Sri Lankan bootmaker seeks growth outside its military mainstay
02/11/2017
Sri Lankan footwear and tannery group Ceylon Leather Products has reported a 150% rise in revenue for the year ending March 2017 to Rs 1.6 billion ($10.4 million), driven mainly by new contracts to the armed forces. It posted a profit of Rs 210 million ($1.4 million), up from a loss of Rs 307 million the previous year, according to local press. ...