Dipped Products Soars with Highest Turnover of Rs. 46.4Bn; PBT of Rs. 7.2Bn

Dipped Products PLC (DPL), a global leader in protective handwear and a subsidiary of Hayleys PLC, has delivered phenomenal growth in an extraordinarily challenging year to achieve the company’s highest turnover and profit before tax for the financial year ending 31 March 2021. The DPL Group’s turnover increased by 52% to Rs. 46.39 billion while…

Singer Group FY 21 Performance Showcases Dominant Market Leadership and Brand Equity

Showcasing its dominant market leadership and brand equity, the Singer Group yesterday announced a post-tax-profit of Rs. 2.61 billion for FY 2020/21 from Rs. 427.27 million achieved in the previous year. The Group also reported a profit-before-tax of Rs. 3.82 billion, a six-fold increase, compared to 2020/21. Singer Group’s revenue increased by 23% to Rs.…

Hayleys Plantations’ TTEL First RPC to Earn Great Place to Work Certification

Talawakelle Tea Estates PLC (TTEL), a leading member of the Hayleys Plantations sector, set yet another benchmark in the industry as the first regional plantations company (RPC) to earn the Great Place to Work (GPTW) certification in recognition of its dedication to creating positive workplace experiences for its employees. Based on a comprehensive evaluation of…

Singer Partners with MSI

Singer the nation’s premier consumer durables retailer has partnered with Taiwan-based gaming giant MSI (Miscro-Star International) to usher in a new era for Sri Lanka’s gaming and content creating communities. Together with MSI, Singer is now ideally placed to support Sri Lankan gamers and creators to make the gaming experience more competitive, personalised and accessible.…

WISTA Women’s Day Forum discusses ‘Future of SL Logistics and Female Participation’

Women’s International Shipping & Trading Association (WISTA) Sri Lanka concluded yet another successful event held at Cinnamon Grand Hotel to celebrate Women’s Day 2021 with two-panel discussions and members’ fellowship. President of WISTA Sri Lanka NiluMediwaka Wickremasinghe, (Director, SALOTA International) addressed the gathering where she highlighted the importance of achieving gender equality and minimizing the…

Hayleys’ Investments Spree under Dhammika Tops Rs. 45 b in Decade

Exports and service sectors-heavy blue chip conglomerate Hayleys Plc’s investment spree to expand businesses last week crossed the Rs. 45 billion mark since coming under Dhammika Perera’s empire a decade ago, reinforcing its sheer country and growth focus whilst harnessing global opportunities. The surpassing of Rs. 45 billion took place last week when Hayleys acquired…

Singer clinches two awards at Dell Partner Business Conference FY22 for Asia Emerging Markets

Forging its way to remarkable achievements, Singer Sri Lanka PLC, the country’s premier consumer durables retailer has clinched two awards at Dell Partner Business Conference FY22 – Asia Emerging Markets awards. The retail giant was crowned as the Best Performer in both Commercial and Consumer segments in the Distributor category, reiterating its resurgence as the…

The Kingsbury unveils ‘Tenku’ with Japanese Master Chef at helm

The Kingsbury Colombo, known as one of the city’s most indulgent dining destinations, unveils its newest culinary venture, the ‘Tenku’ Japanese restaurant, today, 6 April, at the Hotel’s rooftop. With internationally experienced Japanese Master Chef Toshiyuki Okabe at the helm, the restaurant promises a wide range of authentic dishes and beverages not currently available in…