Haycarb’s 1H sales Rs 3.8 billion, PBT Rs 334 million

Haycarb PLC has reported revenue growth of 21 per cent to Rs 3.8 billion for the six months ending 30th September 2011, with stable demand in global markets and the company’s reliable supply stream of high quality carbons with a product mix of value-added carbons protecting its top line in a period of narrowing margins.
In results filed with the Colombo Stock Exchange, the Hayleys Group’s top notch activated carbon manufacturing business reported profit before tax of Rs 334 million and net profit of Rs 279 million for the six months.