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Renuka Holdings Plc Adjusts Valuation Amid Strong Sales Growth and Cost Reductions
Renuka Holdings Plc has recently adjusted its valuation grade, reflecting a more favorable assessment of its financial metrics. The company reported a 14.92% increase in net sales, reaching LKR 4,076.5 million, while raw material costs declined significantly. Its cash reserves also peaked at LKR 8,634.36 million, enhancing its financial stability.
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