Dipped Products PLC, (DPL) the Hayleys Group’s multi-national gloves manufacturer in Sri Lanka, has posted striking top and bottom line growth for the first half of 2011-12, with higher performance-based growth in manufacturing and capital gains from the sale of shares in the second quarter of the year. Helped by softening latex prices and strategic…
Similar contributions from Hand Protection and Plantations in the first quarter of 2011-12 have generated noteworthy growth for Dipped Products PLC, (DPL) the Hayleys Group’s globally-significant rubber gloves manufacturer in Sri Lanka. Turnover increased by a solid 43 per cent to Rs 4.7 billion in the quarter reviewed, with the Hand Protection segment contributing Rs…
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…