FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post


ADVERTISE
Poll

EXCHANGE RATE PREDICTION: 2022

 
 
 
 

View results

ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» WHAT ARE YOUR GOOD OL' DIVIDEND STOCKS?- NOW IS THE TIIME TO INCREASE YOUR STAKE IN THEM
by ADVENTUS Today at 2:42 pm

» LOFC Future
by Equity Win Today at 1:32 pm

» Expolanka Promoter - The Capital Trust Securities WATCH OUT!!!
by ADVENTUS Today at 12:18 am

» FCT.N & CFVF
by nish84 Yesterday at 10:06 pm

» HAPUGASTENNE PLANTATIONS PLC(HAPU.N0000) TP Rs140
by cheetah Yesterday at 9:31 pm

» RHL (Renuka Holdings)
by skyfall Yesterday at 11:51 am

» KOTA is the future gem
by suku502 Yesterday at 11:10 am

» COCR......GOOD TIME TO ENTER
by suku502 Yesterday at 10:46 am

» ACL 200++ AND LCBF 5+++
by Stockbull Yesterday at 9:27 am

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by LHW Yesterday at 7:47 am

» PLR (Prime Lands )Next Value counter.. Fair Value Rs 20
by sakuni Yesterday at 1:32 am

» CAL - Possible multi bagger
by bkasun Tue Sep 27, 2022 4:06 pm

» Ishara Nanayakkara rally - Maharaja
by crs Tue Sep 27, 2022 12:30 am

» Ex-pack Corrugated Cartons PLC
by Prasad123 Mon Sep 26, 2022 12:45 pm

» CARE 150 ++++++
by Stockbull Sun Sep 25, 2022 10:36 pm

» RAL UNTOLD STORY, KEEPING TOUCH
by vijay singh Sun Sep 25, 2022 8:36 pm

» Exterminators Plc (EXT.N)
by ErangaDS Sun Sep 25, 2022 5:18 pm

» LOOK- KZOO
by sureshot Sun Sep 25, 2022 2:51 pm

» THE NEXT OPPORTUNITY - GET IN
by sureshot Sun Sep 25, 2022 1:02 pm

» නිවැරදි වෙලාවට කොටස් මිලට ගත යුතුයි. Stock market for beginners
by D.G.Dayaratne Sun Sep 25, 2022 10:42 am

EXPERT CHRONICLE™

MARKET CHAT


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ »  DIPD achieves highest Turnover of Rs. 46.39 billion(DIPD -Stockcode)

DIPD achieves highest Turnover of Rs. 46.39 billion(DIPD -Stockcode)

2 posters

Go down  Message [Page 1 of 1]

MarketWch

MarketWch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

[ltr]Dipped Products Group achieves highest Turnover of Rs. 46.39 billion(DIPD -Stockcode)[/ltr]
[ltr]Dipped Products PLC (DPL), a global leader in protective handwear and a subsidiary of Hayleys PLC, delivered phenomenal growth in an extraordinarily challenging year to achieve the Company’s highest turnover and profit-before-tax in the financial year ending 31st March 2021. The DPL Group’s turnover increased by 52% to Rs.46.39 billion while profit before tax increased to Rs.7.19 billion during the year.[/ltr]


[ltr]Commenting on the performance, Dipped Products and Hayleys PLC Chairman, Mr.Mohan Pandithage said, “DPL’s performance attests to its resilience and adaptability to rapidly changing dynamics, particularly in an unprecedented year such as 2020/21 which led to dramatic shifts in how organisations operate”.[/ltr]


[ltr]The performance of the year is driven primarily by the Hand Protection sector which demonstrated extraordinary agility in navigating the complexities stemming from the COVID-19 pandemic. The Sector delivered a revenue growth of 70% to Rs.30.41 billion supported by increased capacity utilisation driven by relentless focus on process efficiencies and productivity coupled with capacity expansion and acquisition of new customers. As prevalent conditions led to disruptions in supply chains, DPL leveraged on the strength of its relationships with local farmers through the DPL Firstlight program to secure continued access to raw materials, thereby ensuring consistent value injection across the rural economy. The Plantation sector also performed commendably.[/ltr]


[ltr]Meanwhile, the Hand Protection sector delivered a significant growth in PBT during the year, as margins improved supported by operating efficiencies across manufacturing operations and increased contributions from high-value products. The Sector’s efforts to drive operational excellence through programs such as TPM, Lean and Six Sigma continue to deliver results through sustained improvements in efficiencies and productivity. Dipped Products (Thailand) Limited and ICOGUANTI, the marketing arm based in Italy, also delivered strong growth supported by increased customer penetration.[/ltr]


[ltr]Managing Director of DPL, Mr. Ng Soon Huat attributed the Sector’s superior performance to relentless efforts by the DPL team to ensure continuity of operations despite the many challenges that prevailed. “Our employees rallied together in delivering the Group’s strategy, which enabled us to effectively cater to the increase in demand for gloves during the year”.[/ltr]


[ltr]Established in 1976, Dipped Products is one of the leading non-medical rubber glove manufacturers in the world, and accounts for a 5 percent share of the global market. The company’s products now reach 70 countries. The Board of Directors of Dipped Products PLC comprises Messrs. Mohan Pandithage (Chairman), H.S.R.Kariyawasan (Deputy Chairman), Ng Soon Huat (Managing Director), PushpikaJanadheera (Deputy Managing Director), Dhammika Perera, SarathGanegoda, F.Mohideen, S.Rajapakse, N.A.R. R. S Nanayakkara, S.P. .Peiris, K.D.G Gunaratne, K.M.D.I Prasad, Ms. Y. Bhaskaran (alternate Director to Mr. Dhammika Perera)[/ltr]
[ltr] DIPD achieves highest Turnover of Rs. 46.39 billion(DIPD -Stockcode) Dpl-lo10
 DIPD achieves highest Turnover of Rs. 46.39 billion(DIPD -Stockcode) Hayley10
[/ltr]
[ltr]

 DIPD achieves highest Turnover of Rs. 46.39 billion(DIPD -Stockcode) Image_13
[/ltr]

sakuni


Manager - Equity Analytics
Manager - Equity Analytics

DIPD can achieve  Annualize  EPS over 10  ..Next GEM.
Net Asset 44
EPS 10
Worth more than 60+

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum