Swisstek (ceylon) PlcCSELK: PARQ.N0000

Interim Financial Statements as at 30th June 2025

· Issued by Swisstek (ceylon) Plc

Swisstek (Ceylon) PLC

Provisional Financial Statements For the Quarter Ended 30th June 2025

Swisstek (Ceylon) PLC

Provisional Financial Statements

For the three months ended 30th June 2018



Page 2

SWISSTEK ( CEYLON) PLC PROVISIONAL FINANCIAL STATEMENTS

FOR THE QUARTER ENDED 30TH JUNE 2025

GROUP

COMPANY

30-06-2025

Unaudited

31-03-2025

Audited

30-06-2025

Unaudited

31-03-2025

Audited

Rs.'000

Rs.'000

Rs.'000

Rs.'000

4,106,653

24,651

203,000

-56,667

4,061,726

105,154

203,000

-56,667

2,211,324

211

203,000

536,987

-

2,218,476

149

203,000

536,988

-

4,390,971

4,426,547

2,951,522

2,958,613

6,036,948

2,932,975

-55,712

36,373

515,985

5,099,084

3,029,517

-53,754

36,332

416,113

548,752

762,581

-65,632

36,373

278,871

535,854

657,843

-64,066

36,332

255,986

9,577,993

8,634,800

1,692,209

1,550,081

13,968,964

13,061,347

4,643,731

4,508,694

368,256

982,163

19,842

1,899,756

368,256

982,163

19,842

1,800,278

368,256

728,865

19,842

1,392,622

368,256

728,865

19,842

1,339,501

3,270,017

3,170,539

2,509,585

2,456,464

529,163

507,338

-

-

3,799,180

3,677,877

2,509,585

2,456,464

108,964

55,933

376,879

2,437,086

105,111

63,501

358,334

2,706,997

34,458

-432,143

269,163

33,427

-428,237

289,163

2,978,862

3,233,943

735,764

750,827

2,680,466

459,954

3,311,278

118,005

40,914

148,409

431,896

2,284,423

917,735

2,206,420

127,106

45,709

125,428

442,706

579,606

80,004

522,296

10,725

-112,242

93,509

503,043

80,004

476,882

-

-88,487

152,987

7,190,922

6,149,527

1,398,382

1,301,403

10,169,784

9,383,470

2,134,147

2,052,231

13,968,964

13,061,347

4,643,731

4,508,694

23.89

23.17

18.34

17.95

STATEMENT OF FINANCIAL POSITION As at ASSETS

Property, plant and equipment Intangible Assets

Investment property Invetment

Other long term investment

Non current assets

Inventories

Trade & other receivables Contract Assets

Amounts due from related parties Short term investment

Cash & cash equivalents

Current assets Total assets EQUITY

Stated capital Capital Reserve General reserve Revenue Reserve

Equity attributable to owners of the company Non controlling interest Total equity Liabilities

Retirement benefits obligation Lease Rental Payable after one year Deferred tax liability

Long term borrowings payable after one year

Non current liabilities

Trade & other payables

Long term borrowings payable within one year Short term loans

Amount due to related parties

Lease Rental Payable within one year Income tax payable

Bank overdrafts Current liabilities Total liabilities

Total equity and liabilities

Net asset value per share ( Rs.)

Figures in brackets indicate deductions.

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

It is certified that the interim financial statements have been prepared in compliance with the requirements of theCompanies Act No.7 of 2007.

Sgd.

W M P G C Gamini Wanasinghe

Ast.General Manager-Finance & Controls

The Board of Directors is responsible for the preparation and presentation of these financial statements. Signed for and on behalf of the board by

Sgd. Sgd.

S H Amarasekera L A D N Perera

Chairman Managing Director

1st August 2025

SWISSTEK ( CEYLON) PLC PROVISIONAL FINANCIAL STATEMENTS QUARTER ENDED 30TH JUNE 2025

Page 3

GROUP

COMPANY

30-06-2025

Unaudited

30-06-2024

Unaudited

Variance % for the quarter end

30-06-2025

Unaudited

30-06-2024

Unaudited

Variance % for the quarter end

Quarter

Quarter

Quarter

Quarter

Rs.'000

Rs.'000

Rs.'000

Rs.'000

3,600,231

2,892,830

24.5

1,002,346

648,482

54.6

(2,786,235)

(2,261,083)

23.2

(682,390)

(443,756)

53.8

813,996

631,747

28.8

319,956

204,726

56.3

26,631

14,115

88.7

12,898

10,888

18.5

(291,169)

(225,570)

29.1

(98,721)

(65,874)

49.9

(150,379)

(121,660)

23.6

(49,484)

(32,995)

50.0

399,079

298,632

33.6

184,649

116,745

58.2

(13,500)

-

(13,500)

-

(147,256)

(179,367)

