Srilanka, Feb. 17 -- Lions Brewery reported a strong top and bottom line for the quarter (3Q25) and nine months ended 31 December 2024, despite external volatilities stemming from global supply chain disruptions and geopolitical tensions.
The brewery saw its revenue expand 17 percent Year-on-Year (YoY) to Rs. 92 billion for the nine months, while for the 3Q25 period, revenue grew 16 percent to Rs. 31 billion.
The Group recorded a Profit After Tax (PAT) of Rs. 7.5 billion for the nine months, reflecting 17 percent YoY growth, while PAT for the October-December quarter stood at Rs. 2.89 billion.
Pointing out that the cumulative impact of excise duty hikes over the past three years is evident, Lions Brewery noted that total domestic alcohol...