Ceylon Tobacco Company

Ceylon Tobacco Company PLC (CTC) is a Sri Lankan tobacco company engaged in the manufacture, marketing and export of cigarettes.[4] It is a subsidiary of British American Tobacco.[5][6] CTC is the second largest company traded on the Colombo Stock Exchange.[7] CTC enjoys a virtual monopoly in the manufacture of cigarettes in the country.[8][9] Cigarette brands marketed by CTC in Sri Lanka include Bristol, Capstan, Dunhill, John Player Gold Leaf, Lucky Strike, Pall Mall and Three Roses.[10]

Ceylon Tobacco Company PLC
Public
Traded asCSE: CTC.N0000
Industry
  • Tobacco
  • Food and Beverage
Founded1932
Headquarters
Colombo
,
Sri Lanka
Area served
Sri Lanka
Key people
  • S. Rathnayake (Chairman)
  • F. Ferraz (CEO)
Revenue US$ 780 million (2019)[1]
US$ 152.983 million (2019)[1]
US$ 95.348 million (2019)[1]
Total assets US$ 147.337 million (2019)[1]
Total equity US$ 25.535 million (2019)[1]
OwnerBritish American Tobacco
Number of employees
270
ParentBritish American Tobacco Holdings (Sri Lanka) BV (84.13%)
Philip Morris International (8.32%)[1]
Footnotes / references
[2][3]

References
  1. "Ceylon Tobacco Company Annual Report 2019" (PDF). Ceylon Tobacco Company.
  2. "Ceylon Tobacco Company Annual Report 2012" (PDF). Colombo Stock Exchange. p. 70. Archived from the original (PDF) on 2013-12-15. Retrieved 2013-12-15.
  3. "Ceylon Tobacco Company Annual Report 2012" (PDF). Colombo Stock Exchange. p. 72. Archived from the original (PDF) on 2013-12-15. Retrieved 2013-12-15.
  4. "Ceylon Tobacco Company PLC". Financial Times.
  5. Samath, Feizal (21 February 1999). "Snags hold up cigarettes and alcohol advertising ban law". The Sunday Times (Sri Lanka).
  6. "Maithripala's outburst shocks Sri Lanka Inc, CTC denies". Daily FT. 26 September 2013. Archived from the original on 15 December 2013. Retrieved 15 December 2013.
  7. "Listed Company Directory". Colombo Stock Exchange.
  8. Harrison, Frances (22 January 2003). "Crackdown on illicit Sri Lanka tobacco". BBC News.
  9. Prabath Wickrama; Manoj Fernando (13 April 2013). "Defacing the face value of cigarettes". The Nation (Sri Lanka). Archived from the original on 15 December 2013. Retrieved 15 December 2013.
  10. "Ceylon Tobacco Company Annual Report 2012" (PDF). Colombo Stock Exchange. pp. 18–19. Archived from the original (PDF) on 2013-12-15. Retrieved 2013-12-15.


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