Tag: Beverages
Lion Brewery PLC revenue increased by 16%
Research Report of Lion Brewery (Ceylon) PLC for year ended 31st March 2024 1. Company Profile History and Overview: Lion Brewery (Ceylon) PLC, a subsidiary of Carson Cumberbatch & Co. Ltd., has a rich heritage spanning over a century in the brewing industry. Established in 1849 in the picturesque region of Nuwara Eliya, the company has…
Ceylon Colds Stores PLC: Financial Performance for the year ended 31st March 2024
Ceylon Cold Stores PLC has demonstrated a robust financial performance for the year ended 31st March 2024. The company’s profitability has shown significant improvement, as evidenced by the following key financial metrics: The financial statements also reflect a healthy balance sheet with a total equity increase from Rs. 17,858,176 thousand as at 1 April 2022…
Lion Brewery PLC: Financial Review as at 31st March 2024
The economic pressures continued during the quarter under review, with excise taxes increasing by 14% in January 24, which was on top of a 20% duty hike in July 2023 for the 23/24 financial year. VAT was also higher by 3% vs prior year quarter. The escalation in price of alcoholic beverages has brought further…
