Investor Relations Archives - Conglomerates in Sri Lanka

Protecting the Kelani River Basin: KVPL and IUCN partner Surakimu Ganga conservation programme

Investor Relations, News ReleasesBy Anupama Sivaloganathan March 25, 2022

In a landmark conservation partnership, Kelani Valley Plantations (KVPL), a member of Hayleys Plantations, together with the International Union for Conservation of Nature (IUCN), championed the protection of habitats connected to the Kelani River Weoya catchment supporting the Government’s ‘Surakimu Ganga’ programme. The company recently launched the Kelani Valley Protectors Initiative (KVPI) to action a…

ICRA upgrades ratings of Hayleys PLC

Investor Relations, News ReleasesBy Chinthana Amarasena March 18, 2022

ICRA Lanka Ltd. has upgraded the issuer rating of Hayleys PLC (“Hayleys”/ “the Group) to [SL]AA- from [SL]A+; the Outlook remains Stable. ICRA Lanka has also upgraded the issue ratings to [SL]AA- from [SL]A+, assigned to the company’s two-Senior Unsecured Listed Redeemable Debenture programmes, amounting to Rs. 3,527 million and Rs. 3,000 million, respectively while…

Singer Finance to Raise Rs. 2Bn via Listed Debenture

Investor Relations, News ReleasesBy Anupama Sivaloganathan June 16, 2021

Singer Finance PLC plans to raise Rs. 2 billion via the issuance of Listed, Rated, Unsecured, Subordinated Redeemable Five Year debentures of Rs. 100 each. It will issue 10 million debentures initially and in the event of an oversubscription a further 10 million will be offered. Type A debentures would be at a fixed coupon…

Fitch Rates Singer Finance’s Sub-Debt Final ‘A-(lka)’

Investor Relations, News ReleasesBy Anupama Sivaloganathan June 5, 2021

Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL, A+(lka)/Stable) Sri Lanka rupee-denominated subordinated unsecured debentures a final national long-term rating of ‘A-(lka)’. The assignment of the final rating follows the receipt of documents conforming to information previously received. The final rating is in line with the expected rating assigned on March 22, 2021.The debentures…

Haycarb’s Turnover at Rs. 25.4Bn, Profit Before Tax Rs. 4.49Bn for 2020/21

Investor Relations, News ReleasesBy Anupama Sivaloganathan May 23, 2021

Sri Lankan multinational Haycarb PLC reported revenue of Rs.25.4 billion, profit before tax of Rs. 4.49 billion and profit after tax of Rs. 3.56 billion for the financial year 2020/21, the company announced this week. Chairman of Haycarb PLC and its parent company Hayleys PLC, Mohan Pandithage said that the company overcame the impact of…

Hayleys delivers record PBT of Rs. 19.23 billion; Foreign currency earnings exceed USD 600 million.

Investor Relations, News ReleasesBy Anupama Sivaloganathan May 20, 2021

The Hayleys Group delivered the highest revenue and profit in its 143-year history during FY 2020/21. The revenue increased to Rs 241.28 billion whilst Net Profit stood at Rs. 14.05 billion a 6% on Revenue. Profit attributable to shareholders recorded a healthy growth to Rs. 7.64 billion, compared to Rs. 372.42 million the previous year.…

Haycarb posts record turnover of Rs. 25.4 b, profit before tax of Rs. 4.49 b in FY21

Investor Relations, News ReleasesBy Anupama Sivaloganathan May 20, 2021

The Sri Lankan multinational Haycarb PLC has reported revenue of Rs. 25.4 billion, profit before tax of Rs. 4.49 billion and profit after tax of Rs. 3.56 billion for the financial year 2020/21. The earnings per share of equity holders of the company was Rs. 10.25 for the year. Haycarb PLC and its parent company…

HJS Condiments Wins Gold for Plant-based Meat Substitute Products

Investor Relations, News ReleasesBy Anupama Sivaloganathan May 19, 2021

HJS Condiments, a subsidiary of Hayleys Agriculture Holdings Limited won the “Best Corporate Citizen Sustainability Project” Award at The Best Corporate Citizen Awards 2020 organized by The Ceylon Chamber of Commerce event held recently at Cinnamon Grand. . The award was presented to HJS Condiments for its innovative and groundbreaking project titled “Positioning of flavored…

Dipped Products Soars with Highest Turnover of Rs. 46.4Bn; PBT of Rs. 7.2Bn

Investor Relations, News ReleasesBy Anupama Sivaloganathan May 19, 2021

Dipped Products PLC (DPL), a global leader in protective handwear and a subsidiary of Hayleys PLC, has delivered phenomenal growth in an extraordinarily challenging year to achieve the company’s highest turnover and profit before tax for the financial year ending 31 March 2021. The DPL Group’s turnover increased by 52% to Rs. 46.39 billion while…

Singer Group FY 21 Performance Showcases Dominant Market Leadership and Brand Equity

Investor Relations, News ReleasesBy Anupama Sivaloganathan May 19, 2021

Showcasing its dominant market leadership and brand equity, the Singer Group yesterday announced a post-tax-profit of Rs. 2.61 billion for FY 2020/21 from Rs. 427.27 million achieved in the previous year. The Group also reported a profit-before-tax of Rs. 3.82 billion, a six-fold increase, compared to 2020/21. Singer Group’s revenue increased by 23% to Rs.…