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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Singer expects to be market leader in furniture

Singer expects to be market leader in furniture

3 posters

Go down  Message [Page 1 of 1]

Jayashantha

Jayashantha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Singer (Sri Lanka) expects to be the national category leader in furniture in the not too distant future, the company’s Chairman, Mr. Hemaka Amarasuriya has said in the company’s annual report which is themed this year on "Furnishing Results."

"Furniture is the category that blends the household durables offer together, commanding space in every room of the modern home. Singer is the style and quality leader and we predict that as distribution unfolds island-wide, we are destined to be the national category leader as well," he said.

2013 has seen Singer group revenue virtually flat with a marginal increase of 0.4% and the profit after-tax slumping 57.1% to Rs.522.1 million.

http://www.island.lk/index.php?page_cat=article-details&page=article-details&code_title=101842

dhanurrox


Vice President - Equity Analytics
Vice President - Equity Analytics

BTW SINI is at very attractive level. Wink Wink 

Jackverson01


Stock Trader

Hey Guys well that's amazing article about marketer leader in office furniture situated in Sri-Lanka.Thanks for sharing!!

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