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Raigam salterns post record profits, outlines expansion drive
Sunday Island
|October 05, 2025
Raigam Wayamba Salterns PLC (RWS), the only listed salt manufacturer in Sri Lanka, yesterday reported a turnover exceeding Rs. 2.5 billion during the 2024/25 financial year, marking a 41.5% growth despite the worst crisis in the industry's history.
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Releasing its annual report at the Centre for Banking Studies of the Central Bank, the company said profits before tax rose from Rs. 440 million to Rs. 495 million, while net profit stood at Rs. 358 million. The group added value of Rs. 1.23 billion to the economy during the year. A dividend of 25 cents per share was approved at the AGM, benefiting nearly 3,800 shareholders.
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