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CLPL Management plans to shift Gampaha factory in April
07 Mar '08
2 min read
At present CLPL's Turnover is around Rs.40.5 mn per month and the management is working to increase the Turnover to Rs. 80 mn per month in the new factory in May 2008 and then increase up to Rs.100 mn per month by the end of the year. This would result in the Company's annual turnover surpassing Rs 1 billion in the Financial Year 2008/09.
Presently CLPL is the largest supplier of footwear to Sri Lankan defense forces and it is expected that this experience will be leveraged to obtain foreign contracts and is negotiating with several potential buyers from the European Union to expand the export sales within this year.
Presently CLPL is the largest supplier of footwear to Sri Lankan defense forces and it is expected that this experience will be leveraged to obtain foreign contracts and is negotiating with several potential buyers from the European Union to expand the export sales within this year.
Ceylon Leather Products PLC
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