INSUBCONTINENT EXCLUSIVE:
Sri Lanka Ceylon Tobacco Company PLC (CTC) in their latest quarterly financials outline that the Government increasing the Excise duty on
cigarettes in August 2018 and March 2019 lead to a price increase of legal cigarettes.As a result, the Ceylon Tobacco Company's sales
volume for the third quarter ended 30th September 2019 had reduced by 11.0% in comparison to the same period last year.
