Thursday, June 27, 2019

Ceylon Tea Brokers net profit up 13.51%

Chrisantha Perera, Chairman and Waruna de Silva, Director, CEO

Ceylon Tea Brokers PLC reaffirmed its standing as one of the most respected tea brokering companies in Sri Lanka, delivering yet another sterling performance in the financial year ending March 2019, with all key indicators posting outstanding impressions for the financial year ending March 2019.

Net profit recorded a growth of 13.51% over the previous figure, while the gross profits reached Rs.701.59 million, an increase of 17.55% over the previous financial year.

“I’m impressed by the resilience shown during tough times by the CTB team, which continues to deliver outstanding results year after year,” said Crishantha Perera, the Chairman of Ceylon Tea Brokers PLC.

Ceylon Tea Brokers revenue reached Rs.767.64 million, a 17.03% growth over the previous year’s mark of Rs.655.91 million.

Operating profit reached Rs.393.96 million, an increase of 15.30% from the previous year’s Rs.341.67 million.

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