Further with Arrack and Imported Liquor prices going up from last Friday Sri Lankan liquor consumers will now be drinking beer heavily.
Further Sri Lanka's Beer industry is now a monopoly handled by Hari and Mano Selvanathan brothers owned Carsons group led Ceylon Breweries (BREW) that owns Lion Breweries (LION) and Millers Breweries (Three Coins).
Thus several other hard branded liquors are authorized to be imported by Ceylon Breweries as official distributor to Sri Lanka for many Global Liquor brands.
Increase of tax will boost further income to BREW,LION since Sri Lanka is always a Drinking Nation no matter how expensive the liquors are.
Last edited by DealKing on Tue Oct 14, 2014 1:48 pm; edited 1 time in total