Businesscafe - Strong net profit growth in the final quarter of 2023-24 has enabled Teejay Lanka PLC to end the financial year on an optimistic note despite the impacts of the appreciation of the Rupee, which contributed to its 12-month results falling below those of the preceding year.
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Businesscafe - Teejay Lanka PLC has maintained its positive trajectory in the third quarter of 2023-24, recording noteworthy pre - and post-tax profit growth for the three months ending 31st December 2023 and reversing the losses of the corresponding quarter of the previous year.
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Businesscafe - Top fabric manufacturer Teejay Lanka PLC and leading business conglomerate Hemas Holdings have joined forces to launch a groundbreaking initiative to promote menstrual hygiene awareness and provide essential resources to underserved communities in rural Sri Lanka.
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Businesscafe - Teejay Lanka PLC took the Silver Award in the ‘Extra Large’ category of the ‘Textiles and Garments’ sector at the Annual Export Awards 2023 presented by the National Chamber of Exporters (NCE), ending 2023 on a winning note.
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Businesscafe - Top textile maker Teejay Lanka PLC has achieved a remarkable recovery from its first quarter losses to post strong top and bottom line figures for the second quarter of 2023-24.
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Businesscafe - Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has expanded its collaboration with academia by entering into a partnership with the University of Sri Jayewardenepura (USJ), the country’s second oldest university.
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Businesscafe - The 2022-23 Annual Report of Teejay Lanka PLC won two awards including the award for ‘Best Annual Report in the Apparel Sector’ at the CMA Excellence in Integrated Reporting Awards 2023, presented by the Institute of Certified Management Accountants of Sri Lanka (CMA).
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Businesscafe - Sri Lanka’s textile manufacturing multinational Teejay Lanka PLC has announced the commissioning of its own water and chemical testing laboratory as a process optimisation initiative as well as a milestone on the Company’s sustainability roadmap – “Abhivarah 2030.”
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Businesscafe - Teejay Lanka PLC has begun 2023-24 with a strong balance sheet, closing an extremely challenging first quarter with cash and cash equivalents of Rs 9.6 billion, despite a decline in earnings.
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