Sri Lanka’s Royal Ceramics Lanka PLC, which is controlled by businessman Dhammika Perera has decided to expand its Eheliyagoda factory with an investment of Rs. 600 million.
The Company, in a stock market filing announced that the firm’s Board of Directors have approved the expansion program.
RCL believes that the latest move will help it to increase production in the most cost effective manner to meet the market demand.
The firm plans to recover the investment in four years time.
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