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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.
[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 ...
1960s - Botswana Breweries Limited is started in Francistown to brew Chibuku traditional beer. 1970s - Sechaba Brewery Holdings Limited (SBHL) was set up to hold investments in the beverage sector. 1977 - SAB acquires management control of KBL (40% equity stake). KBL begins bottling Coca-Cola products. 1989 - SBHL is listed on the Botswana ...
Location of Sri Lanka. Sri Lanka is an island country located southeast of the Republic of India and northeast of the Maldives.According to the International Monetary Fund, Sri Lanka's GDP in terms of purchasing power parity is second only to the Maldives in the South Asian region in terms of per capita income.
In September 2005 Asia Pacific Breweries acquired a 60% stake in United Brewery, [3] [4] partnering with the Sri Lankan-based Anandappa family group (20%) and MBL Offshore Limited (20%). [5] Asia Pacific Breweries is a Singaporean-based joint venture between Heineken International and Fraser and Neave .
Airport and Aviation Services (Sri Lanka) Limited; The Associated Newspapers of Ceylon Ltd; B.C.C. Lanka Ltd; B.O.C. Bank; CTB BUS; Lynx BUS; Building Materials Corporation Ltd
LMD 100, dubbed as "Sri Lanka's Fortune 500", annually lists the leading 100 quoted companies in Sri Lanka. Only the top 10 companies are listed below. All revenue figures reported before the financial year ending 2024. [2] [3]