21.54 million a year earlier and it paid shareholders a dividend of 35 cents a share against eight cents the previous year. “Last year’s output was the lowest since 276.86 million kilos (produced) in in 1997,” he said. Perera noted that over the last seven years, Sri Lanka’s tea production has been steadily declining and with total production almost 60 million kilos behind 2014. The low grown segment was the biggest loser with a 40 million kilo loss in this period. The smallholder dominated low grown teas – accounting for nearly 75% of the green leaf harvest – is the most productive elevationally, strongly outpacing both high and mid-grown teas.

Source: The Nation August 15, 2021 00:11 UTC