Tag: Sri Lankan companies

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.

All-time Tea Record Price by Somerset Estate

Somerset Estate, Talawakelle achieved an all-time record price of Rs. 890 on a BOPSp grade in the Western High Grown category, which was sold at the eighth E-Auctions for the year held on 23 February.

Singer Launches Sony’s Innovative Entertainment Solutions

Singer Sri Lanka PLC, the country’s premier consumer durables retailer, in a pioneering virtual launch recently unveiled an all new entertainment product portfolio from Sony including 4K UHD Android Television series, new range of Sony Audio systems, Active Noise Cancellation powered Headphones and range of Sony Sound Bars.

Ruwan Appointed Vice Chairman of Hayleys’ UNISYST Engineering

Dipped Products PLC (DPL) donated gloves to the Marine Environment Protection Authority (MEPA) in aid of the national beach cleaning programme conducted in partnership with the Lions Club of Sri Lanka, as part of its ongoing commitment to environmental conservation.

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 Plantations’ Field Officers Presented First NVQ Skills Passport

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 Sri Lanka.

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.

Finally, A Mask That Unmasks All Masks

“Care”, the latest addition to the Oxypura family, is a new kind of face mask that offers protection in multiple environments and emission levels ranging from a normal dust environment to moderately contaminated industrial environments.

Hayleys Group’s Haycarb, DPL and Eco Solutions Donate Rs. 10.6 m in Medical Equipment to IDH

During the ongoing COVID-19 pandemic sweeping across the globe, Hayleys Group stepped up its efforts to help Sri Lanka combat the virus. Haycarb PLC, Dipped Products PLC (DPL) and Eco Solutions – subsidiaries of Hayleys Group – donated urgently required medican and Personal Protective Equipment (PPE) worth Rs. 10.6 million, towards the expansion of the Intensive Care Unit which remains the central facility used to treat COVID-19 patients in Sri Lanka at the National Institute of Infectious Diseases Hospital (IDH).

Hayleys Fentons Secures EPC to Install 4MW Rooftop Solar Project at Hayleys Fabric

Hayleys Fentons, one of the leading integrated engineering solutions specialists in Sri Lanka, entered into a partnership with two of its sister companies, Hayleys Fabric and Hayleys Power to generate renewable energy from the rooftop of one of its primary manufacturing facilities. This would make it one of the largest private sector renewable energy sources in Sri Lanka.

Enhancing Role of Women in Agri Vital for Empowerment: Hayleys Agri MD

Jayanthi Dharmasena, the Managing Director Hayleys Agriculture, one of Sri Lanka’s largest integrated sustainable agri-solutions provider and exporter, speaks to the Daily FT. She shares her vision for an inclusive and equitable agriculture industry in Sri Lanka, capable of transforming male and female farmers into financially-empowered entrepreneurs. She is the first woman to be appointed to the Board of Directors at Hayleys PLC.

‘Puritas Sathdiyawara: Going Beyond’ Completes 6th Annual School Supply Pack Distribution

Under the banner of its flagship ‘Puritas Sathdiyawara: Going Beyond’, Hayleys PLC, one of Sri Lanka’s multinational conglomerates, completed its sixth annual school supply distribution initiative for the 2020 academic year in the North and North Central Provinces. This included contributions from the following companies under the Hayleys umbrella: Haycarb PLC, Advantis, Hayleys PLC, Hayleys Fabric PLC, Dipped Products PLC, Aventura, Hayleys Agriculture, Alumex PLC and Mabroc Teas.

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 Best Tea Plucker Competition Sets Pace for Sri Lankan Tea Industry

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 the judges.

Hayleys Group Wins 27th Singer-MCA Premier League 2020 T20 Tournament

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.

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.

DPL successfully commences reforestation initiative in Hanwella

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 care for in their homes.

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 Strikes Gold with 12 awards at CA Sri Lanka Annual Report Awards 2018

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, including an outstanding 8 Gold Awards in addition to being presented with the coveted Gold Award for Overall Excellence in Financial Reporting.

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