FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

 
 
 

View results

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Sell EXPO Buy EDEN sentiment changed to Exit EXPO Enter EDEN
by Bakkabwoi Today at 12:44 am

» Top Foreign Trading today
by D.G.Dayaratne Yesterday at 11:29 pm

» Maharaja after long time
by Maharaja Yesterday at 10:20 pm

» Try to Avoid Getting Sucked into Any Panic Modes While Looking for Opportunities. Stock market for beginners
by Asoka Samarakone Yesterday at 9:39 pm

» Evergrande agrees deal to avoid default on key bond: Company
by RajapaksaDON Yesterday at 8:15 pm

» Top crossings today
by SAGA Yesterday at 7:27 pm

» LOFC AND CLC Target Price??
by Rational Investor Yesterday at 6:35 pm

» EXPOLANKA HOLDINGS PLC (EXPO.N0000)
by Equity Win Yesterday at 10:47 am

» CABO -- “ The Investment Company ” under Land & Building Sector
by samaritan Yesterday at 10:45 am

» LOFC lofc
by stockchaser Yesterday at 9:52 am

» TOKYO CEMENT COMPANY (LANKA) PLC
by ADVENTUS Yesterday at 12:14 am

» DIPPED PRODUCTS PLC (DIPD.N0000)
by ADVENTUS Yesterday at 12:11 am

» BROWNS INVESTMENTS PLC (BIL.N0000)
by stockchaser Tue Sep 21, 2021 3:49 pm

» GUYS LOOK IN TO JKH / JKL NOW
by Wickyz Tue Sep 21, 2021 10:54 am

» The stock market can be a great place to make money; it can also be a great place to lose money. Stock market for beginners
by reyaz Tue Sep 21, 2021 7:37 am

» LOFC LOFC LOFC
by stockchaser Mon Sep 20, 2021 7:49 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by LHW Sun Sep 19, 2021 10:14 pm

» KOTAGALA PLANTATION
by reyaz Sun Sep 19, 2021 3:33 pm

» What is "Introductions" in Upcoming listing in CSE?
by Nandun Sat Sep 18, 2021 1:46 pm

» Glove stocks fall after Top Glove posts weaker 4Q results
by ResearchMan Sat Sep 18, 2021 1:37 pm

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » RCL to enjoy ‘monopoly’ in tiles

RCL to enjoy ‘monopoly’ in tiles

Go down  Message [Page 1 of 1]

1RCL to enjoy ‘monopoly’ in tiles Empty RCL to enjoy ‘monopoly’ in tiles Sun May 12, 2013 12:06 am

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
By The Nation

The acquisition of 80% stake by Royal Ceramics (RCL) in Lanka Ceramic PLC last week would enable Royal Ceramics to enjoy a monopoly status in the country’s tile manufacturing industry where imported tiles being the only competition with RCL having around 25% market share at present, a report from a brokerage firm stated last week. RCL acquired Lanka Ceramic PLC, the holding company of walltile segment market leader Lanka Walltile (LWL) and also the ultimate holding company of RCL’s direct competitor Lanka Tiles (TILE) for a total consideration of Rs. 2.9bn

“Having the domestic industry being protected with CESS and other duties on imports, threat from imported substitutes is minimal for RCL. Furthermore, this would almost double the floor tile manufacturing capacity to 27,000 sqm per day and adds the only wall tile manufacturing plant in the country (capacity 7,500 sqm/day) under the control of RCL. Synergic benefits and scale would definitely help RCL to further expand its market share and improve the margins yielding higher ROEs”, TKS Securities said in an Event Update issued following the announcement of change of hands.

The report noted that with this acquisition, wooden flooring and tile allied product manufacturing company Swisstek (Ceylon) and Horana Plantations would also get consolidated into the business.
http://www.nation.lk/edition/biz-news/item/17736-rcl-to-enjoy-%E2%80%98monopoly%E2%80%99-in-tiles.html

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum