Industry Analysis

Ceylon Cold Stores Reports Strong Q1 Results, Reflecting Consumer Spending Recovery

Ceylon Cold Stores PLC, a subsidiary of John Keells Holdings, has showcased robust financial performance for the April-June quarter of fiscal year 2025, signaling a resurgence in consumer spending. The company achieved a top line of Rs. 38.1 billion, marking a 10% increase from the same period in 2023. Operating profits surged by 69% to

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