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FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » DCL revenue tops Rs. 63. 3 billion

DCL revenue tops Rs. 63. 3 billion

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1DCL revenue tops Rs. 63. 3 billion Empty DCL revenue tops Rs. 63. 3 billion Wed Sep 26, 2012 1:24 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics

The Distilleries Company of Sri Lanka (DCL) recorded a gross revenue of Rs. 63.3 Billion for the group while the company displayed a group profit of Rs.49.1 billion. Group profit after tax for the year stands at Rs. 6.2 billion while the company reported Rs.4.3 billion.

Chairman DCSL, Harry Jayawardena said despite the challenges DCSL has performed extremely well.

He said the new products introduced over the previous year gained ground with the export market too gaining rank.

Meanwhile, the large markets of the North and East owned by the DCSL has prompted the company to pursue investment into fully automated bottling plants and lines in Seeduwa, Kandy and Kalutara.

Jayawardena said the company maintained close relationship with the state and regulatory authorities who have remained supportive of its suggestions and open to discussion when necessary.

He appreciated the Government decision to relax Excise Ordinance mandating that manufacturers cannot own FL4 license amending it under the Excise Notification No 926 so that most of the manufacturers can get the advantage of owning their license.

He said this is a stepping stone in alleviating the illegal practices and a legal industry will be maintained as a result.
http://www.dailynews.lk/2012/09/26/bus10.asp

2DCL revenue tops Rs. 63. 3 billion Empty Re: DCL revenue tops Rs. 63. 3 billion Wed Sep 26, 2012 1:46 am

Kithsiri

Kithsiri
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

මතට තවත් තිතක් ! Shocked

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