9. Nestle Lanka
Nestlé Lanka is at number nine in the Business Today TOP 30. The company is celebrating 110 years in Sri Lanka and 150 years globally. Nestlé Lanka continues to perform well and record profitable growth.
Focusing on nutrition, health and wellness the company has aligned its resources on products and brands that fulfill the consumers' requirements. Nestlé Lanka was able to maintain or increase its market share in all categories during the financial year.
Nestomalt, the most popular brand of the company increased its engagement with rural consumers. Milo continued its growth and has been partnering with national schools sporting events around the country. Nestlé's global expertise in child nutrition strengthened its portfolio with Nespray Nutri-up.
Nestlé Lanka contributed more than 6 billion rupees to 25,000 farming families thereby investing in the country's rural economy. The company recorded a revenue of 35.9 billion rupees and a profit after tax of 4,124 million rupees.