Seylan Bank PLC

Bank of Ceylon

Sampath Bank PLC

INVESTOR RELATIONS

Please contact Sector Chief Financial Officer : Mr. Piyal Senadeera

+94 77 108 7703

piyal.s@hayleysleisure.com

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