Hirunews Logo
Sugar+Manufacturing+Industry+Reports+Historic+Profit+Levels
Saturday, 04 March 2017 - 17:01
Sugar Manufacturing Industry Reports Historic Profit Levels
7,117

Views
As the state owned sugar manufacturing industry reported historic profit levels, Sri Lanka thanked its cane harvesters for their supportive role in unprecedented success heard for the first time in years.

Minister of Industry and Commerce Rishad Bathiudeen also stated that they are producing less than 10% of their annual sugar needs locally and they need to increase this.

He also added that the Maximum Retail Prices on sugar sales are not helping sugar development efforts, and that he believes removing MRPs can help the sector to be more competitive.
Make a Comment
Make a Comment

DOWNLOAD HIRUNEWS APP ON ANDROID & APPLE