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LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyToday at 3:14 pm by CK

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LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyTue Apr 23, 2019 8:26 am by කිත්සිරි ද සිල්වා

» DFCC.N0000 ( DFCC BANK PLC )
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» Little Known Facts !
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» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
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» HASU.N0000 (HNB ASSURANCE PLC)
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyThu Apr 18, 2019 6:05 pm by Ethical Trader

» EAST WEST PROPERTIES PLC (EAST.N0000)
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LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyWed Apr 17, 2019 6:33 pm by hammurabi

» SEYLAN DEVELOPMENTS PLC (CSD.N0000)
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LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» අනං මනං! #/+?.<>
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» CONN.N0000
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» LION.N0000 (Lion Brewery Ceylon PLC)
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

» NTB.N0000 (NATIONS TRUST BANK PLC)
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» Micro Finance
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» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
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» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyThu Apr 04, 2019 6:53 pm by NIRMALSG

» PLC.N0000 ( People's Leasing and Fiance PLC)
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» VPEL.N0000 (VALLIBEL POWER ERATHNA PLC )
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LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyTue Apr 02, 2019 12:38 pm by malanp

» Sinhala Cinema
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyTue Apr 02, 2019 12:31 pm by yellow knife

» SEYB.N0000 ( SEYLAN BANK PLC )
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyTue Apr 02, 2019 11:23 am by Backstage

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» What to Analyse
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» MTD WALKERS - KAPI
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» In the Meantime, Within Our Shores !
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptySun Mar 31, 2019 11:22 am by කිත්සිරි ද සිල්වා

» PB. N0000 (People's Bank)
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» Obituary Notice.
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyFri Mar 29, 2019 5:07 pm by කිත්සිරි ද සිල්වා

» Re: Financial reports Q1-2019
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyFri Mar 29, 2019 7:45 am by serene

» Save Wilpattu !
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyThu Mar 28, 2019 1:58 pm by puliyanam

» Help him Today, so he can help another Tomorrow
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyThu Mar 28, 2019 7:49 am by serene

» HNB.N0000 ( Hatton National Bank PLC)
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyTue Mar 26, 2019 6:18 am by pjrngroup

» අපිට විතරද පායන්නේ ?
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptyMon Mar 25, 2019 9:06 pm by malanp

» Tourism sector
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» Oman's Oil and Gas Minister Dr. Al Ruhmy arrives in Lanka.
LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 EmptySun Mar 24, 2019 12:11 pm by Ethical Trader

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» JEWS OF SRI LANKA: AN UNTOLD STORY
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LION.N0000 (Lion Brewery Ceylon PLC) - Page 2 Empty Re: LION.N0000 (Lion Brewery Ceylon PLC)

Post by The Alchemist on Thu Jun 22, 2017 3:21 pm

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Cheers !

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Post by sashimaal on Thu Jun 22, 2017 4:34 pm

Thanks Al; yes this is how it should happen.

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Cheers !


Last edited by sashimaal on Thu Jun 22, 2017 9:02 pm; edited 1 time in total
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Post by Ethical Trader on Thu Jun 22, 2017 5:45 pm

Thanks Al, but I don't know what Bala Senas would do.
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Post by Backstage on Sun Oct 22, 2017 12:55 pm


Kingfisher Beer Europe to distribute 2 Lion Brewery brands


The European arm of United Breweries in September has tied up with Sri Lanka’s Lion Brewery, in which Carlsberg holds a stake, to launch two of its beer brands across Europe.

Kingfisher, bought by Heineken is now carrying out distributing and marketing duties for Lion Lager and Lion Stout in the UK, Ireland, Germany, Switzerland, Sweden, Norway and Denmark. “Kingfisher spotted an opportunity with Lion Brewery for customers interested in ‘discovery beers’,” Sharlene Adams, Lion Brewery Head of Experts and New Product Development told the Business Times.

The unit wants to capitalise on the popularity of Lion, the beer market leader in Sri Lanka, with European tourists returning from the country who have acquired a taste for exotic beers, she said. “Consumers now want premium beer.” She noted that Lion Lager is served at 6,000 premium top end restaurants in the UK. “So far the progress during the past two months has been excellent,” Ms. Adams said noting that Lion Brewery’s export business is its growth engine.

