With the uncertainties surrounding the outcome of not just one, but three sets of elections SriLanka's Tokyo Cement Company (Lanka) PLC cannot expect the construction sector and the cement market to bounce back within 2019 or even in early 2020.

“The country’s private sector and foreign investors will remain cautions until there is some decisive conclusion to the elections. And the winning party’s policies are clearly articulated,”Chairman of the Sri Lanka's Tokyo Cement Company (Lanka) PLC Dr. Harsha Cabral, PC told shareholders in firms 2018/2019 annual report.

Speaking further Dr. Cabral noted that they have taken all possible steps in order to improve the performance of the company for a better future.

“Over the medium term, household demand for cement can be expected to recover, whilst private projects and national development projects are beginning to resume. Tokyo Cement has by now, the infrastructure and capacity in place, to cater to this demand. Therefore, I am more positive of the medium term outlook.”

“On our end we will continue to strengthen our backward and forward integrations to ensure Tokyo Cement’s ability to compete with larger international entrants,” he added.

The full statement conveyed by the chairman is given below: