Ozific Lanka contributing Rs. 50m. in foreign exchange

Hathoon Sheriffdeen

Contribution: 'Ozific Lanka (Pvt) Limited enjoys a great amount of economies of scales through its centralization of trade. We came into business in Sri Lanka just an year before. Our contribution of foreign exchange revenue has reached 50 million Sri Lankan rupees last year.

"Which is the difference of foreign exchange Ozific Lanka (Pvt) Limited spent on its imports and the amount of foreign exchange earned through its exports, General Manager, Ozific Lanka (Pvt) Limited, Chandima Gunawardana told the "Daily news".

'We are a limited liability Sri Lankan company incorporated under the Companies Act. The headoffice is in Sidney, which acts as a centralised managing office for all the business transactions of various branches of Ozific. Ozific's headquarters buys tuna products and noodles in bulk and distributes to its various branches across the countries.

This enhances economies of scale and we are able to give Sri Lankan consumers a global product at an affordable price, he said.

"Ozific Lanka (Pvt) Limited imports tuna products from various countries in the southern part of the world and "indomie" brand noodles from Indonesia. We export tea as well on different conditions, he said.

Ozific tuna is available in cans as Ozific tuna flacks and Ozific tuna sandwich spreads in supermarkets in Sri Lanka".

We have imported one container, which contains 50000 cans last year to the Sri Lankan market, he said.

When Daily News told Gunawardana, that Sri Lanka is bestowed with tuna and that people have enough fresh tuna fish, he said that the tuna available in Sri Lanka is fresh but not every time do people can enjoy it.

"It's the advantage of globalization to give tuna at an economical price to enjoy it in an easy form. Since the taste of the Ozific tuna is acceptable by the people and it's in instant form we have enough demand in the market than we expected at the start.

Sixty percent of tuna sold and the remainder is available in the market. This year we are planning to import another container, he said.