Healthy growth for Kelani Cables
Kelani Cables PLC has recorded a 11 percent increase during the first
half of this year compared to the corresponding period in 2009.
The company expects an annual sales target of Rs 3.6 billion for the
financial year 2010/2011, Kelani Cables Managing Director Hemantha
Perera told Daily News Business.
The Kelani Cables plant |
“We expect to focus more on increasing our export revenue during this
year, while targeting on new export markets such as South and Eastern
Africa, Mauritius and Seychelles”.
The company participated in the South African International Trade
Exhibition 2010 (SAITEX) and Business linkage program held in South
Africa.
The collaboration of the High Commission for Sri Lanka in South
Africa, Sri Lanka Export Development Board (EDB) organized the
participation of Sri Lankan companies for the exhibition.
The participation in this event supported the company to get an idea
about the market potential for cables in South Africa.
It also helped to find out interested counterparts to work with
Kelani in South Africa.
(CdeS)
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