Hayleys 3Q16 profits grow by 8% to Rs. 1.1 Billion
Leading Sri Lankan conglomerate Hayleys PLC’s profits after tax rose by 8% Year-on-Year (YoY) to reach Rs. 1.1 billion during the quarter ended 31st December 2016 (3Q16).
Revenue during the quarter increased by a sharp 27% YoY up to Rs. 30 billion buoyed by strong performances across in the Group’s Agriculture, Construction Materials , Transportation & Logistics, and Hand Protection segments, while Operating profits expanded by 24% YoY, reflecting strong growth in core operating activities.
