Financial Times

Adawatte Estate ranked No 1 for second consecutive year

Adawatte Estate, Lunugala, managed by Finlays Tea Estates, Sri Lanka, has once again secured the No 1 spot in the Uva Medium category for the season 2008, in addition to an all time high cumulative sale average of Rs 332.73 per Kg for any estate in the Uva planting district, its broker, John Keells (JK) said said.

“Adawatte was able to achieve these feats due to it's remarkable consistency in maintaining the highest standards of manufacture and topping the market with the greatest regularity, throughout the 12 month period,” according to a JK statement.

It also has achieved an all time record price for an OP1 @ Rs 1240 per kg, and a BOP1 grade @ Rs 960 per Kg. Adawatte is renowned for high quality pure orthodox teas, possessing delicate liquoring characteristics particularly during the Uva quality season.


 
Top to the page  |  E-mail  |  views[1]
 
Other Financial Times Articles
> Sampath, LOLC keen on Seylan Bank
> Central Bank rules out any probe into Golden Key
> Mihin to repay SriLankan loans
> Mohan Pandithage, new chief at Hayleys
> SriLankan crew to have new garb
> Special CCC panel on Susantha’s issue
> New electric car hits the market
> CB: Playing with fire
> CSR in a period of recession
> Passport to the world from Institute of Chartered Accountants
> Changes to SriLankan’s FlySmiles programme
> Golden Key depositors storm company head office
> Novel degree on eco-business management
> Opportunities for SL in global credit crisis
> Exporters call for urgent exchange rate adjustment
> President meets Kandy businesspersons
> Airtel launches BlackBerry Solution in Sri Lanka
> Lanka Bunkering Services in damages claim of $1million against JKH/LMS
> Call for realistic exchange rates
> Foreign exchange controls restrict Lankan growth
> Dubai Chamber Chairman assures help for Sri Lankan business interests in Dubai
> Budding entrepreneurs should read biz sections of newspapers
> Business in brief
> India’s Raman Roy joins SLASSCOM advisory board
> Tea prices on road to recovery in 2009
> Asia Capital accounts under auditor’s scrutiny
> Sinotex begins paying compensation to workers
> Lanka’s main pest control company gets certified
> Russian Ruble in 6th devaluation this year
> E-WIS rated Silver in Corporate Accountability Ratings by Sting
> ComBank nominated ‘Bank of the Year’ for the 7th time
> Printcare forms alliance, sets up a global lottery marketing company
> Easy public access to T-Bills
> Private tea sales restricted
> George Steuart’s former chief, director file action
> Bank of Ceylon gets top world ranking
> Hard decisions needed on exports
> Long term supplier credit options could help cushion inflation
> CSE best performing market globally
> HSBC’s home and away scheme wins support
> Upadeshana, counselling service for debtors in distress
> Adawatte Estate ranked No 1 for second consecutive year

 

 
Reproduction of articles permitted when used without any alterations to contents and a link to the source page.
© Copyright 2008 | Wijeya Newspapers Ltd.Colombo. Sri Lanka. All Rights Reserved.| Site best viewed in IE ver 6.0 @ 1024 x 768 resolution