Cargills (Ceylon) PLC engages in the manufacturing, trading, distribution, and retail of food and beverage products in Sri Lanka and internationally. It operates through four segments: Retail, Food and Beverage Manufacturing and Distribution, Restaurant, and Real Estate. The Retail segment involves the operation of retail outlets under the Food City, Cargills Express, and Food Hal brand names; Cargills Online, an e-commerce platform. The Food and Beverage Manufacturing and Distribution offers ice cream and other dairy products, fruit based products, processed and fresh meat products, biscuits, distribution of international FMCG products and production, importation, and distribution of agricultural seeds. The Restaurant segments involves operation of Kentucky Fried Chicken (KFC) and TGIF restaurants under franchise agreements. The Real Estate segment operates as Cargills Square shopping and entertainment malls. The company also offers dairy products such as fresh and value-added milk, cheese, butter, and set and drinking Yoghurt under Kotmale brand; confectionaries, such as biscuits, wafers, crackers and chocolate enrobed biscuits under Kist brand; processed meat products, fresh meats, and cold cuts under the Goldi, Sam's, and Cargills Finest brand names; beverages including nectars, cordials, fruit juices, squash concentrates, carbonated fruit drinks, and carbonated soft drinks, as well as bottled water; condiments including jams, sauces, treacle, vinegar, and chutneys. In addition, the company provides financial, leisure, and hospitality services, and operates theatres. Further, it produces, imports, and distributes local and imported seeds, insect proof nets, plastic mulching, plant stimulants, agricultural water pumps, non-chemical pest control systems, and micro irrigation systems. The company was founded in 1844 and is headquartered in Colombo, Sri Lanka. Cargills (Ceylon) PLC is a subsidiary of C T Holdings PLC.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
The market is up 1.3% in the last 7 days, led by the Consumer Staples and Financials sectors. The market is up 76% over the last 12 months. Looking forward, earnings are forecast to grow by 36% annually. Market details ›