Teejay Archives - Lanka Business News

October 31, 2024

Teejay Group, Sri Lanka’s first multinational textile manufacturer, recorded a Profit after Tax of LKR 0.9 Bn for the first half of the financial year ending 30th September 2024. The Group Revenue reached a notable LKR 32.7 billion, recording an 11% increase compared to the first half of the previous year. Gross Profit of the […]

August 13, 2024

Sri Lanka’s first multinational textile manufacturer, the Teejay Group proudly hosted its Inaugural Sustainability Summit, marking a significant milestone as Sri Lanka’s first-ever sustainability summit in the textile industry on 13th August in Colombo. This event highlighted Teejay’s role as a leader in the industry, not only in financial performance but also in sustainability and […]

August 8, 2024

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Strategic responses to challenges facing the textile manufacturing industry have generated a positive start to 2024-25 for Teejay Lanka PLC, Sri Lanka’s first multinational textile manufacturer. The Group has reported profit before tax of Rs 273.7 million for the three months ending 30th June 2024, reversing a loss of Rs 701 million in the first […]

March 21, 2024

Joins forces with ‘WNPS PLANT’ to part fund reforesting of over 50 Hectares Leading textile manufacturer Teejay Lanka PLC has pledged funding support towards part of the reforestation of a nine-kilometer section of the banks of the Maskeli Oya, a major upstream tributary of one of Sri Lanka’s most important rivers, the Kelani. […]

December 13, 2023

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. The NCE Export Award followed similar accolades for export excellence, including a ‘Best Exporter’ […]

November 2, 2023

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October 23, 2023

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. A five-year Memorandum of Understanding formalised by the two organisations paves the way for creating mutually beneficial opportunities for collaboration […]

October 11, 2023

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). The Annual Report titled ‘Interknitted’ also won one of […]

August 17, 2023

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.” Aptly named ‘Iera’ from a Sanskrit word for water, the laboratory is equipped to […]

August 10, 2023

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. Sri Lanka’s first multinational textile manufacturer has reported revenue of Rs 14 billion for the three months ending 30th June, reflecting […]

Teejay closes H1 charting a strong course for future

Teejay leverages its global expertise to hold the first ever Sustainability Summit for the Textile Industry

Teejay knits resilient start to 2024-25 with profit turnaround in Q1

Teejay supports project which creates a 9-km forest corridor on the banks of Maskeli Oya

Teejay wins Silver in ‘Extra Large’ category at NCE Export Awards

Resilient Teejay bounces back in Q2 amidst improving industry sentiments

Teejay knits new 5-year partnership with University of Sri Jayewardenepura

Teejay wins ‘Best Annual Report in Apparel Sector’ & Merit Certificate at CMA Awards

Teejay opens its own water and chemical testing lab in sustainability milestone

Teejay optimistic with capacity expansion despite challenging Q1