Sunday Observer Online
 

Home

Sunday, 29 May 2016

Untitled-1

observer
 ONLINE


OTHER PUBLICATIONS


OTHER LINKS

Marriage Proposals
Classified
Government Gazette

Hayleys posts Rs 6.8 b PBT

Increase in Earnings per Share:

Hayleys PLC posted Profit before Tax (PBT) of Rs. 6.8 billion for the financial year 2015/16, a 7% increase over the previous year.

Earnings per Share (EPS) increased to Rs. 40.05 from Rs. 34.42 per share in the previous year. This strong growth reflects the effectiveness of the Conglomerate’s focused strategy on expanding its core business sectors and ended the year with a Group turnover of Rs. 92 bn. The Group’s Income Tax paid during the year, inclusive of Super Gain Tax, amounted to Rs 2.3 bn.

Hayleys PLC Chairman and Chief Executive, Mohan Pandithage said, “Hayleys has focused on the segments with the greatest long-term growth potential and I am extremely pleased to note that all our sectors have shown profitability while we have further strengthened our market leadership in most of the sectors we operate in.” The Transportation and Logistics Sector contributed Rs. 1.5 billion Profit Before Interest and Tax (PBIT) in profits to the group bottom line.

The sector has continued to drive new business opportunities both locally and internationally and has introduced a number of outstanding innovations across its business segments that boost its service offerings. Among the noteworthy new ventures is the Hayleys - Free Zone, a state-of-the-art entreport trade facility, including cold storage, which offers businesses the opportunity to value-add and repackage products for export.

 | EMAIL |   PRINTABLE VIEW | FEEDBACK

eMobile Adz
 

| News | Editorial | Business | Features | Political | Security | Sports | Spectrum | World | Obituaries | Junior |

 
 

Produced by Lake House Copyright © 2016 The Associated Newspapers of Ceylon Ltd.

Comments and suggestions to : Web Editor