Already installed 215 eco-friendly charcoaling units Plans to establish 15 new eco-friendly charcoal units by the end of 2019 Maintains premium prices to green charcoal suppliers Over Rs. 26 mn in long-term loans to upgrade supplier network Forging ahead with the sharing of its breakthrough green-charcoaling technique with local suppliers across the island, pioneering activated…
Hayleys Aviation and Travels (HAT) commenced the first phase in a long term plan to renovate and maintain the Pediatric Chemotherapy Unit of the Apeksha Hospital in Maharagama, starting with refurbishments to facilities available for children under observation at the premises. The Aviation and Travel arm, which is a key business vertical of the Hayleys…
Hayleys PLC, one of the most diversified conglomerates in Sri Lanka, once again proved its strength during challenging conditions, with a notable improvement in turnover and operating performance during the first quarter of the 2019/20 financial year. The Group’s turnover grew by 4% to Rs.52.6 bn during the period, sustained mainly by the top line…
Leading integrated engineering solutions specialist Fentons Ltd. has announced that it had re-branded as ‘Hayleys Fentons’. Since its inception in 1921, Fentons Ltd has been a key player in providing electrical, mechanical and telecommunications engineering solutions, earning a reputation for unmatched industry expertise and awareness. This move is following Hayleys’ acquisition of a further 24.5%…
22nd July, Colombo: Hayleys Free Zone Limited issuing a statement to the media today categorically denied the allegations levelled against the company in connection with importing garbage to Sri Lanka. In light of recent adverse media publicity in relation to 130 container loads of used mattresses that are currently stored at the Hayleys Free Zone…
The iconic Sri Lankan multinational, Hayleys PLC, recorded outstanding growth in revenue and operating profits in the financial year ended 31st March 2019 (FY18/19). The Group revenue expanded by 34% YoY to Rs. 219 bn while operating profit before interest increased by 40% YOY to Rs.15.9 bn. The Group Earnings Before Interest, Tax, Depreciation and…
In recognition of their outstanding achievements, Hayleys Plantations emerged as one of the biggest winners at this year’s Social Dialogue and Workplace Cooperation Awards, organized by the Department of Labour at the Sri Lanka Foundation Institute by securing highest number of prestigious awards. Hayleys Plantations consistently worked to achieve performance excellence across all aspects of…
Iconic Sri Lankan multinational conglomerate, Hayleys PLC, recorded a strong all-round performance in the third quarter of 2018 (3Q18), as the Group turnover rose by 20% Year-on-Year( YoY) to Rs. 59.7 bn, resulting in a sharp 80% YoY increase in Group’s Earnings Before Interest, Tax, Depreciation and Amortisation ( EBITDA) toRs. 9 bn for the…
Wednesday, 16 January 2019: Opening up a world of opportunities for the people in the region, Advantis Projects, a subsidiary of Hayleys Advantis Ltd, which is distinguished for its expertise in transporting oversized and specialized cargo, marked the successful completion of logistics service provision for the construction of the Matara-Beliatta railway line recently. Advantis Projects…
Tuesday, 15 January 2019: Hayleys Group sold its shares in Hunas Falls Hotels PLC to Serenity Lake Leisure Ltd. Serenity Lake Leisure is connected to TAD Holdings Ltd, which functions as the local partner of a number of ventures incorporated with Japanese FDIs and handles the administration, management and operations of those businesses that function…