SenFin Research – News Updates – 7 August 2026

Vehicle imports generate massive Rs. 896.4 Bn in customs taxes
The Motor vehicle imports generated a massive Rs. 896.4 billion in customs taxes, highlighting the sector’s importance to government finances, the Ceylon Chamber of Commerce Motor Vehicle Industry Report 2025/26 said.
Source: (Daily News) https://dailynews.lk/2026/08/07/business/1032357/vehicle-imports-generate-massive-rs-896-4-bn-in-customs-taxes/

Oil gains as investors cautious over Iran-Oman talk progress
Oil prices climbed on Thursday as investors remained cautious on the outcome of Iran-Oman talks and whether they will restore flows via ‌the Strait of Hormuz, while reports of attacks on Saudi tankers in the Red Sea and Gulf of Aden renewed supply tensions.
Source: (the morning) https://www.themorning.lk/articles/WFm9jEn0AiK3h8In3TCy

Sri Lanka rupee closes at 335.55/80 to US dollar spot, bond yields flat
Sri Lanka’s rupee closed at 335.55/80 to the US dollar in the spot market on Thursday from 335.55/60 the previous day, while bond yields closed broadly steady dealers said.
Source: (economynext) https://economynext.com/sri-lanka-rupee-closes-at-335-55-80-to-us-dollar-spot-bond-yields-flat-280217/

Sri Lanka sells extra Rs14bn Treasury bills after auction
Sri Lanka has sold 14,000 million rupees of treasury bills offered on tap at average rates of 9.77 percent, 9.99 percent and 10.19 percent, the public debt management office said, bringing the total of bills sold this week to 154 billion rupees.
Source: (economynext) http://economynext.com/sri-lanka-sells-extra-rs14bn-treasury-bills-after-auction-280211/

Sri Lanka stocks close up following record Commercial Credit share sale
Sri Lanka’s Colombo Stock Exchange closed higher on Thursday trading, CSE data showed, with the benchmark All Share Price Index moving up 0.49 percent.
Source: (economynext) https://economynext.com/sri-lanka-stocks-close-up-following-record-commercial-credit-share-sale-280184/

HNB Life delivers robust 1H performance with 43% growth
HNB Life PLC announced a formidable financial performance for the six months ended June 30 2026, successfully translating the strategic momentum of its recent corporate rebranding into tangible financial growth. The official transition to the HNB Life identity on April 6, 2026, symbolized by its distinctive wing icon, has resonated profoundly within the market, underscoring the Company’s unwavering commitment to cultivating trust-based relationships and delivering enduring, long-term value.
Source: (Daily News) https://dailynews.lk/2026/08/07/business/1032354/hnb-life-delivers-robust-1h-performance-with-43-growth/

Hela Apparel Board declares insolvency, seeks Court-ordered winding up
Hela Apparel Holdings PLC has resolved to seek a Court-ordered winding up after its Board concluded that the company and two subsidiaries are unable to pay their debts because of continuing liquidity constraints and are no longer able to continue their businesses.
Source: (Daily FT) https://www.ft.lk/front-page/Hela-Apparel-Board-declares-insolvency-seeks-Court-ordered-winding-up/44-795689

Hemas sustains 1Q revenue but earnings dip
Hemas Holdings PLC has managed to sustain revenue in the first quarter ended 30 June 2026 but suffered a dip in earnings.
Source: (Daily FT) https://www.ft.lk/front-page/Hemas-sustains-1Q-revenue-but-earnings-dip/44-795686

High-net-worth investors, funds buy 29% stake of Commercial Credit for Rs. 9 b
Nearly 29% minority stake of Commercial Credit & Finance PLC traded yesterday for a staggering Rs. 9 billion.
Source: (Daily FT) https://www.ft.lk/front-page/High-net-worth-investors-funds-buy-29-stake-of-Commercial-Credit-for-Rs-9-b/44-795687

hSenidBiz begins FY2027 with strong growth and sustained profitability
hSenid Business Solutions PLC (hSenidBiz) announced its financial results for the first quarter of FY2027, delivering a strong revenue growth and sustained profitability as the company continued to execute its SaaS-led growth strategy.
Source: (Daily Mirror) https://www.dailymirror.lk/business/hSenidBiz-begins-FY2027-with-strong-growth-and-sustained-profitability/215-347600

FINANCIALS: Union Bank posts Rs 881 m PBT in 1H 2026
Reflecting a sharp trajectory of operational efficiency and revenue expansion, Union Bank’s Profit Before Tax (PBT) increased by 84% year-on-year to Rs 881 million (m) for 1H 2026. Profit After Tax (PAT) expanded by 134% year-on-year to Rs 587 m, almost doubling its first-quarter performance and underscoring sustained earnings quality.
Source: (the morning) https://www.themorning.lk/articles/Fx4zHdHW9DpmM4aDB6oA

Vallibel Finance’s asset base exceeds Rs 200 b
Vallibel Finance PLC announced that its total asset base surpassed Rs 200 billion by 31 July 2026, in a formal corporate disclosure submitted to the Colombo Stock Exchange recently.
Source: (the morning) https://www.themorning.lk/articles/erSxK4COc5YEAKa0eAPC