Singer wins People’s Brand of the Year award

Singer Sri Lanka PLC clinched prominent awards at SLIM People’s awards2021, reiterating its dominance in the consumer durables sphere. Singer was crowned SLIM People’s Brand of the Year 2021 award for 15th consecutive timet.

Somerset Estate Betters Its Own All-time Record

Somerset Estate, Talawakelle previously achieved an all-time record price of Rs. 890 on a BOPSp grade in the Western High Grown category at the auction concluded on 24 February. Exactly a month after and almost at the end of the Dimbulla Quality Season, the Estate has bettered its own record at Sale No. 12 held on 24 March by obtaining a premium price of Rs. 980 for the BOPSp grade.

De Silva joins Singer Finance Board

Top professional Ranil De Silva has been appointed to the Singer Finance PLC Board as an Independent Non-Executive Director with effect from 9 March.

Hayleys 1Q Hits Rs. 561M Profit Despite COVID-19

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.

Hayleys Group Delivers Profit Growth in a Challenging Year

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.

Singer Finance Rs. 1 b Debenture Issue Oversubscribed

Singer Finance (Lanka) PLC received a strong vote of confidence from investors with its recent Listed Rated Unsecured Senior Redeemable three year and five year, Rs. 1 billion debenture issue being oversubscribed.

Ensuring Education and a Brighter Future for Communities Hit by CKD

The 6th annual school supply pack distribution for the academic year 2020 was completed by Hayleys Group, the iconic Sri Lankan multinational conglomerate, under the banner of its flagship “Puritas Sathdiyawara: Going Beyond” program. The supply pack included 14 essential school items and was distributed to over 2,600 school students.

Dipped Products Group Posts Improved Performance

Dipped Products PLC (DPL), Hayleys Group’s hand protection/glove subsidiary, released their financials for the nine months ending December 2019. They reported Rs. 23.2 billion Group turnover, with the Hand Protection sector contributing Rs. 13.4 billion to the top line of the Group, while the Plantation sector recorded a turnover of Rs. 9.9 billion for the period.

Haycarb Records Rs. 17.6 b Turnover for 9 Months

Haycarb PLC, a multinational company under the Hayleys PLC umbrella, released their financial statement on their earnings for the nine months ending 31 December 2019. They recorded a revenue of LKR 17.6 billion with LKR 1,578 million as profit before tax (PBT) while profit after tax stood at Rs. 1,275 million.

Hayleys Retains Number One position in 25th Edition of LMD 100

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 and most dynamic corporates in Sri Lanka, and is the sixth time that Hayleys has emerged on top since the inception of the LMD 100.

Hayleys Fentons Unveils New Logo

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.

Strong Sectoral Contributions drive Hayleys third quarter PBT to Rs. 1.7 bn

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 quarter.

Hayleys Completes Hunas Falls sale

Tuesday, 15 January 2019: Hayleys Group sold its shares in Hunas Falls Hotels PLC to Serenity Lake Leisure Ltd. Serenity Lake Leisure is connected to TAD Holdings Ltd, which functions as the local partner of a number of ventures incorporated with Japanese FDIs and handles the administration, management and operations of those businesses that function as sub-brands of one holding company.

Hayleys surpasses Rs 100 Bn turnover in 1HFY18/19

Fueled by topline growth across all of its key business segments, leading diversified conglomerate in Sri Lanka Hayleys PLC posted a 65% Year-on-Year (YoY) increase in turnover up to Rs. 103 billion for the six months period ending 30 September 2018.

Dipped Products posts Rs. 553M PBT in 1H 2018/19

Strong gains from performance improvement initiatives in local operations and significant contribution from overseas marketing operations have generated noteworthy profit growth in 1H of 2018/19 for the Dipped Products Group, a global leader in hand protection.

Haycarb records turnover of Rs. 8.9 b & PBT of Rs. 502M for H1 2018/19

A company which prides itself on its global prominence of being one of the world’s leading manufacturers and marketers of coconut shell activated carbon, Haycarb has relentlessly striven to achieve manufacturing excellence over the years. The company, which is the leading activated carbon manufacturer in Sri Lanka, reported revenue of Rs. 8.9 billion and profit before tax of Rs. 502 million for the six months ending 30 September 2018 and the profit after tax stood at Rs. 428 million.

Back to top