Brown and Company PLC is well positioned to exploit the opportunities that arise as a result of the economic revival of Sri Lanka, given its long and fruitful association with the consumer public of Sri Lanka, impeccable reputation and brand recognition that the company enjoys.
Financial year 2010/2011 was a period of relative social and political stability is Sri Lanka, and a period of global recovery. The economy grew by 8% in 2010, the highest growth rate seen in Sri Lanka in over 3 decades.
Brown and company are geared to exploit the opportunities arising from the global recovery and local stability. We believe that the North and East are strategic growth areas for the company, given emphasis on agriculture in these areas and the company's strength in this area.
In the last financial year the group's turnover grew by 35.10% to Rs 12.1 bn and net profit grew by 186%
Browns continue to adopt a two pronged strategy of building on its inherent strengths as a trading and manufacturing entity, while making strategic investments in emerging business areas through its investment arm.
Brown and Company PLC and the group is becoming a truly diversified conglomerate with core interests in trading, manufacturing, agriculture, construction, leisure, and plantations. We will continue to invest in the future and in new ideas and technology, ensuring we remain an innovative company and a household name across Sri Lanka.