📈 JAT Holdings Scales Australian Presence with Perth Manufacturing Facility

• Strategic Expansion: JAT Holdings PLC has officially entered the Australian cabinetry manufacturing segment by securing a fully operational facility in Perth. This follows the success of its premium SEAFORM Perth joint venture. • Market Positioning: The Group introduced Form Cabinetry to target the accessible residential housing segment (kitchens, wardrobes, and panels). This complements the existing SEAFORM brand, which continues to serve the high-end premium market. • Financial Performance: Since inception, the new manufacturing operation has generated over LKR 100 Mn (AUD 503,000) in revenue. This is bolstered by the SEAFORM Perth showroom, which has recorded over LKR 350 Mn (AUD 1.6 Mn) in revenue. • Operational Edge: By establishing local production, JAT aims to bypass high import lead times and rising local construction costs (forecast to rise ~5.3% in Perth). The facility includes integrated software and a skilled workforce, enabling immediate revenue generation. • Economic Impact: This move diversifies JAT’s revenue base into developed markets, strengthening the ICT/BPM integrated manufacturing model and enhancing the global footprint of a Sri Lankan multinational within the furnishing and construction sectors.