Hayleys PLC appoints Noel Joseph to Board of Directors
Sri Lanka’s most diversified conglomerate, Hayleys PLC announced the appointment of Noel Laxman Sanath Joseph to its Board of Directors. Serving as an Independent Non-Executive Director to the Group with effect from 15th March 2017, Joseph is a well-respected industry veteran, possessing over 29 years of experience in the field of engineering and engineering consultancy, in Sri Lanka and overseas.
Hayleys 3Q16 profits grow by 8% to Rs. 1.1 Billion
Leading conglomerate in Sri Lanka Hayleys PLC’s profits after tax rose by 8% Year-on-Year (YoY) to reach Rs. 1.1 billion during the quarter ended 31st December 2016 (3Q16).
Revenue during the quarter increased by a sharp 27% YoY up to Rs. 30 billion buoyed by strong performances across in the Group’s Agriculture, Construction Materials , Transportation & Logistics, and Hand Protection segments, while Operating profits expanded by 24% YoY, reflecting strong growth in core operating activities.
Haycarb records turnover of Rs. 9.4 billion and profit before tax of Rs. 768 million for Q3 2016/17
Haycarb PLC, the Sri Lankan multinational of Hayleys PLC reported revenue of Rs. 9.4 billion and profit before tax of Rs. 768 million for 9 months ending 31 December 2016. The profit after tax stood at Rs. 646 million. The turnover increased by 12%, while the profit before tax and after tax recorded a growth of 9% and 8% respectively compared to the comparative period last year.
Dipped Products’ ‘FirstLight’ endeavor wins Gold at JASTECA CSR/Sustainability Awards 2016
Colombo, March 6, 2017: Dipped Products PLC, Hayleys Group’s internationally renowned glove manufacturer in Sri Lanka, emerged as winners of the Ian Dias Abeysinghe Memorial CSR/Sustainability award at the recently concluded Japan Sri Lanka Technical & Cultural Association (JASTECA) Awards 2016.
