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Teejay records a positive Q3 despite market challenges

Published in Lifestyle and Fashion
Thursday, 01 February 2024 15:13
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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Resilient Teejay bounces back in Q2 amidst improving industry sentiments

Published in Lifestyle and Fashion
Wednesday, 01 November 2023 11:04
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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Teejay optimistic with capacity expansion despite challenging Q1

Published in Lifestyle and Fashion
Thursday, 10 August 2023 11:16
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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Teejay ends 2022-23 with 70% revenue growth despite tough H2

Published in Lifestyle and Fashion
Wednesday, 17 May 2023 11:55
Businesscafe - Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has ended 2022-23 with noteworthy revenue and gross profit growth demonstrating its resilience in the face of external challenges and higher taxation that pressured profits in the second half of the year. ...
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Strong balance sheet gears Teejay for growth despite challenging Q3

Published in Lifestyle and Fashion
Friday, 10 February 2023 02:55
Businesscafe - Teejay Lanka PLC has reported strong revenue growth for the nine months ending 31st December 2022 as well as for the third quarter of the year, but higher domestic costs, increased taxes and a softening of orders in international markets have impacted the Group’s third quarter profits. ...
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Teejay Lanka consolidates in Q2 to post 6-month revenue of Rs 48.6 billion

Published in Lifestyle and Fashion
Wednesday, 02 November 2022 11:54
Businesscafe - A doubling of synthetic fabric volumes, higher selling prices and the impacts of the depreciation of the Rupee have generated strong growth for Teejay Lanka PLC, enabling Sri Lanka’s first multinational textile producer to close in on its preceding full-year revenue and profit figures by the end of the second quarter of 2022-23. ...
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Sri Lanka’s top textile maker Teejay knits strong start to 2022-23

Published in Lifestyle and Fashion
Friday, 12 August 2022 03:31
Businesscafe - Teejay Lanka PLC has made a positive start to 2022-23 posting Group revenue of Rs 23.9 billion for the three months ending 30th June 2022. ...
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Teejay achieves milestone US$ 250 million in sales in 2021-22

Published in Lifestyle and Fashion
Friday, 20 May 2022 04:42
  Businesscafe - Teejay Lanka PLC has reported a revenue milestone of Rs 50 billion at Group level for FY 2021-22, achieving its first annual sales of a quarter of a billion in US Dollar terms at the rates of exchange that prevailed during the year. ...
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Business leader Ajit Gunewardene to be appointed Chairman of Teejay Lanka PLC

Published in Interviews and Appoints
Friday, 04 February 2022 12:39
  Businesscafe - Teejay Lanka PLC, Sri Lanka’s largest textile manufacturer, has announced that distinguished business leader Mr Ajit Gunewardene is to be appointed Chairman with effect from 17th February 2022, consequent to his appointment as an independent non-executive director of the Company on 1st February. ...
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