17.9

(19,770)

(28,324)

30.2

238,323

119,265

99.8

151,379

88,421

71.2

(69,120)

(36,146)

91.2

(50,358)

(30,993)

62.5

169,203

83,119

103.6

101,021

57,428

75.9

169,203

83,119

103.6

101,021

57,428

75.9

147,378

79,877

84.5

101,021

57,428

75.9

21,825

3,242

573.2

-

-

-

169,203

83,119

103.6

101,021

57,428

75.9

147,378

79,877

84.5

101,021

57,428

75.9

21,825

3,242

573.2

-

-

-

169,203

83,119

103.6

101,021

57,428

75.9

1.08

0.58

84.5

0.74

0.42

75.9

STATEMENT OF COMPREHENSIVE INCOME

Period ended Sales ( net of tax)

Cost of sales

Gross profit

Other operating income Distribution expenses

Administration expenses

Profit from operating activities

Other operating expenses Net finance (cost)/Income

Profit/(Loss) before taxation

Taxation

Profit/(Loss) for the period Total comprehensive income/(expense) for the period

Attributable to:

Owners of the company Non-controlling interest Profit/(Loss) for the year

Total comprehensive income attributable to:

Owners of the company Non-controlling interest

Total comprehensive income/(expense) for the period

Basic earnings per share (Rs.)

Segmental Information

GROUP

COMPANY

For the period ended 30th June

2025

2024 Variance

2025 2024

Variance

Rs.'000

Rs.'000 %

Rs.'000 Rs.'000 %

Turnover

Flooring and tile accessories

979,746

638,029 53.6%

979,746 638,029 53.6%

Aluminium products

2,620,485 2,254,80116.2%

22,600 10,453116.2%

Consolidated turnover

3,600,231

2,892,830 24.5%

1,002,346 648,482

54.6%

Profit/ (Loss) before tax

Flooring and tile accessories

149,571

87,585 70.8%

149,571 87,585

70.8%

Aluminium products

88,752 150,73841.1%

1,808 836

116.2%

Consolidated profit/ (loss) before tax

238,323

238,323 0.0%

151,379 88,421

71.2%

Figures in brackets indicate deductions.

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

Page 4

SWISSTEK ( CEYLON) PLC

PROVISIONAL FINANCIAL STATEMENTS

FOR THE QUARTER ENDED 30TH JUNE 2025

STATEMENT OF CHANGES IN EQUITY

Stated

Revaluation

General

Retained

Shareholders'

Non-controlling

Total

capital

reserve

reserve

earnings

funds

Interest

Equity

368,256

982,163

19,842

978,954

2,349,215

48,958

2,398,173

-

-

-

79,877

79,877

3,242

83,119

-

-

-

(41,058)

(41,058)

-

(41,058)

368,256

982,163

19,842

1,017,773

2,388,034

52,200

2,440,234

368,256

982,163

19,842

1,800,278

3,170,539

507,338

3,677,877

-

-

-

147,379

147,379

21,825

169,204

-

-

-

(47,901)

(47,901)

-

(47,901)

368,256

982,163

19,842

1,899,756

3,270,017

529,163

3,799,180

Group

Balance as at 1st April 2024

Total comprehensive income

- Profit for the year

- Dividend paid

Balance as at 30th June 2024

Balance as at 1st Apr 2025

Total comprehensive income

- Profit/(Loss) for the year

- Dividend paid

Balance as at 30th June 2025

Stated

Revaluation

General

Retained

Total

capital

reserve

reserve

earnings

Equity

368,256

728,865

19,842

1,135,002

2,251,965

-

-

-

57,428

57,428

-

-

-

(41,058)

(41,058)

368,256

728,865

19,842

1,151,372

2,268,335

368,256

728,866

19,842

1,339,501

2,456,464

-

-

-

101,022

101,022

-

-

-

(47,901)

(47,901)

368,256

728,866

19,842

1,392,622

2,509,585

Company

Balance as at 1st April 2024

Total comprehensive income

- Profit for the year

- Dividend paid

Balance as at 30th June 2024

Balance as at 1st Apr 2025

Total comprehensive income

- Profit for the year

- Dividend paid

Balance as at 30th June 2025

Figures in brackets indicate deductions.

