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 4.17 billion Sri Lanka Rupees [US$22.96 million]
Kelani Valley Plantations Ltd.
(9.17 billion Sri Lanka Rupees [US$50.51 million]
Bogawantalawa Plantations Ltd.
(4.48 billion Sri Lanka Rupees [US$24.70 million]
of which 68%
Ceylon Tea Services Plc reported sales of 10.71 billion Sri Lanka Rupees (US$59.03 million)
March of 2019.
increase of 16.4%
versus 2018, when the company's sales were 9.20 billion Sri Lanka Rupees.
This was the third consecutive year of growth at Ceylon Tea Services Plc.
Sales of Tea Packets saw an increase
that was more than double the company's growth rate: sales were up
79.3% in 2019, from
898.42 million Sri Lanka Rupees to 1.61 billion Sri Lanka Rupees.
Not all segments of Ceylon Tea Services Plc experienced an increase in sales in 2019:
sales of Bulk Tea and Others fell 39.7% to 166.44 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).