HNB PLC yesterday announced the commencement of multiple long-term finance facilities totalling Rs. 8.5 billion for Hayleys PLC and the Group subsidiaries. The agreement was facilitated by HNB’s Corporate Banking Division, which is a key vertical within the bank’s Wholesale Banking Group (WBG). Presently, the WBG manages the banking needs of bulk of the largest…
This Christmas, The Kingsbury Colombo invites you to be ‘Merry and Masked’ as it continues to fulfill its responsibility of keeping safe from COVID-19, during this season of merry making and cheer. Celebrate to your heart’s content with your near and dear ones, either at The Kingsbury or in the comfort of your own home…
The strong partnership between ASUS – the global computer hardware giant, and Singer Sri Lanka has resulted in the advent of 11th generation laptops for the first time in Sri Lanka. This marks another true success story in the country’s Retail Marketing Sector. Read the full article here.
Pushing the boundaries in stakeholder engagement, The Kingsbury, which is Hayleys’ Leisure Sector flagship hotel has launched a unique initiative to engage past pupils of schools around the country, who are resident in Colombo. ‘Support Your Alma Mater’ encourages past pupils of these selected schools to indulge in The Kingsbury’s extensive gastronomic fare. Through this…
Against the challenging backdrop of the COVID-19 pandemic, the Hayleys Group reported a record profit in the first six months of FY 2020/21, with its pre-tax profit nearly tripling to Rs. 5.52 billion compared to the corresponding period of the previous year. The strong earnings of its key businesses led to a significant increase in…
Singer Sri Lanka showcased its resilience in the second quarter by recording robust sales despite a gloomy forecast. The period under review witnessed an increase in furniture, home appliances, and IT product sales, with the pandemic generating an increase in revenue, when compared to a year ago. Read the full article here.
The tea estates of Hayleys Plantations achieved another milestone after the company’s estates secured all of the Top 10 positions for highest Gross Sales Average (GSA) at the auction for Western High Grown tea in September 2020. Six estates of Talawakelle Tea Estates (TTEL), three estates of Kelani Valley Plantations (KVPL) and one estate of…
The Hayleys Group has delivered a record profit in the first six months of FY 2020/21, with pre-tax profit nearly tripling to Rs. 5.52 billion compared to the corresponding period of last year. The period under review reflects the strongest six months performance in the Group’s operating history and is underpinned by solid improvements in…
Hayleys Fabric PLC, pioneering textile manufacturer, has become the first textile manufacturer in Sri Lanka and the fourth local manufacturer to add its name to a growing list of major global corporations committing to the Science-Based Targets initiative (SBTi) for reducing Greenhouse Gas (GHG) emissions and limiting global warming at 1.5°C. Read the full article…
Dipped Products PLC (DPL) donated gloves to the Marine Environment Protection Authority (MEPA) in aid of the national beach cleaning programme conducted in partnership with the Lions Club of Sri Lanka, as part of its ongoing commitment to environmental conservation. Read the full article here.