Lion Brewery (Ceylon): Revenue and profit rose year-over-year, but excise hikes and illicit trade challenge future growth

About this update from Lion Brewery (ceylon) Plc

Revenue grew 20% year-over-year despite volume declines, with profit after tax up 19% to Rs. 2.18 billion. The industry faces ongoing excise pressure, rising illicit trade, and a forthcoming corporate tax hike to 45%.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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