Friday Apr 03, 2026
Friday Apr 03, 2026
Friday, 3 April 2026 00:21 - - {{hitsCtrl.values.hits}}
Lanka Milk Foods (CWE) PLC yesterday said it has recovered over Rs. 309.3 million from a longstanding legal claim arising from a breach of contract.
The company said the recovery follows legal proceedings instituted in respect of the claim and will result in a positive cash inflow. The amount is expected to have a material impact on its financial statements for the period ending 31 March 2026, and will be recorded as other income, as applicable.
The share price of Lanka Milk Foods ended down Rs. 1 at Rs. 81.10.
