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…
Haycarb PLC, the Hayleys Group’s multi‐national activated carbon manufacturing business and leading activated carbon manufacturer in Sri Lanka, has reported turnover of Rs 6.4 billion and profit before tax of Rs 724 million for the year ending 31st March 2011, a period of challenge as a result of worsening raw material shortages. The continuing strong demand…
Rs 185 million BOT project provides eco-friendly waste water treatment infrastructure for National Holiday Resort on east coast Plans to revive tourism in the picturesque Passikudah bay on Sri Lanka’s east coast reached a milestone on 6th March 2012, with the commissioning of a hi-tech central sewage and waste water treatment plant…
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…
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…