Record profits for Kahawatte

Ramani Kangaraarachchi

Kahawatte Plantations Limited has recorded a profit of Rs. 104 million in its interim financial statement for the period ended September 30.

This is the highest profit recorded by this company since its privatisation.

CEO Kahawatte Plantations Dan Seevaratnam attributed this success to the employees and to the 'quality' focus that the company has adopted.

Seevaratnam said the company is moving away from an "employment " guarantee model to an "income" guarantee model which ensures a win-win situation for both the workers and the company.

As a result workers are given the opportunity to work extra hours according to their convenient timings and earn an extra income.

This has resulted in more productivity and to achieve higher profits.