Lanka Ashok Leyland Bus Registration 2026:
July marked a strong recovery, with registrations surging to 101 units, the highest level recorded during the period.
https://t.co/MyQDrbZNyQ
1/3 Day one of the Wesak Dansal that my wife and daughters attended. Seeing this makes me realize how much I'm missing the fun times back home.
Bandaragama/Anguruwathota Road/ weedagama/Pokunuvita. @SriLankaTweet
ASHO reported a strong EPS of 325.24 for Jan–Mar 2026, completing the financial year with an EPS of 845.78. Quarterly EPS increased by 91% YoY and 65% QoQ. Further, annual EPS increased by 100% compared to the previous financial year.
Diesel generator set sales increased by 174%
New vehicle sales increased by 135%
Spare parts sales increased by 45%
Vehicle hiring income increased by 38%
Vehicle repair income increased by 1%
Net asset value per share is now 2,479.24, while PBV stands at just 1.15. It is also good to see the number of shareholders increasing to 1,540 from 964.
However, the company should consider a share subdivision to improve liquidity. Many companies have adopted this strategy during the past few months. A share subdivision helps improve market liquidity and can positively impact the company’s market value. Further, it creates opportunities for more potential investors to consider the share for investment. When the company plans future expansion, it may also be easier to raise funds through a rights issue at a higher price with stronger investor participation.