Hayleys crosses 100 billion turnover, in 2016 / 17 Leading conglomerate in Sri Lanka, Hayleys PLC concluded the 2016/17 financial year with its strongest performance to-date, setting a new benchmark for the turnover among listed Sri Lankan corporates. Revenue during the year increased by 21% Year-on-Year (YoY) to Rs. 111.4 billion supported by strong performances…
The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 13.5 billion, profit before tax of Rs. 1.19 billion and profit after tax of Rs. 939 million for financial year 2016/17. The earnings per share of equity holders of the company increased to Rs. 27.07 for the year. The Chairman of Haycarb PLC and its…
Dipped Products Group posted Rs. 24 billion Turnover during the financial year 2016-17, 11 percent increase from a year ago. Group Profit Before Tax (PBT) for the year was Rs. 1.06 billion, 53 percent increase from Rs. 691 million recorded for the previous year. The Hand Protection segment contributed Rs. 14 billion to revenue, 12…
In today’s busy world, making sure that you get the right quantity and quality of rest each night has been proven to be vital to long-term health, happiness and well-being. More often than not, it tends to be the mattress which people sleep on that can make the difference between a peaceful night’s rest and…
Hayleys group company and leading plantation company in Sri Lanka, Kelani Valley Plantations PLC (KVPL), took top awards at the recently concluded ‘Ceylon Specialty Estate Tea of the Year Competition’ taking place in Bejing, China. Taking place at the culmination of the ‘Ceylon Tea Week’ organized by the Sri Lanka Tea Board and the Colombo…
Sri Lanka’s leading tea producers from the Hayleys Group and leading plantation companies in Sri Lanka, Kelani Valley Plantations (KVPL) and Talawakelle Tea Estates PLC (TTEL), recorded resounding victories at the recently concluded Forbes and Walker Tea Awards 2016. The two companies, which together comprise the plantation arm of the Hayleys Group, secured a total…
Hayleys Fibre PLC, formerly known as Hayleys Exports, and a global player in the natural fibre products market and a leading coir exporter in Sri Lanka, recorded a commendable turnaround in performance in the financial year 2012 / 2013. Despite a drop in turnover to Rs. 487 million during the year from Rs. 595 million in…
The Hayleys Group – one of the leading and most diversified conglomerates in Sri Lanka – recorded an exceptional financial performance in 12/13, despite challenging conditions in its key global markets and tight macroeconomic policies in the domestic arena. In a filing to the Colombo Stock Exchange, the blue chip conglomerate reported a turnover of Rs.…
Dipped Products PLC, the Hayleys Group subsidiary that accounts for 5% of the global non-medical rubber glove market and leading gloves manufacturer in Sri Lanka, posted strong financial performance for 2012/2013. In a filing to the Colombo Stock Exchange, Dipped Products reported a growth in turnover of 20% equating to Rs. 23.7 Bn and a…
Haycarb PLC, the world class coconut shell based activated carbon manufacturer in Sri Lanka, posted a record performance in the financial year 2012/13. Outpacing growing challenges in traditional markets and rising costs of production, the Hayleys Group’s multinational activated carbon business noted significant achievement of several key performance milestones, in an interim statement filed with…