Interim Financial Statements as at 30/09/2025

‌Company Registration PQ 203

No:48, Janadhipathi Mawatha

Colombo-01

‌THE KINGSBURY PLC

Statement of Financial Position

(All amounts in Sri Lanka Rupees thousands)

Unaudited

Unaudited

Audited

As at 30.09.2025

As at 30.09.2024

As at 31.03.2025

ASSETS

Non-current assets

Property Plant and Equipment

4,454,662

4,448,512

4,431,681

Intangible assets

13,172

18,432

15,742

Right-of-use asset

10,807

11,055

10,931

Total non-current assets

4,478,641

4,477,999

4,458,354

Current assets

Inventories

155,053

154,943

145,076

Trade receivables

145,427

170,012

202,747

Other receivables

968,087

813,208

983,685

Other current assets

90,349

119,603

85,626

Tax Receivable

9,310

7,494

9,310

Cash and cash equivalents

317,601

46,978

95,743

Total current assets

1,685,827

1,312,238

1,522,187

Total Assets

6,164,468

5,790,237

5,980,541

EQUITY AND LIABILITIES

Capital and reserves

Stated capital

836,000

836,000

836,000

Reserves

1,305,446

1,342,225

1,327,106

Retained earnings

(49,064)

(766,561)

(247,942)

Total Equity

2,092,382

1,411,664

1,915,164

Non- current liabilities

Interest-bearing borrowings

752,987

1,068,760

910,873

Post employment benefit obligation

139,865

127,737

128,935

Deferred tax liability

675,173

649,064

594,885

Lease liability

16,635

16,646

16,640

Other liabilities

3,600

1,600

3,600

Other payables

465,214

411,448

447,252

Total non-current liabilities

2,053,474

2,275,255

2,102,185

Current Liabilities

Trade payables

322,879

372,524

271,699

Other payables

819,110

787,743

796,466

Interest-bearing borrowings

315,773

389,993

349,493

Other current liabilities

173,897

163,555

154,912

Bank Overdraft

384,567

387,117

388,236

Lease liability

2,386

2,386

2,386

Total liabilities

4,072,086

4,378,573

4,065,377

Total equity and liabilities

6,164,468

5,790,237

5,980,541

I certify that these Financial Statements have been prepared in compliance with the requirements of the Companies

Act No 7 of 2007.

Signed

Piyal Senadeera

Chief Financial Officer

The Board of Directors is responsible for the preparation & presentation of these Financial statements.

Signed

A M Pandithage

Executive Chairman

Signed

R.J.Karunarajah

Managing Director

27th October 2025

Colombo

‌THE KINGSBURY PLC

Statement of Profit or Loss

Unaudited

Unaudited

Unaudited

Unaudited

Audited

6 Months ended

6 Months ended

Change

Quarter ended

Quarter ended

Year ended

30.09.2025

30.09.2024

%

30.09.2025

30.09.2024

31.03.2025

2,612,582

2,452,094

7

1,414,143

1,302,330

9

5,327,046

(1,327,105)

(1,319,360)

(1)

(692,197)

(672,430)

(3)

(2,771,802)

Gross profit

Other income (Note 04)

Administrative expenses

1,285,477

1,132,734

13

721,946

629,900

15

2,555,244

(11,224)

4,789

>(100)

(11,939)

1,399

>(100)

20,352

(904,157)

(914,667)

1

(468,801)

(463,162)

(1)

(1,777,934)

(49,285)

(43,535)

(13)

(29,119)

(21,521)

(35)

(92,160)

.

320,811

179,321

79

212,087

146,616

45

705,502

6,079

2,261

>100

1,952

498

>100

13,994

(69,384)

(91,906)

25

(32,070)

(45,310)

29

(179,909)

257,506

89,676

>100

181,969

101,804

79

539,587

(80,288)

(35,288)

>(100)

(55,072)

(41,404)

(33)

11,566

177,218

54,388

>100

126,897

60,400

>100

551,153

0.37

0.11

0.26

0.12

‌THE KINGSBURY PLC

Statement of Comprehensive Income

(All amounts in Sri Lanka Rupees thousands)

Unaudited

Unaudited

Audited

6 Months ended

6 Months ended

Change

Year ended

30.09.2025

30.09.2024

%

31.03.2025

Profit / (Loss) for the period

177,218

54,388

>100

551,153

Other Comprehensive Income not to be reclassified to profit or loss in subsequent periods

Deferred tax on transfers

- 6,496

100

12,978

Re-measurement loss on defined benefit plans

- -

(2,817)

Deferred tax effect on defined benefit plans

- -

845

Other Comprehensive Income for the period, net of tax

-

6,496

100

11,006

Total Comprehensive Income/(loss) for the year, net of tax

177,218

60,884

>100

562,159

‌THE KINGSBURY PLC

Statement of Changes in Equity

Stated Capital

Revaluation

Reserve

Retained Earnings

Total

836,000

1,357,389

(842,609)

