Lanka Milk Foods CWE Limited operates in the Dry, condensed, evaporated products sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Lanka Milk Foods CWE Limited with three other
dairy companies in Asia:
Amrit Corp. Limited
of India
(2017
sales of 474.85 million Indian Rupees [US$7.23 million]
),
Milkfood Limited
of India
(3.89 billion Indian Rupees [US$59.21 million]
), and
Umang Dairies Limited
which is
also
based in India
(2.10 billion Indian Rupees [US$31.98 million]
).
Sales Analysis.
Lanka Milk Foods CWE Limited reported sales of 5.25 billion Sri Lanka Rupees (US$33.60 million)
for the
fiscal
year ending
March of 2017.
This
represents
an
increase of 4.0%
versus 2016, when the company's sales were 5.05 billion Sri Lanka Rupees.
The sales level in 2017 was fairly close to the level five years ago: in 2012, Lanka Milk Foods CWE Limited had sales
of 5.05 billion Sri Lanka Rupees.
Sales of Agriculture saw an increase
that was more than double the company's growth rate: sales were up
30.1% in 2017, from
324.41 million Sri Lanka Rupees to 421.95 million Sri Lanka Rupees.
Lanka Milk Foods CWE Limited also saw significant increases in sales in
Liquid Milk and Others (up 15.9% to 3.63 billion Sri Lanka Rupees)
.
Not all segments of Lanka Milk Foods CWE Limited experienced an increase in sales in 2017:
sales of Powered Milk fell 14.2% to 2.05 billion Sri Lanka Rupees.