{"id":4003,"date":"2025-11-17T15:39:56","date_gmt":"2025-11-17T10:09:56","guid":{"rendered":"https:\/\/economictimes.lk\/?p=4003"},"modified":"2025-11-17T15:39:58","modified_gmt":"2025-11-17T10:09:58","slug":"united-motors-posts-2q-rebound-as-profits-surge-on-stronger-vehicle-sales","status":"publish","type":"post","link":"https:\/\/economictimes.lk\/index.php\/2025\/11\/17\/united-motors-posts-2q-rebound-as-profits-surge-on-stronger-vehicle-sales\/","title":{"rendered":"United Motors posts 2Q rebound as profits surge on stronger vehicle sales"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\">\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 class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\">\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 class=\"wp-block-paragraph\">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 class=\"wp-block-paragraph\">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&#8230;<\/p>\n","protected":false},"author":4,"featured_media":4004,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4003","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.1.1 - aioseo.com -->\n\t<meta name=\"description\" content=\"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. Company profit surged 388 percent to Rs. 546\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/economictimes.lk\/index.php\/2025\/11\/17\/united-motors-posts-2q-rebound-as-profits-surge-on-stronger-vehicle-sales\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.1.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"THE ECONOMIC TIMES LK -\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"United Motors posts 2Q rebound as profits surge on stronger vehicle sales - THE ECONOMIC TIMES LK\" \/>\n\t\t<meta property=\"og:description\" content=\"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. 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