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, in a performance that reflects the accelerated momentum of the Blue chip conglomerate in FY 2011-12.
Haycarb PLC has reported a revenue growth of 25 per cent to Rs 5.9 billion for the nine months ending 31st December 2011, with stable demand for the Company’s product portfolio supported by improvements in the global marketing, manufacturing and supply chain activities.
Hayleys PLC has reported profit before tax of Rs 3.6 billion for the six months ending 30th September 2011; nearly triple that of the first half of 2010-11. Improved operational indicators in most key sectors of business and substantial capital gains from disposal of investment by some group companies were contributors to this performance.
Haycarb PLC has reported revenue growth of 21 per cent to Rs 3.8 billion for the six months ending 30th September 2011, with stable demand in global markets and the company’s reliable supply stream of high quality carbons with a product mix of value-added carbons protecting its top line in a period of narrowing margins.…
Dipped Products PLC, (DPL) the Hayleys Group’s multi-national gloves manufacturer in Sri Lanka, has posted striking top and bottom line growth for the first half of 2011-12, with higher performance-based growth in manufacturing and capital gains from the sale of shares in the second quarter of the year. Helped by softening latex prices and strategic…
Mohan Pandithage, Chairman and Chief Executive of Hayleys PLC, the leading conglomerate in Sri Lanka, has been appointed as the Honorary Consul of United Mexican States (Mexico) to Sri Lanka effective 13th September 2011. This appointment was announced by the President of Democratic Socialist Republic of Sri Lanka, His Excellency Mahinda Rajapaksa, and the Minister…
— Win 4 Golds, 4 Silvers and 2 Bronze medals for contribution to agriculture — Companies in the agriculture sector of the Hayleys Group have secured a record 10 awards including four Golds, four Silvers and two Bronze awards at the National Agri Business Awards 2011, underlining the Group’s continuing dominance at this annual event.
Strengthens presence in Sri Lankan leisure industry Hayleys PLC and its group companies acquired Amaya Leisure PLC on September 1st 2011, marking a significant milestone in the development of the conglomerate’s Leisure and Aviation business sector. Amaya Resorts and Spas consist of three properties, namely Amaya Lake in Dambulla, Amaya Hills in Kandy and Langdale by Amaya…
Significantly better operational results from most sectors of business have enabled Hayleys PLC to make a vigorous start to FY 2011-12 with striking top and bottom line growth in the first quarter. In results released to the Colombo Stock Exchange, the Blue chip conglomerate in Sri Lanka reported that profit before tax for the three…
Similar contributions from Hand Protection and Plantations in the first quarter of 2011-12 have generated noteworthy growth for Dipped Products PLC, (DPL) the Hayleys Group’s globally-significant rubber gloves manufacturer in Sri Lanka. Turnover increased by a solid 43 per cent to Rs 4.7 billion in the quarter reviewed, with the Hand Protection segment contributing Rs…