The Hayleys Group has delivered a record profit in the first six months of FY 2020/21, with pre-tax profit nearly tripling to Rs. 5.52 billion compared to the corresponding period of last year.
The period under review reflects the strongest six months performance in the Group’s operating history and is underpinned by solid improvements in the core performance of the Group’s export-oriented businesses and proactive efforts on driving cost efficiencies through the ‘Haysmart’ program.
Despite numerous challenges stemming from the outbreak of the COVID-19 pandemic, the Group ensured continuity of its businesses while operating under strict guidelines of the relevant authorities and ensuring continued value creation to its employees, suppliers, and other stakeholders.
