New initiative to harness strengths & synergies for greater impact and growth After over five decades of evolution and growth into business entities that individually play nationally significant roles in Sri Lanka’s agriculture sector, nine Hayleys Group companies involved in agriculture have been unified under a single corporate brand ‘Hayleys Agriculture.’ The new entity will harness synergies for…
Hayleys PLC has reported turnover of Rs 54.4 billion and profit before tax of Rs 2.1 billion for the 12 months ending 31st March 2011, a year in which strong performances in most business sectors were recorded. The Blue Chip conglomerate in Sri Lanka’s businesses in Agriculture, Plantations, Consumer Products and Transportation turned in significantly better results in the…
Higher contributions from plantations coupled with internal measures to counter rising raw material costs helped Dipped Products PLC post healthy revenue growth in 2010‐11 and maintain profitability in a year of contracting margins in its hand protection businesses. In financial statements filed with the Colombo Stock Exchange, the Hayleys Group’s globally‐significant rubber glove manufacturer and…
Haycarb PLC, the Hayleys Group’s multi‐national activated carbon manufacturing business and leading activated carbon manufacturer in Sri Lanka, has reported turnover of Rs 6.4 billion and profit before tax of Rs 724 million for the year ending 31st March 2011, a period of challenge as a result of worsening raw material shortages. The continuing strong demand…
Rs 185 million BOT project provides eco-friendly waste water treatment infrastructure for National Holiday Resort on east coast Plans to revive tourism in the picturesque Passikudah bay on Sri Lanka’s east coast reached a milestone on 6th March 2012, with the commissioning of a hi-tech central sewage and waste water treatment plant…
Hayleys PLC has announced the appointment of Ruwan Waidyaratne as Managing Director of Hayleys Advantis Ltd., encompassing group companies in transportation and cargo logistics, with effect from 1st April 2011. He succeeds Mr. M. O. Raban, who retires from the MD position and will function as Executive Director of Hayleys Advantis, which is one of…
A significantly higher tea crop and strong rubber prices have combined to enable Kelani Valley Plantations PLC (KVPL), the Dipped Products (DPL) plantation subsidiary and one of the leading plantation companies in Sri Lanka, to end 2010 with a positive performance from a loss of Rs 28 million in 2009. In figures released to the…
Talawakelle Tea Estates PLC, the Hayleys Group’s plantation subsidiary and one of the leading plantation companies in Sri Lanka, has made a noteworthy return to profitability in 2010. Ranked No.1 at the Colombo Tea Auction for prices amongst the Regional Plantation Companies in the high and low grown elevations during the year, the Company and…
Healthy performances by the Agri Inputs, Plantations, Purification and Transportation sectors have helped the Hayleys Group to post turnover of Rs 38.5 billion and pre-tax profit of Rs 1.5 billion in the nine months ended 31st December 2010. According to income statements filed with the Colombo Stock Exchange, the Blue Chip conglomerate in Sri Lanka’s…
Haycarb PLC, the Hayleys Group’s value-added leading activated carbon manufacturer in Sri Lanka, has reported a pre-tax profit of Rs 548.4 million for the nine months ending 31st December 2010, on a consolidated turnover of Rs 4.7 billion. Group turnover improved by a healthy 27 per cent over the corresponding period of last year, due…