Ceylon Tobacco Company (CTC)
Ceylon Tobacco Company PLC (CTC) holds the monopoly of cigarette manufacturing and sales in Sri Lanka. It is a subsidiary of British American Tobacco (BAT), which owned 84.13% of the shares in 2018.
CTC is engaged in the complete manufacturing process of cigarettes in Sri Lanka, from tobacco cultivation to cigarette production. CTC owns 99% of the market with the remaining 1% comprising of imported cigarettes. CTC also exports its manufactured cigarettes, which contributes approximately 1% to its overall annual revenue.
The CTC cigarette brands include John Player Gold Leaf (JPGL), Jonh Player Navy Cut, Dunhill, Benson & Hedges and Capstan.
CTC in South Asia
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