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Royal Ceramic Lanka (RCL) PLC controlled by billionaire businessman Dhammika Perera is looking to venture into the Confectionary Business through its non-operating subsidiary Rocell Ceramics Limited, which was recently renamed as Biscuits and Chocolate Company Limited as the initial step for this potential venture.
Biscuits and Chocolate Company Limited, which is a non-quoted and non-operational entity of RCL, owns over a 33-acre land in Homagama. This land was valued at Rs 400 million back in 2019, when the Company acquired it.
The company considers to set up a Chocolate and biscuit manufacturing plant, with a cocoa plantation, targeting both local and export markets. They may also look to explore the possibility of partnering with some of the leading global industry brands.