Raigam Wayamba Salterns reports record turnover and major expansion despite industry crisis

Raigam Wayamba Salterns PLC (RWS), Sri Lanka’s only listed salt manufacturer, has recorded a turnover exceeding Rs. 2.5 billion for the 2024/25 financial year marking a 41.5 percent growth despite facing the most severe crisis in the industry’s history.

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Raigam Group of Companies (RGC) Managing Director Kishan Theodore, RGC Chairman Dr. Ravi Liyanage, Senior Director Ganaka Amarasinghe and T. Dharmaraja - Chairman, Raigam Wayamba Salterns PLC

Releasing its annual report at the Centre for Banking Studies of the Central Bank, the company said profit before tax rose from Rs. 440 million to Rs. 495 million, while net profit stood at Rs. 358 million. A dividend of 25 cents per share was declared, benefiting nearly 3,800 shareholders.