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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » 08-Nov-2013 Press Release - Hayleys PLC

08-Nov-2013 Press Release - Hayleys PLC

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108-Nov-2013 Press Release - Hayleys PLC Empty 08-Nov-2013 Press Release - Hayleys PLC Fri Nov 08, 2013 9:33 am

sriranga

sriranga
Co-Admin
http://www.cse.lk/cmt/upload_report_file/505_1383880383.pdf


08-Nov-2013 Press Release - Hayleys PLC Hay10

http://sharemarket-srilanka.blogspot.co.uk/

208-Nov-2013 Press Release - Hayleys PLC Empty Sri Lanka's Hayleys group net up 27-pct Fri Nov 08, 2013 2:21 pm

Redbulls

Redbulls
Director - Equity Analytics
Director - Equity Analytics
Nov 08, 2013 (LBO) - Profits at Sri Lanka's Hayleys group rose 27 percent to 468 million rupees in the September 2013 quarter from a year earlier, interim accounts showed.

The group reported earnings of 6.25 rupees per share. For the six months to September the group reported earnings of 11.80 rupees per share on total profits of 886 million rupees, up from 646 million a year earlier, in accounts filed with the Colombo Stock Exchange.

Group revenues rose 14 percent to 20.4 billion rupees and cost of sales rose 15 percent to 15.5 billion rupees, but gross profits also rose 11 percent to 4.8 billion rupees.

Hayleys has interests in export manufacturing, leisure, power and consumer durables.

Hayleys said its activated carbon division had seen a fall in revenue with the downturn in the gold industry.

Its glove factory in Rathupaswala was closed following public protests, where the incident escalated after the state deployed the military against unarmed protesting citizens.

The firm said the closure lost the group about 400 million rupees in revenues.

The firm has denied it was responsible for making water in Rathupaswala area acidic, and todate there has been no scientific evidence has been made public to support claims that its effluent water was responsive.
http://www.lankabusinessonline.com/news/sri-lankas-hayleys-group-net-up-27-pct/76850963

308-Nov-2013 Press Release - Hayleys PLC Empty HAYL Tue Nov 12, 2013 3:02 am

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Very good results from HAYL.
I thought Kingsbury rights and DIPP issues hurts the bottom line but I have to admit that it beats what I was expecting big time. Even though lower taxes help a bit, overall results looks very impressive.

The more I follow this counter the more I fall in love with it. But don't really feel to invest at the moment due to all negative facts..

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