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

SWISSTEK ( CEYLON) PLC PROVISIONAL FINANCIAL STATEMENTS

FOR THE QUARTER ENDED 30TH JUNE 2025

Page 5

Group

Company

30-06-2025

Unaudited

30-06-2024

Unaudited

30-06-2025

Unaudited

30-06-2024

Unaudited

Rs.'000

Rs.'000

Rs.'000

Rs.'000

238,323

119,265

151,380

88,421

53,008

52,246

17,848

18,179

13,328

1,008

-

-

3,851

4,310

1,031

900

159,372

177,163

24,297

28,383

(12,116)

2,204

(4,527)

(58)

13,500

-

13,500

-

469,266

356,196

203,529

135,825

(937,865)

397,182

(12,897)

(67,847)

95,159

(365,240)

(113,711)

46,654

(11,059)

(14,640)

9,159

(24,448)

350,585

138,928

27,318

(17,731)

-

30,033

-

30,033

(33,914)

542,459

113,398

102,486

(158,298)

(198,018)

(23,056)

(28,030)

(32,698)

(12,038)

(22,698)

(12,038)

-

(4,853)

-

-

(224,910)

327,550

67,644

62,418

(29,210)

(52,396)

(10,696)

(23,517)

(29,210)

(52,396)

(10,696)

(23,517)

1,823,903

1,114,570

431,861

467,621

(1,459,101)

(1,530,816)

(406,446)

(388,935)

364,802

(416,246)

25,415

78,686

110,682

(26,593)

(141,092)

78,023

82,363

102,999

117,587

48,568

84,089

(63,069)

185,362

166,155

515,985

(431,896)

341,815

(404,884)

278,871

(93,509)

306,709

(140,554)

84,089

(63,069)

185,362

166,155

CASH FLOW STATEMENT

Period ended CASH FLOW FROM OPERATING ACTIVITIES

Profit/(loss) before tax Adjustments for; Depreciation Amortisation

Provision on retirement benefit obligation Interest expense

Exchange loss / (gain)

Provision for impairment of trade receivables

Operating profit/(loss) before working capital changes Changes in working capital

  • (Increase)/Decrease in inventory

  • (Increase)/Decrease in trade & other receivables

  • (Increase)/Decrease in amounts due from/to related parties

  • Increase/(Decrease) in trade & other payables

  • Contract Asset

Cash generated from operations

Interest paid Tax paid

Gratuity payments

Net cash generated from/(used) in operating activities CASH FLOW FROM INVESTING ACTIVITIES

Acquisition of property, plant and equipment

Net cash generated from/(used) in investing activities CASH FLOW FROM FINANCING ACTIVITIES

Loan Obtained Repayment of borrowings

Net cash generated from/(used) in financing activities Net Increase/ (Decrease) in cash and cash equivalents Cash & cash equivalents at the beginning of the year Cash & cash equivalents at the end of the period (Note a) Note a Analysis of cash and cash equivalent at the end of the period

Cash at banks and cash in hand Bank Overdraft

Cash and cash equivalent at the end of the period

Figures in brackets indicate deductions.

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

Page 6

SWISSTEK ( CEYLON) PLC

PROVISIONAL FINANCIAL STATEMENTS

QUARTER ENDED 30TH JUNE 2025

Notes

1.

Swisstek (Ceylon) PLC ("the Company") is a public limited liability company incorporated and domiciled in Sri Lanka and listed on the Colombo Stock Exchange. The

registered office of the company is located at No.215, Nawala Road,Narahenpita, Colombo 05.

The Consolidated Financial Statements of the company for the period ended 30th June 2025 comprise Swisstek (Ceylon) PLC (Parent Company) and its subsidiaries

(together referred as the " Group"), namely Swisstek Aluminium Ltd, Swisstek Development Ltd.

2.

The above figures are provisional & subject to audit.

3.

The same accounting policies as in the annual report for the year ended 31 March 2025 have been followed in the preparation of financial statements and are in

compliance with LKAS 34 - Interim Financial Reporting.

The presentation and classification of the financial statements of the previous period have been amended, with those of the current period, where relevant, for

better presentation and to be comparable.

4.

There have been no changes in contingent assets and contingent liabilities since 31st March 2025.

5.

A Final dividend of Rs 0.35 per share amounted to Rs. 47,901,000.00 for the financial year 2024/25 was approved by the shareholders at the Annual General

Meeting on 30th June 2025 and paid on 7th July 2025.

6.

There have been no other material events occurring after the Balance Sheet date that require adjustments or disclosure to these financial statements.

7.

Market prices recorded during the quarter ended

30th June

2025

2024

Rs.cts

Date Rs.cts Date

Highest market price per share

87.90

30/06/2025

Lowest market price per share

42.00

07/04/2025

Last traded price per share

87.70

30/06/2025

Closing date price per share

87.00

30/06/2025

23.00

15/05/2024

18.90

01/04/2024

21.60

28/06/2024

21.20

28/06/2024

Number of Ordinary Shares Issued 136,860,000 136,860,000

8.

Directors' Holdings as at 30th June 2025.

Director's name

Mr. A M Weerasinghe (Director)

Shareholding

No. of Shares

%

263,142

0.961

263,142

0.192

9.

25 Major Shareholders as at 30th June 2025.

Shareholding

Shareholder's Name

No. of Shares

%

1

LANKA TILES PLC

65,425,900

47.805

2

LANKA WALLTILES PLC

15,706,250

11.476

3

ROYAL CERAMICS LANKA PLC.

