Singer Finance to Raise Rs. 2Bn via Listed Debenture
Singer Finance PLC plans to raise Rs. 2 billion via the issuance of Listed, Rated, Unsecured, Subordinated Redeemable Five Year debentures of Rs. 100 each.
Fitch Rates Singer Finance’s Sub-Debt Final ‘A-(lka)’
Fitch Ratings has assigned Singer Finance (Lanka) PLC’s (SFL, A+(lka)/Stable) Sri Lanka rupee-denominated subordinated unsecured debentures a final national long-term rating of ‘A-(lka)’.
Haycarb’s Turnover at Rs. 25.4Bn, Profit Before Tax Rs. 4.49Bn for 2020/21
Sri Lankan multinational Haycarb PLC reported revenue of Rs.25.4 billion, profit before tax of Rs. 4.49 billion and profit after tax of Rs. 3.56 billion for the financial year 2020/21, the company announced this week.
Hayleys delivers record PBT of Rs. 19.23 billion; Foreign currency earnings exceed USD 600 million.
The Hayleys Group delivered the highest revenue and profit in its 143-year history during FY 2020/21. The revenue increased to Rs 241.28 billion whilst Net Profit stood at Rs. 14.05 billion a 6% on Revenue. Profit attributable to shareholders recorded a healthy growth to Rs. 7.64 billion, compared to Rs. 372.42 million the previous year.
Haycarb posts record turnover of Rs. 25.4 b, profit before tax of Rs. 4.49 b in FY21
The Sri Lankan multinational Haycarb PLC has reported revenue of Rs. 25.4 billion, profit before tax of Rs. 4.49 billion and profit after tax of Rs. 3.56 billion for the financial year 2020/21. The earnings per share of equity holders of the company was Rs. 10.25 for the year.
HJS Condiments Wins Gold for Plant-based Meat Substitute Products
HJS Condiments, a subsidiary of Hayleys Agriculture Holdings Limited won the “Best Corporate Citizen Sustainability Project” Award at The Best Corporate Citizen Awards 2020 organized by The Ceylon Chamber of Commerce event held recently at Cinnamon Grand.
Dipped Products Soars with Highest Turnover of Rs. 46.4Bn; PBT of Rs. 7.2Bn
Dipped Products PLC (DPL), a global leader in protective handwear and a subsidiary of Hayleys PLC, has delivered phenomenal growth in an extraordinarily challenging year to achieve the company’s highest turnover and profit before tax for the financial year ending 31 March 2021.
Singer Group FY 21 Performance Showcases Dominant Market Leadership and Brand Equity
Showcasing its dominant market leadership and brand equity, the Singer Group yesterday announced a post-tax-profit of Rs. 2.61 billion for FY 2020/21 from Rs. 427.27 million achieved in the previous year.
Hayleys Plantations’ TTEL First RPC to Earn Great Place to Work Certification
Talawakelle Tea Estates PLC (TTEL), a leading member of the Hayleys Plantations sector, set yet another benchmark in the industry as the first regional plantations company (RPC) to earn the Great Place to Work (GPTW) certification in recognition of its dedication to creating positive workplace experiences for its employees.
Singer Wins Retail Brand of the Year
Singer (Sri Lanka) PLC, was recently bestowed with the coveted “Retail Brand of the Year Sri Lanka 2021” award at the 11th Global Banking and Finance Review Awards-one of the most prominent events in the corporate awards calendar.
