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Daily Mirror - Sri Lanka
|June 02, 2025
In contrast, the Consumer segment recorded a 3 percent revenue decline to Rs. 18.7 billion, reflecting subdued domestic demand, particularly in the first half of the year.
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Domestic branded tea revenue fell 8.8 percent despite a marginal volume rise, weighed by VAT-related pricing pressure. Confectionery revenue slumped 28 percent as consumer sentiment remained weak and compe
This story is from the June 02, 2025 edition of Daily Mirror - Sri Lanka.
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