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In 2017 the beer market in Sri Lanka grew by 24-25%. According to the Finance Ministry, during the first eight months of 2017, revenue from excise duty on liquor and cigarettes has significantly decreased by 5.9% to LKR 73.7 billion and by 8.1% to LKR 54.6 billion, due to a drop in the volume of sales.
Lion Brewery or Lion Brewery (Ceylon) PLC is a predominantly Sri Lankan owned and operated brewery. The company is listed on the Colombo Stock Exchange and its stock is part of the S&P Sri Lanka 20 Index. Lion Brewery produces the highest selling beer, Lion Lager, in both Sri Lanka and the Maldives.
W. M. Mendis and Company, is a Sri Lankan beverage alcohol company, with its headquarters in Negombo, Sri Lanka. It is as known one of Sri Lanka's oldest and most renowned liquor manufacturers in Sri Lanka. [2] Considered as one of the pioneers in the field, it still ranks as one of Sri Lanka's largest distillers. [citation needed]
The local beer market is currently occupied by three main brewers. The largest of Sri Lanka's brewers is the Lion Brewery, which is also the oldest brewery in the country. It produces over 80% of Sri Lanka's beers. In 1988 it constructed a new brewery at Biyagama to replace the century-old facility at Nuwara Eliya.
[2] [3] The Cargills Group subsequently spent Rs. 2 billion upgrading the brewery, [4] increasing the capacity from 50,000hL/yr to 600,000hL/yr. [5] [6] In June 2014 it was reported that Cargills was preparing to sell Millers Brewery, [7] the likely purchasers of the company include Distilleries Company of Sri Lanka PLC and Carson Cumberbatch ...
Distilleries Company of Sri Lanka PLC (DCSL) is a diversified Sri Lankan conglomerate listed on the Colombo Stock Exchange with a market capitalisation of US$600 Million. [3] It was one of the first Sri Lankan companies included in Forbes's list of non-US Best Managed companies valued under US$1 billion. [4]
The complex was designed by Gemmu Fernando of the Design Group Five International (Pvt) Ltd [2] and constructed by Tudawe Brothers Limited. Construction of the three-storey 13,000 m 2 (140,000 sq ft) shopping complex, with 88 tenancies, developed around a central atrium was completed in 1991 and formally opened on 4 April.
Keells is a Sri Lankan supermarket chain operated by Jaykay Marketing Services (Pvt) Ltd., a subsidiary of the John Keells Group. [1] Established in 1991, [1] [2] Keells has grown to operate 135 outlets across the country, positioning itself as one of the leading retail chains in Sri Lanka alongside other retailers such as Cargills, Glomark, Spar, and Arpico.