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New Wing

by 5m Editor
14 April 2008, at 8:55am

SRI LANKA - Poultry breeder Three Acre Farms Limited (TAFL) plans to relocate some of its operations to a facility, which is being fitted with modern farming equipment and infrastructure, the company said.

"Over the next two years, the commercial broiler operation at Bulathsinghala will be relocated and the existing facility will be converted in to a breeder farm," the group said in its annual report.

Some of the operations now at its farm in Bulathsinghala will be re located to a new facility at Hijra Farm.

The group in 2007 posted 61.4 million rupee profit over 3.2 million, one year back.

Group revenue also increased to 924.5 million from 685.9 million rupees.

The group was able to cushion the rising cost of production from the higher raw material costs by increasing productivity, the report said.

Source: LankaBusinessOnline

5m Editor