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…
Companies in agriculture and fibre sectors acknowledgedfor contribution to economy Nationally significant export contributions by companies in the Hayleys Group have been acknowledged with five awards and a Certificate of Merit at the recently concluded Presidential Export Awards. Three Hayleys Group companies in the agriculture and fibre sectors secured awards, with HJS Condiments ‐‐ the largest Sri Lankan…
New initiative to harness strengths & synergies for greater impact and growth After over five decades of evolution and growth into business entities that individually play nationally significant roles in Sri Lanka’s agriculture sector, nine Hayleys Group companies involved in agriculture have been unified under a single corporate brand ‘Hayleys Agriculture.’ The new entity will harness synergies for…
Hayleys PLC has reported turnover of Rs 54.4 billion and profit before tax of Rs 2.1 billion for the 12 months ending 31st March 2011, a year in which strong performances in most business sectors were recorded. The Blue Chip conglomerate in Sri Lanka’s businesses in Agriculture, Plantations, Consumer Products and Transportation turned in significantly better results in the…
Higher contributions from plantations coupled with internal measures to counter rising raw material costs helped Dipped Products PLC post healthy revenue growth in 2010‐11 and maintain profitability in a year of contracting margins in its hand protection businesses. In financial statements filed with the Colombo Stock Exchange, the Hayleys Group’s globally‐significant rubber glove manufacturer and…