Hilton Colombo records profit after 7 years
Sri Lanka, July 31 -- Hotel Developers (Lanka) Ltd (HDL), the state-owned enterprise and owner of the iconic Hilton Colombo, announced a significant financial turnaround, recording a Profit After Tax of Rs. 48.5 million for the financial year ended 2025, marking the Company's first return to profitability,since 2017.
Commenting on the performance, Chairman Pravir Samarasinghe described the result as a defining milestone. "The 2025 financial year marks a pivotal moment in the Company's journey. Our return to profitability is the direct outcome of the successful transformation of our business through a disciplined strategy, unwavering operational focus, and consistent execution across every level of the business," he said.
Revenue remaine...
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