SenFin Research – News Updates – 10 August 2026

Private borrowing up 27% YoY to Rs. 11.3 t in 1H
Private sector borrowing from the banking system accelerated in June, with total outstanding credit increasing by Rs. 245.3 billion month-on-month (MoM) to Rs. 11.28 trillion, extending the rebound recorded in May. On a year-on-year (YoY) basis, private sector credit grew by 27.4%, compared with 27.8% in May.
Source: (Daily FT)https://www.ft.lk/front-page/Private-borrowing-up-27-YoY-to-Rs-11-3-t-in-1H/44-795777

1H Budget posts Rs. 9.5 b surplus despite sharp fall in June
Sri Lanka ended the first half of 2026 with an overall Budget surplus of Rs. 9.51 billion, reversing a Rs. 405.6 billion deficit a year earlier, although the surplus narrowed sharply from Rs. 197.34 billion at end-May as expenditure accelerated in June.
Source: (Daily FT)https://www.ft.lk/front-page/1H-Budget-posts-Rs-9-5-b-surplus-despite-sharp-fall-in-June/44-795779

CBSL buys $ 905 m forex in 1H 2026, end-July reserves top $ 6.88 b
The Central Bank of Sri Lanka’s (CBSL) net US dollar purchases from the domestic market to build reserves topped $ 905 million during the first seven months of 2026.
Source: (Daily FT)
https://www.ft.lk/front-page/CBSL-buys-905-m-forex-in-1H-2026-end-July-reserves-top-6-88-b/44-795780

Record remittances boost economy in July, first seven months
Workers’ remittances climbed to a record high in July, marking one of the strongest seven-month performances in the country’s history, despite economic uncertainty stemming from the ongoing Middle East conflict, a region that hosts a large share of Sri Lankan migrant workers.
Source: (Daily FT) https://www.ft.lk/front-page/Record-remittances-boost-economy-in-July-first-seven-months/44-795781

Financials: Tokyo Cement Group reports PAT of Rs 635 m
Tokyo Cement Group (Tokyo Cement) reported a turnover of Rs 15,836 million and a Profit After Tax (PAT) of Rs 635 million for the 1st Quarter ended 30 June 2026, compared to a turnover of Rs 12,544 million and a PAT of Rs 668 million, in the same period last year.
Source: (the morning) https://www.themorning.lk/articles/xfoDZBBf2qXgduDMZuPO

Sunshine Holdings records 16.6% Y-o-Y revenue growth
Diversified Sri Lankan conglomerate Sunshine Holdings PLC delivered consolidated revenue of Rs 18.5 billion during the first quarter of the 2026/27 financial year (1QFY27), recording growth of 16.6% year-on-year (Y-o-Y).
Source: (the morning) https://www.themorning.lk/articles/yxmLP9jSQ3BJFQ57tD0S

Financials: Hemas Group posts Rs 28.7 b revenue in Q1
The Group recorded revenue of Rs 28.77 b in Q1 FY27, an increase of 0.9% Y-o-Y, while gross profit margin improved by 0.2 percentage points to 30.4%.
Source: (the morning) https://www.themorning.lk/articles/D0EfI3503hpULHWlVWKO