Hayleys first listed firm to cross $1b turnover
Building on a strong momentum gathered over the final quarter of FY 2017/18, Sri Lanka’s leading diversified conglomerate Hayleys PLC announced a record breaking top-line performance, as revenue expanded by 47% Year-on-Year to Rs. 163.2 billion during the 12 months to 31 March 2018.
Supported by the addition of 6 months of operations from its recently acquired subsidiary, Singer (Sri Lanka) PLC, the conclusion of the financial year marked two important milestones for the Hayleys Group, as it became the first listed entity in the country to surpass annual turnover of US$ 1 billion, while celebrating its 140th year of business in Sri Lanka.
During the year in review, the Hayleys Group made numerous bold new investments across the sectors which the diversified conglomerate operates in, ...
