Lion Brewery (ceylon) PlcCSELK: LION.N0000

Lion Brewery (Ceylon): Profit and revenue rose, but excise hikes and illicit trade challenge future growth

· Issued by Lion Brewery (ceylon) Plc

Revenue and profit grew year-over-year despite volume declines from excise hikes and illicit alcohol competition. Cash flow and net assets strengthened, but outlook is clouded by potential further tax increases.

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