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Ceylon Tobacco profits grow despite less smoking 

Three interim dividends of Rs. 5.50 per ten-rupee share paid
Jump to full article: The [Sri Lanka] Island (lk), 2007-12-09

Intro:

Despite the decline in the number of smokers in the country as well as a drop in the average daily cigarette consumption levels, the Ceylon Tobacco Company (CTC) has posted an after-tax profit of Rs.1.08 billion, up 13.5% from a year earlier, in the nine months to Sept. 30, 2007.

The company has already paid its shareholders three interim dividends totaling Rs.5.50 per ten-rupee share for the period under review and the directors have told shareholders that they are ``confident of delivering a satisfactory return for the year ending December 30, 2007.''

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