1,350,780

Profit / (Loss) for the six months

-

-

54,388

54,388

Total comprehensive income

-

-

54,388

54,388

Transfer to retained earnings from Revaluation Reserves

-

(21,660)

21,660

-

Deferred tax on transfer

-

6,496

-

6,496

Balance as at 30.09.2024

836,000

1,342,225

(766,561)

1,411,664

Balance as at 01.04.2025

836,000

1,327,106

(247,942)

1,915,164

Profit / (Loss) for the six months

-

-

177,218

177,218

Total comprehensive income

-

-

177,218

177,218

Transfer to retained earnings from Revaluation Reserves

-

(21,660)

21,660

-

Balance as at 30.09.2025

836,000

1,305,446

(49,064)

2,092,382

The notes on page 6 forms an integral part of these Financial Statements.

Figures in brackets indicate deductions or losses.

‌THE KINGSBURY PLC

Statement of Cash Flows

(All amounts in Sri Lanka Rupees thousands)

Unaudited

Unaudited

Audited

6 Months ended

6 Months ended

Year ended

30.09.2025

30.09.2024

31.03.2025

Operating activities

Cash generated from operations (Note A)

634,462

174,437

593,806

Interest paid

(64,724)

(89,612)

(163,532)

Retirement benefits paid

(7,237)

(6,525)

(12,138)

Net cash generated from /(used in) operating activities

562,501

78,300

418,136

Investing activities

Purchase of property plant & equipment

(147,506)

(59,717)

(151,587)

Purchase of intangible assets

-

(612)

(762)

Proceeds from disposal of property plant & equipment

2,057

1,666

2,065

Interest received

2,644

2,261

4,731

Net cash generated from/(used in) investing activities

(142,805)

(56,402)

(145,553)

Financing activities

Payments on interest-bearing borrowings

(191,606)

(204,417)

(402,804)

Payments on lease rent - capital portion

(5)

(4)

(10)

Net cash used in financing activities

(191,611)

(204,421)

(402,814)

Effect of exchange rate changes on cash & cash equivalents

(2,558)

(3,734)

(8,379)

Net increase/(decrease) in cash and cash equivalents

225,527

(186,257)

(138,611)

Movement in cash and cash equivalents (Note B)

At the begining

(292,493)

(153,882)

(153,882)

Net increase/(decrease) in cash and cash equivalents

225,527

(186,257)

(138,611)

At end of the Period

(66,966)

(340,139)

(292,493)

Note A

Unaudited

Unaudited

Audited

6 Months ended

6 Months ended

Year ended

30.09.2025

30.09.2024

31.03.2025

Cash flows from operating activities

Profit / (Loss) before tax

257,506

89,676

Adjustments for:

Finance Expenses

64,230

88,172

Finance Income

(3,483)

(2,261)

Net Foreign exchange (gain) / loss

2,558

3,734

Depreciation on property, plant & equipment

108,422

96,128

Amortization of Rights of use Asset

124

124

Amortization of intangible assets

2,569

2,819

Post employment benefit plans

18,167

25,082

Provision for Bad & Doubtful Debts

(741)

(881)

Loss on disposal of property, plant & equipment

12,957

2,434

Operating profit before working capital changes

462,309

305,027

(Increase)/Decrease in trade and other receivables

69,763

(133,663)

(Increase)/Decrease in inventories

(9,977)

15,467

Increase/(Decrease) in trade and other payables

112,367

(12,394)

Net Cash generated from/(used in) operations

634,462

174,437

162,267

(4,731)

8,379

214,111

247

5,660

29,419

(2,309)

1,524

954,154

(300,297)

25,334

(85,386)

593,806

Note B

Analysis of cash and cash equivalents

Cash & cash equivalents

317,601

46,978

Bank Overdraft

(384,567)

(387,117)

(66,966)

(340,139)

The notes on page 6 forms an integral part of these Financial Statements.

Figures in brackets indicate deductions.

95,743

(388,236)

(292,493)

‌THE KINGSBURY PLC

Notes to the Financial Statements

1

The Interim 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 31stMarch 2025.

2

The accounting policies have been consistently applied by the Company and are consistent with those used in the financial year ended 31st

March 2025. 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 September 2025 and The Statement of Profit or Loss for the six 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.

5

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

statements.

6

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 September 2025.

No. of Shares

('000)

Stated Capital

Rs '000

As At 31st March 2025

484,000

836,000

As At 30th September 2025

484,000

836,000

4

Other income

30.09.2025

31.03.2025

(Rs.000)

(Rs.000)

(15,014)

(1,524)

3,790

21,876

(11,224)

20,352

Loss on disposal of property, plant and equipment

Sundry Income

7

Stated Capital

‌THE KINGSBURY PLC

Investor Information as at 30th September 2025

The market value of an Ordinary share recorded during the quarter

30.09.2025

30.09.2024

Highest price (Rs.)

