Sri Lanka, July 6 -- PGP Glass Ceylon PLC, the country's sole glass packaging manufacturer, saw export sales fall 22 percent to Rs. 5.22 billion in the financial year ended 31 March 2026, from Rs. 6.72 billion a year earlier, as a two-month old repair of its Horana furnace forced management to redirect scarce production capacity to protect domestic supply.
Domestic revenue, in contrast, grew 10.23 percent to Rs. 14.12 billion from Rs. 12.81 billion, according to the company's annual report, helping keep group revenue broadly steady at Rs. 19.35 billion, down marginally from Rs. 19.53 billion.
Profitability, however, slipped. Profit after tax eased to Rs. 4.05 billion from Rs. 4.16 billion, while profit before tax fell to Rs. 5.14 billion ...