"It gives me great satisfaction to report that the company posted the best ever operating results in its history during the recently concluded financial year," KFP Chairman, Susantha Ratnayake, has said in the recently issued annual report.
He attributed these results to a rebounding consumer sentiment and spending seen in the latter part of 2013/14 maintaining its momentum in the first half of the year under review.
"Whilst there was a temporary setback to consumer demand on account of the prolonged drought and severe flooding witnessed across the country in the third quarter, the reduction in electricity tariff, fuel prices and the increasing public sector salaries resulted in an increase in disposable incomes," he noted.
"However, the full benefits of these measures in terms of its impact on discretionary spending will only be visible in the ensuing financial year, considering the measures implemented in the last quarter of 2013/14."