Ruwan Waidyaratne appointed MD of Hayleys Advantis

Hayleys PLC has announced the appointment of Ruwan Waidyaratne as Managing Director of Hayleys Advantis Ltd., encompassing group companies in transportation and cargo logistics, with effect from 1st April 2011. He succeeds Mr. M. O. Raban, who retires from the MD position and will function as Executive Director of Hayleys Advantis, which is one of…

KVPL records better performance in 2010

A significantly higher tea crop and strong rubber prices have combined to enable Kelani Valley Plantations PLC (KVPL), the Dipped Products (DPL) plantation subsidiary and one of the leading plantation companies in Sri Lanka, to end 2010 with a positive performance from a loss of Rs 28 million in 2009. In figures released to the…

Talawakelle Tea Estates makes turnaround in 2010

Talawakelle Tea Estates PLC, the Hayleys Group’s plantation subsidiary and one of the leading plantation companies in Sri Lanka, has made a noteworthy return to profitability in 2010. Ranked No.1 at the Colombo Tea Auction for prices amongst the Regional Plantation Companies in the high and low grown elevations during the year, the Company and…