Sri Lanka: Tokyo Cement has started the 2025-26 financial year on a ‘cautiously optimistic’ footing, projecting steady demand for cement buoyed by improving macroeconomic conditions and sustained private sector investment, according to the Daily Mirror newspaper.
In the quarter ending 30 June 2025, the group posted revenues of US$41.6m, up from US$38.8m in the previous corresponding period. Profit after tax came in at US$2.22m, down from US$2.35m in 2024. Sales growth was reportedly underpinned by higher volumes and momentum from ongoing construction projects, although seasonal slowdowns and monsoon-related disruptions affected demand. Lower interest rates and improved credit access continued to stimulate real estate and commercial construction. However, delays in public infrastructure projects remain a constraint on full recovery.
The company said “While we maintain a conservative short‑ to medium‑term outlook, we are confident in the underlying economic fundamentals and prepared to capitalise on industry growth opportunities,” noting that its 4Mt/yr capacity remains underutilised.
