Elpitiya Plantations PLC operates in the Roasted coffee sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Elpitiya Plantations PLC with three other
companies in this sector in SRI LANKA :
Maskeliya Plantations PLC
(2020
sales of 3.72 billion Sri Lanka Rupees [US$20.11 million]
),
Talawakelle Tea Estate PLC
(3.89 billion Sri Lanka Rupees [US$21.03 million]
), and
Lankem Developments PLC
(3.23 billion Sri Lanka Rupees [US$17.49 million]
).
Sales Analysis.
Elpitiya Plantations PLC reported sales of 3.31 billion Sri Lanka Rupees (US$17.89 million)
for the
fiscal
year ending
March of 2020.
This
represents
a
decrease of 6.8%
versus 2019, when the company's sales were 3.55 billion Sri Lanka Rupees .
Contributing to the drop in overall sales was the 18.2% decline
in Rubber, from 192.23 million Sri Lanka Rupees to 157.17 million Sri Lanka Rupees .
There were also decreases in sales in
Tea (down 9.6% to 2.34 billion Sri Lanka Rupees )
and
Others (down 16.0% to 26.10 million Sri Lanka Rupees )
.
However, these declines were partially offset by the increase in sales of
Oil Palm (up 6.5% to 779.56 million Sri Lanka Rupees )
.