Advantis 3PL Plus First Lankan Logistics Firm with UKAS Accredited ISO 22000:2018 Certification
Advantis 3PL Plus, a member of the Hayleys Advantis Group, set yet another benchmark in the logistics sector by becoming the only Sri Lankan company to obtain the UKAS accredited ISO 22000:2018 certification in food safety management in the ‘storage, distribution and value-added services’ sector certified by SGS Lanka Ltd.
All-in-one interactive flat panel smartboards from Singer
Singer (Sri Lanka), a premier consumer durables retailer recently launched a range of Interactive Flat panel Smartboards to transform the educational experience and cater to the rising needs of remote learning and business purposes.
Kelani Estate achieves an all-time record price
At the weekly E-Auction held on 27 July, Kelani Estate achieved an all-time record price of Rs. 1,550 per kg for a Low Grown BOP grade.
Hayleys Fabric cuts carbon footprint by 15% with country’s largest solar roof
Hayleys Fabric further reduced its carbon footprint by 15 percent with the installation of the largest private sector rooftop solar power system in Sri Lanka, contributing 6,241,500kWh of power per annum to the National Grid.
Singer signs Falan Andrea as Brand Ambassador for Hi-Fi Audio, Sound Bar range
Singer (Sri Lanka) PLC, the country’s premier consumer durables retailer, announced the appointment of the music sensation, Falan Andrea as the new Brand Ambassador for Singer Hi-Fi range.
UN Global Compact announces its 2021 SDG Pioneers
Hayleys Fabric Manager – Sustainability and Innovation Leonie Vaas becomes first Sri Lankan to win Global round of SDG Pioneers for 2021 at UN Global Compact’s Leaders Summit
Amaya renamed as Hayleys Leisure
Amaya Leisure PLC has been renamed as Hayleys Leisure PLC with effect from 30 June 2021, though the properties will retain the Amaya brand.
Acquisition of South Asia Textiles Likely to Weigh on Hayleys Fabric Earnings in Short-term
The purchase of South Asia Textiles Limited by Hayleys Fabric PLC could in the short-term weigh on the combined entity earnings due to decline in margins and the increase in finance cost stemming from the borrowings, which may have been made to fund their April acquisition.
TTEL Consolidates Sustainability Drive with Gold Status
Talawakelle Tea Estates PLC (TTEL), a leading member of the Hayleys Plantations Sector, obtained the Gold status for all three steps of Measure, Reduce and Contribute under the Climate Neutral Now (CNN) initiative of the United Nations Framework Convention on Climate Change (UNFCCC), setting another regional benchmark in the plantations industry.
Dipped Products Sales Could Moderate After Pandemic Fuelled Performance Last Year
The pace of business growth could moderate at Dipped Products PLC in the medium term after the global glove maker for industrial and medical needs recorded soaring sales fuelled mostly by the pandemic and the shift in sales from a key global supplier, which together pushed the firm’s profits to its highest-ever levels.
