Sri Lanka, Nov. 10 -- Shangri-La's two Sri Lankan hotels more than tripled their after-tax profit to US $ 6.8 million in the first half of 2026, as the occupancy at Shangri-La Colombo and Shangri-La Hambantota climbed sharply, even while the island's tourist arrivals dipped, the interim results filed by Hong Kong-listed parent Shangri-La Asia Limited showed.

The profit, which reflects the parent's 90 percent stake in both properties, compares with US $ 1.9 million a year earlier, while the hotel revenue rose 7.7 percent to US $ 21.0 million, from US $ 19.5 million.

The after-tax margin widened to 32.4 percent, from 9.7 percent and the half-year profit already equals 85 percent of US $ 8.0 million the two hotels earned across 2025.

Th...