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:
Lactose India Limited
of India
(2019
sales of 406.08 million Indian Rupees [US$5.66 million]
),
Umang Dairies Limited
of India
(2.25 billion Indian Rupees [US$31.32 million]
), and
Amrit Corp. Limited
which is
also
based in India
(681.11 million Indian Rupees [US$9.49 million]
).
Sales Analysis.
Lanka Milk Foods CWE Limited reported sales of 5.39 billion Sri Lanka Rupees (US$29.67 million)
for the
fiscal
year ending
March of 2019.
This
represents
a
decrease of 0.6%
versus 2018, when the company's sales were 5.42 billion Sri Lanka Rupees.
Contributing to the drop in overall sales was the 2.5% decline
in Liquid Milk and Others, from 3.96 billion Sri Lanka Rupees to 3.86 billion Sri Lanka Rupees.
.
However, these declines were partially offset by the increase in sales of
Powered Milk (up 2.7% to 1.92 billion Sri Lanka Rupees)
and
Agriculture (up 14.2% to 508.29 million Sri Lanka Rupees)
.