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 2017.[1]
CTC is engaged in the complete manufacturing process of cigarettes in Sri Lanka, from tobacco cultivation to cigarette production.[1] CTC owns 99% of the market with the remaining 1% comprising of imported cigarettes.[2] Almost 100% of the tobacco used for cigarette manufacturing in Sri Lanka is cultivated in the country, which accounted for approximately 3000 tons of tobacco in 2014.[3] CTC also exports its manufactured cigarettes, which contributes approximately 1% to its overall annual revenue. Headquartered in Colombo, CTC operates via two factories; the Colombo Factory and the Green Leaf Threshing Plant in Kandy.[1]
The CTC cigarette brands include John Player Gold Leaf (JPGL), Jonh Player Navy Cut, Dunhill, Benson & Hedges and Capstan.[1]
CTC in South Asia
CTC exports cigarettes to Maldives and exchange managerial level staff with the British American Tobacco (BAT) subsidiary in Pakistan, Pakistan Tobacco Company.
- ↑ 1.0 1.1 1.2 1.3 Ceylon Tobacco Company PLC. Annual Report 2016, 2017, accessed May 2017
- ↑ N.Arunathilake, M.Opatha, The Economics of Tobacco in Sri Lanka., Economics of Tobacco Control Paper No. 12, Tobacco Free Initiative, World Health Organization, 2003, accessed November 2016
- ↑ Sri Lanka Excise Department, Sri Lanka Excise Department Performance Report 2014, Colombo: Sri Lanka Excise Department, 2015, accessed November 2016
