Sri Lanka’s WealthTrust Securities rebounds to profitability in 2Q 2026
Photo: Hiru NewsAI summary · 1 min read
1 min readFrom 2 outlets- EconomyNext and Hiru News report quarterly profit of Rs. 154.6 million.
- EconomyNext says net fair-value gains were Rs. 170.8 million, versus losses of Rs. 579.3 million in the prior quarter.
- EconomyNext reports net interest income of Rs. 301.8 million and realised capital losses of Rs. 241.3 million.
EconomyNext reports that WealthTrust Securities PLC, a licensed primary dealer in Sri Lanka, recorded after-tax profit of Rs. 154.6 million in the second quarter of financial year 2026/27, for the three months ended September 30, 2026. Hiru News also reports quarterly earnings of Rs. 154.6 million. EconomyNext says the company had reported a loss of Rs. 455.2 million in the preceding quarter.
EconomyNext reports that government securities yields rose in July before a strong market rally in August. It attributes the rally to favourable liquidity, foreign investor demand, falling Treasury bill yields and limited new bond supply at auctions. EconomyNext says market momentum later weakened, with Middle East geopolitical tensions, high global oil prices and rising global bond yields contributing to a change in sentiment toward the end of September.
EconomyNext reports that net fair-value gains of Rs. 170.8 million supported the quarter’s result, compared with net fair-value losses of Rs. 579.3 million in the preceding quarter. It says net interest income was Rs. 301.8 million, while fee-based income contributed Rs. 27 million and brokerage income Rs. 1.4 million. EconomyNext also reports net realised capital losses of Rs. 241.3 million.
EconomyNext reports that Managing Director and Chief Executive Officer Romesh Gomez described the return to quarterly profitability as encouraging despite market volatility. The outlet says he cited prudent risk management, a strong balance sheet and the aim of developing more sustainable and consistent earnings as continuing priorities.
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