Ceylon Tea Services Plc operates in the Roasted coffee sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Ceylon Tea Services Plc with three other
companies in this sector in Sri Lanka:
Maskeliya Plantations Ltd.
sales of 3.46 billion Sri Lanka Rupees [US$22.50 million]
Kelani Valley Plantations Ltd.
(6.85 billion Sri Lanka Rupees [US$44.61 million]
Lankem Developments PLC
(3.48 billion Sri Lanka Rupees [US$22.63 million]
Ceylon Tea Services Plc reported sales of 7.30 billion Sri Lanka Rupees (US$47.54 million)
March of 2017.
a very small
increase of 0.8%
versus 2016, when the company's sales were 7.24 billion Sri Lanka Rupees.
Despite this increase, sales are still
below the level achieved in 2015, when Ceylon Tea Services Plc
reported sales of 7.36 billion Sri Lanka Rupees.
Sales of Tea Bags saw an increase
that was more than double the company's growth rate: sales were up
2.5% in 2017, from
6.40 billion Sri Lanka Rupees to 6.56 billion Sri Lanka Rupees.
Not all segments of Ceylon Tea Services Plc experienced an increase in sales in 2017:
sales of Tea Packets fell 21.0% to 281.81 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Ceylon Tea Services Plc also experienced decreases in sales in
Bulk Tea and Others (down 5.7% to 458.97 million Sri Lanka Rupees)