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. Read the full article…
In an industry known for requiring large-scale investments to fund lengthy projects, Hayleys Fentons is one of the engineering companies in Sri Lanka leading the pack with confidence, precision and quality. Hasith Prematillake, the Managing Director of Hayleys Fentons, recently spoke to Daily Mirror about the challenges and opportunities anticipated in the construction sector,…
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…
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%…
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…
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…
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. The Group posted strong operating profits which expanded to Rs.6.8 billion from Rs 3.2…
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. According to figures filed with the Colombo Stock Exchange, the Hayleys Group’s globally-ranked subsidiary achieved a profit before…