Diversified conglomerate Sunshine Holdings reported a consolidated revenue of Rs. 45.2 billion for the nine months ending 31 December 2024 (3Q25/Q3 of FY25), an increase of 6.7% year-on-year (y-o-y).
Gross profit margin for the period in review stood at 30.8%, compared to 31.3% in the same period last year.
Profit-after-tax (PAT) for the period in review contracted 14.1% to Rs. 4.7 billion due to margin contraction in the consumer brands segment and higher taxation impact in the agribusiness sector.
The group’s healthcare business emerged as the largest contributor to Sunshine’s top-line performance, accounting for 54.9% of total revenue.
Consumer brands and agribusiness sectors of the group contributed 31.8% and 13.3% respectively of the total revenue.
Sunshine Holdings Group CEO Shyam Sathasivam said: “Sunshine Group continues to build on its strong foundation across our key business sectors. While the economy has witnessed a moderate stability with improved credit ratings, macroeconomic pressures on consumer purchasing power prevail which challenge the Group, especially our Consumer Brands. However, we remain confident in our ability to navigate these challenges and sustain resilience in the upcoming quarters.”
As we move forward, we remain focused on driving sustainable growth and value creation across all our business verticals. Furthermore, we have decided to implement a share split of the ordinary share capital for Sunshine Holdings PLC, reflecting our commitment to improving market accessibility and liquidity to our investors,” Sathasivam added.