Carlsberg owns a 25 per cent stake in Lion Brewery. Lion has a leading market position in the domestic beer industry. Its market share is supported by its entrenched brand and widespread retail coverage, with access to more than 2,250 outlets around Sri Lanka.

The Sri Lankan government has consistently used excise taxes as a tool to boost revenue to bridge budget deficits; consequently, from October 2015 to November 2016, the industry – especially the beer makers – was taxed from multiple fronts through higher excise duties, introduction of beer can taxes and reinstatement of VAT, dampening the competitiveness of beer, according to a Fitch Ratings report in August.
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Post by The Alchemist on Sun Oct 22, 2017 4:11 pm

Backstage - Bottoms up ..... quite literally then

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Post by ruwan326 on Sun Apr 07, 2019 8:52 am

Lion Brewery says cheers to tax cuts


The Lion Brewery (Ceylon) PLC saw its volume bouncing back with better tax policies, after the unfair tax hike it faced four years ago.
The company is just recovering from the 40 per cent volume drop it saw during 2015 onwards when beer excise duties were increased 70 per cent.
In both mild and strong beers, prices were adjusted in November 2017 to reflect the then excise tax structure. However, with the March 2019 budget, prices once again moved upward somewhat as beer taxes were increased by 12.5 per cent.

The conservative and impractical way of approaching taxation for alcohol by the government resulting in price hikes didn’t only harm the company bottom line, but affected consumers at large as they shifted to hard alcohol – both legal and illegal. Lion Brewery CEO, Suresh Shah agrees noting that consumers will seek other avenues when policies on orthodox approaches are imposed on ‘clamping down’ the industry.
In an interview with the Business Times, he noted that there are many other ‘better’ ways to look at regulating alcohol. In a 64,000 km landmass that is Sri Lanka, there are only 28,000 licenced liquor stores.”So on average one liquor store serves 22 km. It’s a given that no one will go 22 km to find alcohol. What eventually happens is that they turn to illicit alcohol,” he noted.

The company’s volumes have been backed by the increase in tourism numbers, apart from the change in taxation. Now Lion Brewery exports two containers a day and has 23 export markets.
Mr. Shah noted that despite the volumes returning, the company’s bottle to can composition won’t change significantly. Nor will they look at immediate expansion.”Depending on the demand we will increase capacity as we go along,” Mr. Shah said explaining that this year will be a year of consolidation for the company.

He also stressed that investment has to be backed by consistent policy. “Policies must create an environment to invest. A company will invest if it gets a return.” He further noted that now investment is not backed by consistent policy which is why there is not much economic growth.
He also said the notion that ‘the government is helping the private sector’ is not true. “It’s actually about assisting the private sector to help the country by creating jobs, new investments, etc.” In this light policy should revolve around ease of doing business for the private sector and reducing their cost of capital -all the while getting them into a positive cycle circle, he added.

He credits the efforts in getting the Singapore Free Trade Agreement (FTA) through. “We are a small economy. There is only so much we can expand. We need to take our businesses overseas. They need to go beyond our shores. So tools like the FTAs to India, China, etc help immensely.”
He further noted that from a 21 million people market to a 1.3 billion people market through the Indian FTA will open unimaginable opportunities. “The Government should re-focus its entire approach to trade. The thinking is good but the implementation is slow. And the liberalisation process is slow mostly owing to politics.”

Mr. Shah highlighted the importance of encouraging firms to export while facilitating the ease of doing business in this country. He also added the public sector needs a wakeup call and must shift its focus from regulating to facilitating. They must appreciate the role played by economic growth in improving the lives of people. He noted that Sri Lanka doesn’t have strong institutions that safeguard and serve people and other institutions at large. Politicians too take advantage of the lack of strong institutions to bully the private sector. He added that the private sector needs to be more united in order to battle these issues.
“We are 22 km away from what will be the world’s second largest economy, we have the busiest sea lane 10 nautical miles from our southern border, we have fertile land and we are a tourism haven. We have so much potential to grow and I hope that potential is realised sooner rather than later.”

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