Amidst unprecedented challenges, Hayleys Group remained resilient and recorded a pre-tax profit of Rs. 1.17 billion in the first quarter of the financial year (1Q) while profit-after-tax for the period amounted to Rs. 561.76 million. Read the full article here.
100 Field Officers representing Talawakelle Tea Estates PLC (TTEL), Kelani Valley Plantations PLC (KVPL) and Horana Plantations PLC (HPL) were selected for the National Vocational Qualification (NVQ) and the first-ever National Skills Passport (NSP) programme in the plantations industry. TTEL, KVPL and HPL belong to the Plantations Sector of Hayleys PLC, the leading conglomerate…
In an extremely challenging year, Hayleys Group was able to utilise its inherent geographical and sectoral diversity to deliver an earnings growth, with profit-after-tax increasing by 5% y-o-y and profit attributable to equity holders growing by 40% in 2019/20. Read the full article here.
Hayleys Fabric PLC, pioneering textile manufacturer and subsidiary of Hayleys Group, walked away with the Bronze Award for the Best Integrated Report Design at the Asia Sustainability Reporting Awards (ASRA) 2019. The event was attended by over 200 senior business leaders, sustainability partners, academia, trade associations and advocacy organisations across the region, and was hosted…
Talawakelle Tea Estates PLC (TTEL), a subsidiary of Hayleys Group, walked away with two Silver awards at the Asia Sustainability Reporting Awards (ASRA) 2019, setting another unprecedented benchmark in the tea industry. Due to the ongoing Covid-19 pandemic, the awards ceremony was hosted virtually from Singapore and was attended by over 200 distinguished guests. Read…
The third quarter of 2019/20 proved to be one of resilience and robust performance for Hayleys Group, one of the most diversified conglomerates in Sri Lanka, which achieved a 41% growth in profit-after-tax. This achievement was able to offset the subdued performance of previous quarters, with a cumulative 18% increase in profit-after-tax during the…
Talawakelle Tea Estates (TTEL) emerged overall winners at the first ever Hayleys Plantations Best Tea Plucker Competition 2020 Palaniselvi, a Tea Harvester from the Bearwell Estate, sealed the win by plucking 9.7kg of prime tea in just 30 minutes (which amounts to a harvesting rate of 19.4 kg/h) gaining the top score of 88.63% from…
Hayleys Group was crowned the new winners of the T20 segment of the 27th Singer-MCA Premier League 2020. Led by Avishka Fernando, Hayleys defeated MAS Intimates Unichela, the defending champions, by six wickets at the final match of the competition, which was held on 26 January at the MCA Grounds. Read more here.
Kelani Valley Plantations PLC (KVPL) bagged six awards for the Hayleys Plantations sector at the National Business Excellence Awards 2019. KVPL cemented its position as one of the most respected plantations in Sri Lanka by winning the Gold Award for Overall Excellence, being only the second plantation company to win this prestigious title since…
Hayleys PLC, the most diversified multinational conglomerate in Sri Lanka, was ranked number one for the third consecutive year on the prestigious annual LMD Top 100 list, in recognition of the unprecedented top-line growth and resilient performance during the financial year 2017/18 (FY18). This achievement further strengthens the group’s position as one of the largest…