*ACS Capital Research* *News Alert 29.05.2025* *Colombo’s WCT eyes cash-positive first year* Colombo’s Adani-John Keells-owned West Container Terminal (WCT) is expected to achieve a cash-positive position within the first year of operations due to the rapid growth in regional container volumes and demand, John Keells Holdings (JKH) said. Source:https://www.themorning.lk/articles/BeAH8OBnZUu4hbSngjji *BYD EV demand in Sri Lanka “exceeds expectations”: JKH* The Sri Lankan appetite for electric mobility is accelerating faster than anticipated, with over 5,000 BYD vehicles reserved since the brand’s entry into the market earlier this year, John Keells Holdings (JKH) said this week. Source:https://www.dailymirror.lk/breaking-news/BYD-EV-demand-in-Sri-Lanka-exceeds-expectations-JKH/108-310061 *WindForce achieves robust 29% profit growth, reaching Rs. 2.25 b* WindForce PLC, Sri Lanka’s leading renewable energy company, has reported outstanding financial results for the fiscal year 2024/25, demonstrating its strategic resilience and commitment to sustainable growth. Source:https://www.ft.lk/business/WindForce-achieves-robust-29-profit-growth-reaching-Rs-2-25-b/34-777031 *“Lanka Ashok Leyland successful govt.-to-govt. joint venture”* Joint ventures between governments can be successfully carried out, Minister of Industries and Entrepreneurship Development Sunil Handunnetti said. The Minister said this when he visited the production activities of Lanka Ashok Leyland in Homagama. Source:https://www.dailynews.lk/2025/05/29/business/787171/lanka-ashok-leyland-successful-govt-to-govt-joint-venture/ *Ambeon Holdings posts strong FY 2024/25 results with Rs. 1,910 mn profit* Ambeon Holdings PLC, a diversified conglomerate with key business interests across Information Technology, Financial Services, Real Estate, and Strategic Investments has announced its interim financial results for the financial year 2024/25. Source:https://www.dailymirror.lk/business-news/Ambeon-Holdings-posts-strong-FY-202425-results-with-Rs-1-910-mn-profit/273-310058 *President puts export growth as priority* Signalling the priority to boost exports, President Anura Kumara Disanayake yesterday convened a top-level meeting of officials and the private sector to identify challenges and resolution measures. Source:https://www.ft.lk/top-story/President-puts-export-growth-as-priority/26-777038