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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.
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]
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.
Launched in 2001, as a jointly branded product with Belgian brewers, Riva N.V., it was the first wheat beer brewed in Asia. [11] Irish Dark - 7.5% ABV, an Irish-style ale. No longer in production. Irish Dark Red Ale - 4.5% ABV, an Irish-style ale. Grand Blonde - 8.8% ABV. Launched in 2009. [12] Sando Power Strong - 8.8% ABV
Beer (known as pombe in Swahili) is an integral part of Tanzanian society, and local brands hold a strong sense of national pride and economic value. Tanzania is the sixth-largest per-capita consumer of beer in Africa. [3] Over 90% of beer consumption is of homemade-style brews; however the most recognizable bottled brands include: [4]
South Africa was building a defendable total against Sri Lanka as it reached 191-3 in its second innings and a lead of 221 runs on day three Saturday of the second test. Aiden Markram's 55 moved ...
South Africa beat Sri Lanka by 109 runs on the last morning of the second cricket test at St George's Park and swept the series 2-0 on Monday. The odds favored South Africa, which needed five more ...
This article lists the largest companies in Sri Lanka terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes and local business magazine LMD. [1] [2]