November 2020 | Conglomerates in Sri Lanka

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Singer, ASUS Introduce 11th Generation Laptops to Sri Lanka

Community, Customers and Suppliers, Employees, News ReleasesBy admin November 21, 2020

The strong partnership between ASUS – the global computer hardware giant, and Singer Sri Lanka has resulted in the advent of 11th generation laptops for the first time in Sri Lanka. This marks another true success story in the country’s Retail Marketing Sector. Read the full article here.

Support your ALMA MATER: The Kingsbury launches Novel ‘GIVING BACK’ Initiative

Community, Employees, News ReleasesBy admin November 17, 2020

Pushing the boundaries in stakeholder engagement, The Kingsbury, which is Hayleys’ Leisure Sector flagship hotel has launched a unique initiative to engage past pupils of schools around the country, who are resident in Colombo. ‘Support Your Alma Mater’ encourages past pupils of these selected schools to indulge in The Kingsbury’s extensive gastronomic fare. Through this…

Hayleys Group grows amidst COVID-19 Pandemic

Community, EmployeesBy admin November 17, 2020

Against the challenging backdrop of the COVID-19 pandemic, the Hayleys Group reported a record profit in the first six months of FY 2020/21, with its pre-tax profit nearly tripling to Rs. 5.52 billion compared to the corresponding period of the previous year. The strong earnings of its key businesses led to a significant increase in…

Singer Sri Lanka puts up strong 2Q show Despite Gloomy Forecast

Community, EmployeesBy admin November 12, 2020

Singer Sri Lanka showcased its resilience in the second quarter by recording robust sales despite a gloomy forecast. The period under review witnessed an increase in furniture, home appliances, and IT product sales, with the pandemic generating an increase in revenue, when compared to a year ago. Read the full article here.

Hayleys Plantations Notch Top 10 Ranks

Community, EmployeesBy admin November 12, 2020

The tea estates of Hayleys Plantations achieved another milestone after the company’s estates secured all of the Top 10 positions for highest Gross Sales Average (GSA) at the auction for Western High Grown tea in September 2020. Six estates of Talawakelle Tea Estates (TTEL), three estates of Kelani Valley Plantations (KVPL) and one estate of…

Exports Propel Hayleys to new Heights; Declares Best-Ever 6 months

Community, EmployeesBy admin November 11, 2020

The Hayleys Group has delivered a record profit in the first six months of FY 2020/21, with pre-tax profit nearly tripling to Rs. 5.52 billion compared to the corresponding period of last year. The period under review reflects the strongest six months performance in the Group’s operating history and is underpinned by solid improvements in…