Company has shown 14% revenue growth YoY manily due to increase in jar sealing rings exports to Europe.
Two important attributes of the company are
1. Marketing
2.Innovation
Even DIPD is very good at global marketing and the same strategy of (rubber related ) is mentioned in REP annual report. That is giving price advantage to customers (due to fluctuation of raw material (rubber ) cost ). Further planned customer visits in Europe, and being in touch with overseas customers have made the global marketing success..
Company is continuous in innovating. During the year company invested in " World first natural rubber latex continuous sheeting plant. That is truly Sri Lankan indigenous product.
These attributes are common in companies where scientists become owners like Dr Edwin De Lands Kodak and later Polaroid.
Last edited by Admin on Thu Dec 26, 2019 8:23 am; edited 1 time in total (Reason for editing : Standardised title)
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