Dipped Products Group crosses Rs. 2 Bn PBT in 2012/2013



Picture1Dipped Products PLC, the Hayleys Group subsidiary that accounts for 5% of the global non-medical rubber glove market, 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 profit before tax of Rs.  2.2 Bn in the 12 months ending 31st March 2013.

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Mohan Pandithage honoured with Lifetime Achievement Award at Seatrade– SLPTL Awards

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Mr. Mohan Pandithage, Chairman and Chief Executive of the Hayleys Group received the Lifetime Achievement award at the Seatrade – Sri Lanka Ports, Trade & Logistics (SLPTL) Awards ceremony held recently. The award is in recognition of Mr. Pandithage’s contributions to the transportation and logistics industry during his career spanning four decades. The event also saw the Group’s Transportation and Logistics arm, Hayleys Advantis Limited, bagging the Shipping Agent of the Year award.

 

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Hayleys Advantis wins prestigious Seatrade – Shipping Agent of the Year Award

Winner - Hayleys Advantis Limited - Shipping Agent of the Year AwardHayleys Advantis Limited, the Transportation and Logistics arm of diversified blue-chip conglomerate Hayleys Group, won the Shipping Agent of the Year award at the Seatrade – Sri Lanka Ports, Trade & Logistics Awards held recently.

“It is indeed an honour for us to be recognized as the Ship Agent of the Year at such a distinguished forum,” said Managing Director of Hayleys Advantis, Mr. Ruwan Waidyaratne speaking after the event.

 

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Sri Lankan multinational Haycarb surpasses Rs. one billion PAT in 2012/13

Mr Mohan PandithageMr Rajitha KariyawasanHaycarb PLC, the world class coconut shell based activated carbon manufacturer and exporter, 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 the Colombo Stock Exchange.

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Logiventures expands automotive logistics operations in Hambantota

Now accounts for 70% of new vehicles transported from Magam Ruhunupura Mahinda Rajapaksa Port

Logiventures - HambantotaLogiventures, the logistics services subsidiary of the Hayleys Group, has invested in eight acres of land in close proximity to the Magam Ruhunupura Mahinda Rajapaksa Port in Hambantota to build a state-of-the-art logistics hub to support its vehicle transit facility, which opened there in June last year.

 

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Hayleys Group appoints Niran Ranatunga as Managing Director of Mabroc Teas

Niran Ranatunga

The Hayleys Group has appointed Mr. Niran R. Ranatunga as the Managing Director of its tea marketing and export business Mabroc Teas (Pvt) Limited, with effect from 1st April, 2013.

A founder member of Mabroc Teas, which was established in 1988, Ranatunga was appointed to the Board in 1990. He commenced his career in the tea industry in 1980. He has undergone comprehensive training in tea tasting and blending at Lyons Tetley and R. Twinings & Company Limited in the United Kingdom.

 

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Hayleys Group commemorates Earth Hour, reaffirms commitment to energy conservation

Blue-chip conglomerate engages staff and consumers to go beyond the hour

The 60+ is lit; a symbolic gesture of the Group's commitment to reduce impact on the environment, and monitor and manage energy and wasteThe Hayleys Group declared its support of the global Earth Hour initiative by turning off all non-essential lighting at its Group Companies, and committing to take purposeful steps to manage energy and waste through a long-term campaign.

“As a responsible corporate committed to sustainable practices, the Hayleys Group continues to integrate energy conservation into daily operations,” remarked Chairman and Chief Executive Mohan Pandithage. “For the Hayleys Group, strength is diversity, and in our innate ability to engage diverse groups of stakeholders. While turning off all our lights was a powerful symbolic gesture, we believe our Sector Companies should sustain the development of innovative solutions to reduce our impact on the environment, as well as actively monitor and manage energy and waste. We are taking purposeful steps towards this objective.”

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Ruwan Waidyaratne joins Hayleys Board of Directors

Head of blue-chip conglomerate’s Transportation and Logistics Sector appointed to main Board

Ruwan - CopyThe Hayleys Group has appointed Ruwan Waidyaratne a Director of the main Hayleys Board, effective April 1st, 2013.

Waidyaratne counts many years of senior management experience and has been heading the Transportation and Logistics Sector of Hayleys.

 

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Hayleys MGT appoints Rohan Goonatilleke as MD

The Hayleys Group’s cotton and synthetic fabric manufacturing subsidiary Hayleys MGT has appointed Rohan Goonetilleke its Managing Director, effective March1st, 2013.

Mr. Goonetilleke has over ten years of experience in leadership roles within the textile industry. He has formerly served as Director, Brandix  X’pressions Ltd and CLT Apparels (India ) Pvt Ltd – fully owned subsidiaries of Brandix Lanka Ltd.  He has also served as Managing Director/CEO of Textured Jersey Lanka (Pvt) Ltd -a subsidiary of Brandix Lanka Ltd. He has served as MD/CEO of Linea Clothing (Pvt) Ltd – a subsidiary of MAS Holdings Ltd and CEO of Elpitiya Plantations Ltd, a Carson Cumberbatch company.

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Strong 3Q results for expansion focussed Amaya Leisure

Amaya Leisure PLC, the Hayleys Group hospitality sector company that owns or manages several hotel properties, has reported strong revenue and profit growth for the nine months ending 31st December 2012.

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