23.50

10.90

Lowest price (Rs.)

12.10

8.90

Last Traded Price (Rs.)

22.60

10.40

Ratios

30.09.2025

30.09.2024

Basic Earnings per share (Rs.)

0.37

0.11

Net assets per share (Rs.)

4.32

2.92

Price earning ratio (Times)

61.72

92.55

Share trading information for the quarter

30.09.2025

No: of transactions

13,013

No: of shares traded

89,411,568

Value of shares traded (Rs.)

1,530,186,178

Top 20 Shareholders

Name of Shareholder

No. of Shares

%

1

Hayleys PLC No 3 Share Investment Account

174,614,114

36.08

2

Carbotels (Pvt) Limited

113,250,000

23.40

3

Employee's Provident Fund

48,165,000

9.95

4

Mr. Kulappuarachchige Don Harindra Perera

15,096,347

3.12

5

Mr. Kulappu Arachchige Don Anurada Perera

13,346,626

2.76

6

Bank Of Ceylon-No2 A/C (BOC PTF)

7,000,000

1.45

7

Mr. Kulappuarachchige Don Dhammika Perera

6,432,292

1.33

8

Renuka Hotels PLC

4,742,600

0.98

9

Renuka City Hotels PLC

4,520,600

0.93

10

Mrs Saumya Amarasekera

4,000,000

0.83

11

Renuka Consultants & Services Limited.

3,670,200

0.76

12

Mr. Narawala Gamage Mahinda

3,403,529

0.70

13

Seylan Bank PLC/W.G.U.I. Ranaweera

3,000,000

0.62

14

People S Leasing And Finance PLC/L.P.Hapangama

2,850,287

0.59

15

Mr. Amarakoon Mudiyanselage Weerasinghe

2,507,771

0.52

16

Mr. Shiran Harsha Amarasekera

2,506,000

0.52

17

Cargo Boat Development Company PLC

2,020,200

0.42

18

Seylan Bank Plc/Andaradeniya Estate (Pvt) Ltd

1,700,000

0.35

19

Citizens Development Business Finance PLC/T.Ruchira

1,500,003

0.31

20

DFCC Bank PLC/W.Jinadasa

1,464,350

0.30

415,789,919

85.91

Percentage of Public Shareholding

39.17%

Total No. of shareholders represent in the public holding

5,558

Float adjusted Market Capitalization (Rs)

4,322,391,943

Directors' shareholding as at 30th September 2025

Name of Director

No. of Shares

1

Mr. A.M. Pandithage

Nil

2

Mr. S.C. Ganegoda

125,000

3

Mrs. R.N. Ponnambalam

Nil

4

Mr. R.J. Karunarajah

Nil

5

Mr. T.A.B. Speldewinde

Nil

6

Ms. K.A. D. B. Perera

Nil

7

Mr. D.T.R. De Silva

Nil

8

Mr.A.J.Alles

Nil

9

Mr. T.M.Hewagama

Nil

10

Ms. K.A.D.S. Perera (Appointed on 01.10.2025)

Nil

‌THE KINGSBURY PLC

Corporate Information

Name Of Company

The Kingsbury PLC

Company Registration No

PQ 203

Legal Form

A Public Limited Company Incorporated in Sri Lanka on 04th May 1969

Registered Office

No. 48, Janadhipathi Mawatha

Colombo 01

Sri Lanka

Board Of Directors

Mr. A. M. Pandithage (Chairman)

Mr. R. J. Karunarajah (Managing Director)

Mr. S. C. Ganegoda

Ms. R. N. Ponnambalam

Mr. T.A.B. Speldewinde

Ms. K.A. D. B. Perera

Mr. D.T.R. De Silva

Mr. A.J.Alles

Mr. T.M.Hewagama

Ms. K.A.D.S. Perera (Appointed on 01.10.2025)

Audit Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Remuneration Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Mr. S. C. Ganegoda

Nominations And Governance Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Mr. S. C. Ganegoda

Related Party Transactions Review Committee

Mr. T. A. B. Speldewinde (Chairman)

Mr. D. T. R De Silva

Mr. A. J. Alles

Mr. S. C. Ganegoda

Secretaries

Hayleys Group Services (Private) Limited

No. 400, Deans Road

Colombo 10

+94 112 627 650-3 (4 lines)

Auditors

Ernst & Young

Chartered Accountants

Rotunda Towers,No 109,Galle Road, Colombo 03

Sri Lanka

Bankers

Hatton National Bank PLC

Bank of Ceylon

Nations Trust Bank PLC

Investor Relations

Please contact Sector Chief Financial Officer : Mr. Piyal Senadeera

+94 77 108 7703

Piyal.s@hayleysleisure.com