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Dimo-Advantis

Advantis Projects & Engineering Opts for Tata Signa 4018.S Prime Movers from DIMO

DIMO, one of Sri Lanka’s leading conglomerates and the authorised distributor for Tata Motors Ltd. in Sri Lanka, delivered 7 units of Tata Signa 4018.S Prime Movers to Advantis Projects & Engineering Ltd., Sedawatte recently. Tata Signa 4018.S Prime Movers delivered to Advantis Projects & Engineering Ltd. offer higher power-to-weight ratio and higher torque at…


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Somerset Estate

All-time Tea Record Price by Somerset Estate

Somerset Estate, Talawakelle achieved an all-time record price of Rs. 890 on a BOPSp grade in the Western High Grown category, which was sold at the eighth E-Auctions for the year held on 23 February. This line of tea was purchased by St. Clair Teas Ltd. and was auctioned through Forbes & Walker Tea Brokers…


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Dipped Products on a tear as pandemic boosts demand for rubber gloves

Dipped Products PLC has seen higher sales for its rubber gloves, due to COVID-19-related healthcare requirements. The company, which has glove making facilities in both Sri Lanka and Thailand, along with its tea and rubber plantations, reported revenues of Rs.12.3 billion for the three months to December 31, 2020 (3Q21), up 55 percent from the…


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Singer Launches Sony’s Innovative Entertainment Solutions

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, in a pioneering virtual launch recently unveiled an all new entertainment product portfolio from Sony including 4K UHD Android Television series, new range of Sony Audio systems, Active Noise Cancellation powered Headphones and range of Sony Sound Bars. The launch event was the first of…


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Hayleys Posts Best-ever PAT of Rs. 8.20b; Foreign Currency Earnings Exceed $443m

The Hayleys Group said yesterday it has maintained remarkable growth momentum in the first nine months of FY 2020/21, delivering its highest ever pre-tax profit of Rs. 11.51 billion which represents a tripling of profitability compared to the corresponding period of last year. “The performance reflects exceptional growth in the core performance of the Group’s…


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DPL Distributes Fertiliser to 1,500 Smallholder Rubber Farmers

Dipped Products PLC (DPL) invested Rs 2.1 million towards the distribution of fertiliser for 1,500 smallholder rubber producers in the Moneragala District. A total of 90,000 kgs of fertiliser was distributed among four DPL Loyalty Farmer societies across the Moneragala District at the event organised for the ninth consecutive year. Read the full article here.


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Puritas Launches 25 Sustainable Initiatives to Celebrate Silver Jubilee

In celebration of its silver jubilee, Puritas announced the launch of 25 initiatives focused on sustainability, aimed at advancing various social and environmental causes such as biodiversity protection, animal rights and welfare, water purification, the distribution of face masks to combat COVID-19. These initiatives also include community and employee outreach and awareness building programs, focused…