9,413,065

6.878

4

SEYLAN BANK PLC/ARRC CAPITAL (PVT) LTD

2,058,631

1.504

5

PEOPLE'S LEASING & FINANCE PLC/MR. IRESH SRIDAS GURUSINGHE

1,349,433

0.986

6

COMMERCIAL BANK OF CEYLON PLC/G S N PERIS

1,150,000

0.840

7

MR. O SENANAYAKE & MR. D R PIERIS, MR. S P PERERA

1,139,004

0.832

8

MRS. M J NIHARA

1,075,157

0.786

9

ANDYSEL PRIVATE LIMITED

1,000,000

0.731

10

ARUNODHAYA (PRIVATE) LIMITED

1,000,000

0.731

11

ARUNODHAYA INDUSTRIES (PRIVATE) LIMITED

1,000,000

0.731

12

ARUNODHAYA INVESTMENTS (PRIVATE) LIMITED

1,000,000

0.731

13

MR. S P PERERA

916,701

0.670

14

PEOPLE'S LEASING & FINANCE PLC/MR. K A D R M K KARIYAPPERUMA

828,095

0.605

15

MR. J H LIYANAGE

825,844

0.603

16

PEOPLE'S LEASING & FINANCE PLC/MR. O SENANAYAKE & MR. D R PIERIS, MR. S P PERERA

750,952

0.549

17

MRS. M S JAYEWARDENE

630,000

0.460

18

MR. A A PAGE

625,000

0.457

19

DR. A A M DHARMADASA

604,429

0.442

20

MRS. S VASUDEVAN

557,500

0.407

21

COMMERCIAL BANK OF CEYLON PLC/MR. H G BALASURIYA

501,200

0.366

22

SEYLAN BANK PLC/GLADSTONE CAPITAL (PRIVATE) LIMITED

462,064

0.338

23

DIALOG FINANCE PLC/M I I IBRAHIM

443,000

0.324

24

HATTON NATIONAL BANK PLC/WIJESINGHE JAYAWEERA MUDIYANSELAGE PUNSITH RASHMIN LOKUBANDA

424,601

0.310

25

MR. A H MUSTHAKEEM

377,200

0.276

Sub Total

109,264,026

79.836

Others

27,595,974

20.164

TOTAL

136,860,000

100.000

10.

Percentage of public holding as at 30th June 2025 was 30.7260%, comprising of 3,334 shareholders.

11.

The float adjustment market capitalization of the Company as at 30th June 2025 was Rs. 3,658,492,941/00 under Option 5 of Rule 7.14.1 (i) (a) of the Listing Rules

of the Colombo Stock Exchange and the Company has complied with the minimum public holding requirement applicable under the said option.

Page 7

CORPORATE INFORMATION

Name of the Company

Swisstek (Ceylon) PLC

Legal Form

Swisstek (Ceylon) PLC is a public limited liability company listed on the Colombo Stock Exchange. Which was incorporated under the Companies Ordinance No.51 of 1938 as a public company on 12th day of July 1967. Pursuant to the requirements of the new

Companies Act No. 7 of 2007, the Company was re-registered on 6th June 2008 and bears registration number PQ155.

Directors

Mr. S H Amarasekera (Chairman)

Mr. L A D N Perera (Managing Director) - Appointed on 21/07/2025

Mr. J K A Sirinatha

Dr. S Selliah

Mr. A M Weerasinghe

Mr. A S Mahendra

Mr. K D G Gunaratne

Mr. C U Weerawardena

Mr. R M M J Ratnayake

Mr. B D S Mendis

Registered Office

215 Nawala Road, Narahenpita,

Colombo 5

Telephone : +94 11 4734391

Facsimile : +94 11 2805885

Email : swisstek@lankatiles.com

Website : https://www.swisstekceylon.com

Factory

Swisstek (Ceylon) PLC

Factory Complex, Belummahara, Imbulgoda

Telephone : + 94 - 33 - 4930590

Facsimile : + 94 - 33 - 5701371

Email : swisstek@lankatiles.com

Secretaries

PW Corporate Secretarial (Pvt) Ltd

3/17 Kynsey Road, Colombo 08

Telephone : +94 11 4640360-3

Facsimile : +94 11 4740588

Email : pwcs@pwcs.lk

Bankers

Bank of Ceylon

Sampath Bank PLC

DFCC Bank PLC

Seylan Bank PLC

Commercial Bank of Ceylon PLC

Union Bank of Colombo PLC

Auditors

KPMG

Chartered Accountants

32 A Sir Mohammed Macan Markar Mawatha, Colombo - 3

Telephone : + 94 11 5426 304

Facsimile : + 94 11 2541 249

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