Operationally solid Amaya Leisure embarks on expansion
A series of acquisitions and planned developments over the next financial year are projected to lead to more than doubling the capacity of Amaya Leisure PLC, as the Hayleys conglomerate’s hospitality sector company gears to respond to theRead More
KVPL reports PBT of Rs 545 million despite losses in tea
Kelani Valley Plantations PLC (KVPL) posted strong top and bottom line growth in the 12 months ending 31 December 2011. Releasing its fourth quarter figures to the Colombo Stock Exchange, the Hayleys Group Plantation company reported profit beforeRead More
Hayleys MGT proposes Rs 914 million Rights Issue
Hayleys MGT Knitting Mills PLC, fabric supplier in Sri Lanka, has announced plans to float a rights issue to raise Rs 914 million for expansion and to strengthen the company’s balance sheet, subject to Colombo Stock Exchange (CSE)Read More
Talawakelle Tea Estates reports net loss of Rs 73.8 million for 2011
Talawakelle Tea Estates PLC (TTE) and its subsidiaries have reported consolidated turnover of Rs 2.79 billion and a net loss of Rs 73.8 million for the year ending 31st December 2011, a period described by the company asRead More
Hayleys reports record 9-month net profit of Rs 3.6 billion
Blue chip conglomerate in Sri Lanka posts turnover of Rs 46.4 billion at 3Q 2011-12 Hayleys PLC has more than quadrupled net profit and profit attributable to equity holders for the nine months ending 31st December 2011, inRead More