Business
Crysbro steps into ‘leader slot’ in poultry meat production
By Steve A. Morrell
Crysbro, after 50 years in poultry meat production is now a leading brand recognised for quality and consistent standards in producing poultry meat.
The end product and its brand carries with it a mechanised process from feed formulation to manufacture. The optimum process involves various stages of poultry growth culminating in a 35-day growth pattern, ensuring 2.1 kilos per bird within this time-frame.Growth process of day-old chicks to finisher levels also includes growth feed within a life span of 35 days.
The grain is stored in silos for eventual dispersion to farm locations. Farm locations are located away from grain mixing units.
Crysbro Public Relations Manager, Nalin Aluthge said that growth of bird stock is also carried out by farmer groups. Approximately 1,500 farmers in an out-grower system are instructed and monitored constantly on the growth standards to ensure standard growth of bird stock within 35 days. Some 300,000 day-old chicks are distributed to farm locations on a daily basis ensuring stringent guidelines. Mature farm broiler stock is transferred to Gampola and Nawalapitiya, on the 35th day for meat processing and preparation for marketing the finished product.
The buy-back system ensures farmer earnings are substantial with no losses being incurred by them. Parent stock of broiler breed is imported and the offspring is carefully propagated to ensure distinct parent standards. The breeding process is carried out to grow adult stock for farm dispersion. The grain mixing plant is located in a distant site. The entire grain plant mechanized at each stage adheres to a well-controlled atmosphere of precision controlled by computer commands at the plant.
Plant manager, Lalith V.K. Wickramasinga, with his support staff Harsha, Ruwan, and Manoj demonstrated to the visiting media team the transitory process culminating in the mechanized bagging process that transfers bags to silos for storage awaiting dispatch to farm sites.
The grain mixing plant is located in a scenic location in Kurunegala within the coconut triangle ensuring efficiency of the plant.
Aluthge said that the entire process is located in different sites to ensure purity of the product and maintain high standards of Crysbro throughout the Island.
He said that the entire production line comprised working staff of some 1,500 workers at farm sites. They oversee farmer locations to ensure standards are constantly maintained and monitored.
However, the company did not divulge information about the quantity of poultry meat produced per day because of its confidential nature.
Notably, the corporate social responsibility (CSR) programmes of the company ensures that workers and their families are benefited by company welfare schemes such as distribution of school books and instruments for their school-going children. Further, the worker families are entitled to welfare measures including medical assistance.
Crysbro chicken products command about 20 percent of the market share.
Aluthge said that the entire process is so meticulous that the finished product is contamination-free at all stages of production.
Dr. R. A. D. Jeewantha was honoured as the Most Innovative Dentist of the Year at the Business World International Awards, 2025. Organised by the Business World International Organisation, the award ceremony was held recently at the Mount Lavinia Hotel. A graduate of the Faculty of Dental Sciences, University of Peradeniya, Dr. Jeewantha has built a reputation as one of Sri Lanka’s most respected and forward-thinking dental surgeons. After gaining vital experience in Government hospitals, including the Teaching Hospital in Karapitiya, he also served at a leading private hospital before launching his own practice—Doctor J Premium Dental Care in Delkanda, Nugegoda.
His dental clinic is known for offering advanced, patient-focused treatments in restorative dentistry, cosmetic procedures, and implantology, using state-of-the-art technology. Dr. Jeewantha is especially skilled in dental implants, having completed the American Residency Course in Dental Implantology at Roseman University, accredited by the American Academy of Implant Dentistry. Dr. Jeewantha holds fellowships from the International College of Continuing Dental Education (FICCDE) and the Pierre Fauchard Academy (USA). His advanced skills include modern root canal treatments using Mineral Trioxide Aggregate (MTA) for both surgical and non-surgical procedures.
He has completed international trainings in digital dentistry, full-arch implantology techniques like All-on-Four and Zygomatic Systems, and smile design using digital 3D scans. He has participated in global dental events such as the Asia-Pacific Dental Congress and completed training at institutions including the University of Manchester and North Western State Medical University in Russia. His courses have covered everything from intraoral scanning to managing tooth wear. He has previously received many local and international awards. Dr. Jeewantha also serves the community as a Justice of the Peace for All Island.
The Foundation in Biological Studies at IIHS provides a unique alternative for students looking to fast-track their health careers after their Ordinary Level (O/L) exams. This programme offers a direct route to global health careers, bypassing traditional A/Ls. With over 1,000 students already advancing to universities in Australia, the UK, and Finland, IIHS has positioned the course as a reliable launchpad for careers in fields like medicine, nursing, biomedical sciences, and digital health. “This programme is a game-changer, offering a transformative journey into global healthcare education,” said IIHS CEO Dr. Kithsiri Edirisinghe.
Seylan Bank has recorded a Profit before Tax (PBT) of LKR 4,199 million in Q1 2025, marking a 13.36% growth compared to LKR 3,704 million in Q1 2024. Profit after Tax (PAT) rose by 20.29%, reaching LKR 2,761 million, up from LKR 2,295 million in the corresponding period of 2024.
Despite a decrease in net interest income by 8.37% due to market interest rate reductions, the bank’s net fee-based income grew by 13.83%, driven by fees from loans, cards, remittances, and other services. Total operating income for the quarter was LKR 11,258 million, a 3.83% decrease from the previous year, while operating expenses rose by 4.62%, largely due to increased personnel and other operating costs.
Impairment charges were significantly reduced by 83.17%, totaling LKR 262 million, reflecting the bank’s solid credit quality and proactive provisions. The bank’s impaired loan ratio improved to 1.98% from 2.10% in Q1 2024, with a provision cover ratio of 80.74%.
Seylan Bank’s total assets grew to LKR 785 billion, with loans and advances reaching LKR 469 billion and deposits totaling LKR 647 billion. The bank’s capital adequacy ratios remained strong, with the Common Equity Tier 1 Capital Ratio at 13.67% and Total Capital Ratio at 17.64%.
In addition to its financial performance, Seylan Bank continued its commitment to education, opening 16 more “Seylan Pahasara Libraries,” bringing the total to 281 libraries across the island.Fitch Ratings upgraded Seylan Bank’s National Long-Term Rating to ‘A+(lka)’ with a Stable Outlook in January 2025, further underscoring the bank’s financial stability and growth trajectory.
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