The third quarter of 2019/20 proved to be one of resilience and robust performance for Hayleys Group, one of the most diversified conglomerates in Sri Lanka, which achieved a 41% growth in profit-after-tax. This achievement was able to offset the subdued performance of previous quarters, with a cumulative 18% increase in profit-after-tax during the…
Dipped Products PLC (DPL), Hayleys Group’s hand protection/glove subsidiary, released their financials for the nine months ending December 2019. They reported Rs. 23.2 billion Group turnover, with the Hand Protection sector contributing Rs. 13.4 billion to the top line of the Group, while the Plantation sector recorded a turnover of Rs. 9.9 billion for the…
Talawakelle Tea Estates (TTEL) emerged overall winners at the first ever Hayleys Plantations Best Tea Plucker Competition 2020 Palaniselvi, a Tea Harvester from the Bearwell Estate, sealed the win by plucking 9.7kg of prime tea in just 30 minutes (which amounts to a harvesting rate of 19.4 kg/h) gaining the top score of 88.63% from…
Hayleys Group was crowned the new winners of the T20 segment of the 27th Singer-MCA Premier League 2020. Led by Avishka Fernando, Hayleys defeated MAS Intimates Unichela, the defending champions, by six wickets at the final match of the competition, which was held on 26 January at the MCA Grounds. Read more here.
Kelani Valley Plantations PLC (KVPL) bagged six awards for the Hayleys Plantations sector at the National Business Excellence Awards 2019. KVPL cemented its position as one of the most respected plantations in Sri Lanka by winning the Gold Award for Overall Excellence, being only the second plantation company to win this prestigious title since…
In an industry known for requiring large-scale investments to fund lengthy projects, Hayleys Fentons is one of the engineering companies in Sri Lanka leading the pack with confidence, precision and quality. Hasith Prematillake, the Managing Director of Hayleys Fentons, recently spoke to Daily Mirror about the challenges and opportunities anticipated in the construction sector,…
Hayleys PLC, the most diversified multinational conglomerate in Sri Lanka, was ranked number one for the third consecutive year on the prestigious annual LMD Top 100 list, in recognition of the unprecedented top-line growth and resilient performance during the financial year 2017/18 (FY18). This achievement further strengthens the group’s position as one of the largest…
LOT Polish Airlines, a popular European carrier, launched three direct flights per week from Sri Lanka expecting to attract 15,000 more tourists during the current winter season. Holidaymakers, journalists and a trade delegation from Poland and across Europe touched down at Bandaranaike International Airport (BIA) on the inaugural flight from Warsaw to Colombo this week.…
Bags an unprecedented 7 awards across 5 subsidiaries Adjudged overall winners in 5 categories, merit awards in 3 sectors Iconic Sri Lankan multi-national Hayleys PLC, recorded another stellar performance with the group companies bringing home a total of 7 awards, at the recently concluded Presidential Export Awards 2019. The Group’s pioneering activated carbon manufacturing and…
Hayleys PLC showed exemplary leadership by investing over Rs.2.3 billion across the group following the tragic events of Easter Sunday reiterating confidence in the country’s potential. The group’s leading producer of value-added coconut-fibre products, Hayleys Eco Solutions, committed Rs. 500 million towards enhancing its value-added manufacturing capacity. Importantly, the sector recently invested Rs. 225 million…