Business Update16 Sept 2026, 04:50 pm
Kanco Tea Garden Operations Resume Post Flood
AI Summary
Kanco Tea & Industries Ltd has announced the commencement of green tea leaf manufacturing at its Bamonpookrie Tea Estate factory as of September 14, 2026. While operations have resumed, the repair of some machinery is pending due to delays in receiving spare parts from China. The company has submitted final documentation to the appointed surveyor regarding the damage to the entire stock of teas at the factory and awaits their final report for further clarity on the financial impact.
Key Highlights
- Green tea leaf manufacturing resumed at Bamonpookrie Tea Estate.
- Machinery repairs delayed due to imported spare parts.
- Final documents submitted to surveyor for damaged tea stock.
- Awaiting surveyor's report for financial clarity.
Price Impact
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