The tea industry is likely to witness an 8 per cent year-on-year decline this fiscal due to decreasing export volume following the rise in supply from Sri Lanka, a report said on Friday....
Profitability had fallen 150 bps last fiscal, primarily because of an increase in wages, the report said, adding that in FY23, wages that constitute 20 per cent of total input cost were hiked by 15 per cent....
However, low leverage and negligible capital expenditure( capex) will keep credit profiles stable
经济
商业标准报-经济和政策
2023-09-17 00:00:00.0