Tuesday Nov 26, 2024
Tuesday Nov 26, 2024
Monday, 30 January 2023 00:32 - - {{hitsCtrl.values.hits}}
Litro Gas Lanka Ltd. (LGLL) – Sri Lanka’s largest importer, supplier and market leader of LP Gas – played a pivotal role in empowering the country’s key industries, especially the large-scale dollar-earning industries, during the recent crisis.
Despite the forex crisis, Litro managed to continuously cater especially to the B2B sector to ensure export activities are carried out uninterrupted. During this period, Litro also accommodated the clientele of its only other competitor making sure local industries can carry out their operations swiftly despite the less-than-ideal circumstances.
Apart from facilitating an uninterrupted supply, Litro also supported customers during this period by providing logistical services as well as technical support. The Litro hotline/Call Centre remained active and available to customer queries and complaints 24x7.
Commenting on his experience with Litro, Ceramics Association President and Midaya Ceramics Ltd. Managing Director Anura Yoshi Warnakulasooriya stated: “On behalf of the industry, I would like to commend Litro for ensuring an uninterrupted supply as well as offering price reductions and concessions despite the inflation.
“This has helped our industry, which is very energy-intensive, to remain competitive globally as well as to bring dollars to Sri Lanka during this critical juncture. Litro’s timely and unconditional support helped us to avoid shipment delays and other issues that would have potentially crippled the industry beyond recovery.
Hope they will continue to intervene in a timely manner and protect exporters in the future too.”
Meanwhile, Lanka Confectionery Manufacturers Association — a collective of manufacturers of confectionary items including biscuits —President S.M.D. Suriyakumara also thanked Litro for extending their support to keep the wheels turning despite shortages: “Confectionary industry mostly relies on LP Gas because the alternatives are expensive as well as unsustainable.
“We commend Litro for closely working with us to make sure the industry is prioritised and catered to despite the limitations in the supply.
This protected the industry as well as thousands employed by it. Although 2022 was a turbulent year, the confectionery sector has managed to stay competitive and meet customers’ needs and expectations without fail.”
Litro provided crucial support to several important industries in the country, including exports, in the aftermath of the global pandemic and during one of the worst recessions in recent history.
The continued support enabled many enterprises to achieve an unprecedented turnaround notwithstanding the less-than-ideal circumstances.
Litro’s efforts included facilitating continued supply and maintaining price stability by absorbing losses amounting to Rs. 1.1 billion at the peak of the pandemic in 2021/22. Litro has since returned to profitability by aligning with the global market’s fluctuations and leveraging technology and extensive dealer network to swiftly cater to domestic and industrial sectors.
