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Hemas Group Reports 12.8% Decline in Profits for December 2025 Quarter
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Hemas Group Reports 12.8% Decline in Profits for December 2025 Quarter
Sri Lanka’s Hemas Holdings reported a 12.8% decline in group net profit to Rs. 2.6 billion for the December 2025 quarter, compared to the same period last year. The downturn was attributed to high costs and the adverse effects of Cyclone Ditwah on the broader business ecosystem. According to interim results filed with the stock exchange, sales for the December 2025 quarter grew by 5.3% to Rs. 35.0 billion compared to the previous year. While the…
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