The company attributed its top-line growth to a double-digit rise of 15.59% for feed sales and a solid 7.18% increase in flour sales
The reduction stems from improved domestic cereal production and well-managed strategic grain reserves
According to the company, the sharp reversal in profitability was attributed to several compounding factors, including a decrease in the fair value of investments, higher depreciation costs
Post forecasts wheat consumption in MY 2025/26 at 7.82 million MT, a 3% increase over the previous year
Maize accounts for a significant portion of poultry feed, yet Sri Lanka’s local cultivation fulfils less than 50% of national demand