Friday 18 September 2015

Lucky Lanka to introduce soya yoghurt to Lanka

Vishmi Wijeratne

The Lucky Lanka Milk Processing Company will introduce 'Sogurt', the first soya based yoghurt in Sri Lanka.

Lucky Lanka's latest product targets individuals who are predominantly concerned with health.

Sogurt will be produced using Soya blended with milk and will attract those who are fans of Soya and yoghurt. It is believed that this product will help boost the company's sales considerably.

Among its other new products Lucky Lanka has introduced 'Gedarata lucky' that delivers dairy items to consumer homes. At present the service is only available around Colombo and suburbs.

However Lucky Lanka hopes to extend this service islandwide giving their consumers the opportunity enjoy yoghurt at any time of the day. The chosen product will be delivered to the doorstep within one hour.

Within the year 2015, Lucky Lanka has invested over Rs. 2.2 million in property and plant equipment. It was stated that the company invested the majority of Rs. 51.5 million on equipment, which will guarantee the quality of production.

Managing Director Namalee Gunawardhana said she believed that the same will be true of the year to come.

The company recorded revenue of Rs. 368,249,352 which is a slight increase when compared to last year's Rs. 365,290,290. The revenue of the sales of yoghurt and fresh milk recorded revenue of Rs. 962,911,905 which is a slight increase when compared to the Rs. 893,123,959 recorded in the same segment in 2014.

"Our top line has increased by 8 % and it was 7% in last year. Though product margins are decreased due to high cost in raw materials, our company did its best to make the operation stable.Significant investments have been made to ensure future stabilization and growth of our company," Gunawardhana said.
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