Lion Brewery (ceylon) PlcCSELK: LION.N0000

Lion Brewery (Ceylon): Revenue and profit rose year-over-year, but tax hikes and demand pressures cloud the outlook

· Issued by Lion Brewery (ceylon) Plc

Revenue and profit after tax grew 12% and 13% year-over-year, respectively, despite volume softness from excise duty hikes and a higher corporate tax rate. Cash position and net assets per share improved, but outlook remains cautious due to ongoing tax and demand pressures.

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