Hayleys makes strong start to 2011-12 with 1Q PBT of Rs 854 million
Significantly better operational results from most sectors of business have enabled Hayleys PLC to make a vigorous start to FY 2011-12 with striking top and bottom line growth in the first quarter.
In results released to the Colombo Stock Exchange, the Blue chip conglomerate in Sri Lanka reported that profit before tax for the three months ending 30th June 2011 grew 60 per cent to Rs 854 million, while net profit was up 72 per cent to Rs 606 million, half of the preceding full year’s post-tax profit.
