The Colombo Lotus Tower Management Company (CLTMC) has recorded significant financial growth, its new management said.
Chairman Shirantha Pieris said the revenue for the period ending August 2025 reached Rs.1.43 billion, a 31 percent increase compared to the same period last year.
Speaking to the media, Pieris said gross profit rose by 77 percent to Rs. 786.86 million, with margins improving from 42 percent to 55 percent. Profit Before Tax (PBT) surged by 192 percent to Rs. 539.93 million, with margins rising from 18 percent to 38 percent. He attributed the strong performance to disciplined management, prudent decision-making and effective cost controls.
In addition to its financial achievements, the CLTMC has introduced a series of digital initiatives in line with Sri Lanka’s national vision for digital transformation.