Hayleys PLC showed exemplary leadership by investing over Rs.2.3 billion across the group following the tragic events of Easter Sunday reiterating confidence in the country’s potential. The group’s leading producer of value-added coconut-fibre products, Hayleys Eco Solutions, committed Rs. 500 million towards enhancing its value-added manufacturing capacity. Importantly, the sector recently invested Rs. 225 million…
Dipped Products PLC, a global leader in protective handwear and a subsidiary of iconic diversified conglomerate Hayleys PLC, launched a tree planting initiative to plant 26 saplings at the Hanwella rubber factory premises in collaboration with government schools in the area. Furthermore, each of the 41 children present was given a sapling to plant and…
Hayleys PLC, one of the most diversified conglomerates in Sri Lanka, once again proved its strength during challenging conditions, with a notable improvement in turnover and operating performance during the first quarter of the 2019/20 financial year. The Group’s turnover grew by 4% to Rs.52.6 bn during the period, sustained mainly by the top line…
Leading integrated engineering solutions specialist Fentons Ltd. has announced that it had re-branded as ‘Hayleys Fentons’. Since its inception in 1921, Fentons Ltd has been a key player in providing electrical, mechanical and telecommunications engineering solutions, earning a reputation for unmatched industry expertise and awareness. This move is following Hayleys’ acquisition of a further 24.5%…
22nd July, Colombo: Hayleys Free Zone Limited issuing a statement to the media today categorically denied the allegations levelled against the company in connection with importing garbage to Sri Lanka. In light of recent adverse media publicity in relation to 130 container loads of used mattresses that are currently stored at the Hayleys Free Zone…
The iconic Sri Lankan multinational, Hayleys PLC, recorded outstanding growth in revenue and operating profits in the financial year ended 31st March 2019 (FY18/19). The Group revenue expanded by 34% YoY to Rs. 219 bn while operating profit before interest increased by 40% YOY to Rs.15.9 bn. The Group Earnings Before Interest, Tax, Depreciation and…
Iconic Sri Lankan multinational conglomerate, Hayleys PLC, recorded a strong all-round performance in the third quarter of 2018 (3Q18), as the Group turnover rose by 20% Year-on-Year( YoY) to Rs. 59.7 bn, resulting in a sharp 80% YoY increase in Group’s Earnings Before Interest, Tax, Depreciation and Amortisation ( EBITDA) toRs. 9 bn for the…
Puritas Sath Diyawara: Going Beyond distributes school supply pack for 2019 Provides essential school supplies to 2,533 students across 11 schools Each school pack filled with essentials for an entire school year Iconic diversified multinational conglomerate, Hayleys PLC successfully concluded its annual School Pack distribution for the year 2019, as part of the group’s continuing…
Approaching the conclusion of its 140th year of business in Sri Lanka, leading diversified multinational conglomerate, Hayleys PLC announced the launch of a limited edition commemorative stamp in celebration of nearly a century and a half of outstanding business excellence. Hayleys Group Chairman and Chief Executive Mohan Pandithage was joined by the company’s top management…
Brings home 9 Gold Awards including Overall Excellence in Financial Reporting Group subsidiaries shine with 10 sector awards including 7 Gold Awards The Hayleys Group recorded a stellar performance at the CA Sri Lanka’s 54th Annual Report Award Ceremony held on 4th December at the Shangri- la Hotel Colombo receiving a total of 12 awards,…