SRI LANKA ALUMINIUM

BY SWINEETHA DIAS WICKRAMANAYAKE
SRI Lankan aluminium extrusions manufacturer Lanka Aluminium Industries Ltd has announced that it has experienced its first year of sales decline, after six years of a consistent profit hikes.

Its annual report said that the last financial year saw sales volumes decline 10 per cent over the previous year, although turnover was up due to price increases.

The group posted a revenue of SLRupees 672.5 million, (Pounds 5.17 million), almost double the SLRupees 364.2 million, (Pounds 2.8 million), a year earlier. ...


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