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February 14, 2020 - Conglomerates in Sri Lanka | Investments in Sri Lanka

Daily Archives: February 14, 2020

Hayleys Group records 41% profit growth in Q3 2019/20

Investor Relations, News ReleasesBy admin February 14, 2020

The third quarter of 2019/20 proved to be one of resilience and robust performance for Hayleys Group, one of the most diversified conglomerates in Sri Lanka, which achieved a 41% growth in profit-after-tax. This achievement was able to offset the subdued performance of previous quarters, with a cumulative 18% increase in profit-after-tax during the…

Dipped Products Group Posts Improved Performance

Investor Relations, News ReleasesBy admin February 14, 2020

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…