{"id":14356,"date":"2025-11-17T15:11:29","date_gmt":"2025-11-17T09:41:29","guid":{"rendered":"https:\/\/enterprisenews.lk\/?p=14356"},"modified":"2025-11-17T15:11:30","modified_gmt":"2025-11-17T09:41:30","slug":"united-motors-posts-2q-rebound-as-profits-surge-on-stronger-vehicle-sales","status":"publish","type":"post","link":"https:\/\/enterprisenews.lk\/?p=14356","title":{"rendered":"United Motors posts 2Q rebound as profits surge on stronger vehicle sales"},"content":{"rendered":"<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"349\" height=\"554\" src=\"https:\/\/enterprisenews.lk\/wp-content\/uploads\/2025\/11\/1763356831_8465080_hirunews-Recovered.jpg\" alt=\"\" class=\"wp-image-14357\" style=\"width:187px;height:auto\" srcset=\"https:\/\/enterprisenews.lk\/wp-content\/uploads\/2025\/11\/1763356831_8465080_hirunews-Recovered.jpg 349w, https:\/\/enterprisenews.lk\/wp-content\/uploads\/2025\/11\/1763356831_8465080_hirunews-Recovered-189x300.jpg 189w\" sizes=\"(max-width: 349px) 100vw, 349px\" \/><\/figure>\n<\/div>\n\n\n<p>United Motors Lanka PLC reported a strong second-quarter rebound, reinforcing its turnaround for the financial year, with Group profit rising to Rs. 1.09 billion, a 248 percent increase from the first quarter, supported by a sharp pickup in vehicle sales, stronger after-sales activity and improved supply-chain stability.&nbsp;<\/p>\n\n\n\n<p>Company profit surged 388 percent to Rs. 546 million in the quarter, while Group revenue grew 90 percent quarter-on-quarter and Company revenue nearly tripled.<\/p>\n\n\n\n<p>The robust quarterly gains helped lift first-half results significantly. For the six months ended 30 September 2025, the Group posted a profit of Rs. 1.41 billion, compared with a loss of Rs. 119 million a year earlier, a 1,287 percent increase. Company profit rose to Rs. 658 million from Rs. 48 million, up 1,271 percent year-on-year. Group revenue climbed 303 percent to Rs. 19.1 billion, and Company revenue expanded 212 percent to Rs. 9.0 billion.<\/p>\n\n\n\n<p>\u201cOur strong performance reflects the success of our diversified mobility portfolio and the continued confidence our customers place in us,\u201d Group CEO and Executive Director Chanaka Yatawara said.&nbsp;<\/p>\n\n\n\n<p>He noted that offerings ranging from entry-level 1,000cc vehicles priced from Rs. 8,250,000 to crossover SUVs, double cabs, and a wide selection of commercial trucks and buses have supported the financial performance.<\/p>\n\n\n\n<p>Yatawara also pointed to the recent acquisition of Dutch Lanka Trailers as a strategic investment strengthening the Group\u2019s outlook.&nbsp;<\/p>\n\n\n\n<p>\u201cDutch Lanka Trailers already exports to over 60 countries, and we see this as a significant growth engine for the Group in the years ahead,\u201d he said.<\/p>\n\n\n\n<p>United Motors said its diversified portfolio and strengthened operational base leave it well-positioned heading into the second half of FY2025\/26 to sustain growth and deliver long-term value to shareholders and customers.<\/p>\n\n\n\n<p>Source : Daily Mirror <\/p>\n","protected":false},"excerpt":{"rendered":"<p>United Motors Lanka PLC reported a strong second-quarter rebound, reinforcing its turnaround for the financial year, with Group profit rising to Rs. 1.09 billion, a 248 percent increase from the first quarter, supported by a sharp pickup in vehicle sales, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":14357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-14356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/posts\/14356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14356"}],"version-history":[{"count":0,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/posts\/14356\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=\/wp\/v2\/media\/14357"}],"wp:attachment":[{"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterprisenews.lk\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}