Teejay Lanka Archives - Lanka Business News

January 31, 2025

Teejay Group, Sri Lanka’s first multinational textile manufacturer, announced a Year-to-Date (YTD) Profit after Tax of LKR 1.9 billion for Q3 (third quarter) of FY2024/25, marking a remarkable 234% increase compared to the same period last year. Group revenue reached an impressive LKR 49.8 billion for the period ending 31st December 2024, reflecting a 10% […]

May 16, 2024

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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. Sri Lanka’s first multinational textile manufacturer has […]

March 4, 2024

Bill McRaith and Shrihan Perera fortify top textile manufacturer’s corporate leadership Teejay Lanka PLC has announced the appointment of two eminent apparel industry personalities, Messrs. Bill McRaith and Shrihan B. Perera as independent, non-executive directors, effective 1st March 2024. Recently retired after an illustrious career of more than three decades in the global apparel and […]

January 18, 2024

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. A Memorandum of Understanding (MoU) signed by the two corporate giants outlines a collaboration that will see […]

November 3, 2022

 Q2 revenue up by 95% to Rs 24.8 billion  Net profit up 145% to Rs 2.3 billion for 6 months 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 […]

August 12, 2022

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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. The Group achieved nearly half its full-year revenue of 2021-22 in just the first quarter of the new financial year as a result of the low […]

February 3, 2022

Net profit improves by 23% to Rs 1.7 billion with higher productivity reducing impact of rising raw material costs Improved demand from the region and enhanced capacity have helped Teejay Lanka PLC to post Group revenue of Rs 36.1 billion for the nine months ending 31st December 2021 and record strong […]

November 29, 2021

Wins ‘Best Exporter’ awards in the Knitted Fabric Sector for 2019-20 & 2020-21 Teejay Lanka PLC, Sri Lanka’s leading fabric manufacturer, won twin awards as the ‘Best Textile Exporter’ in Sri Lanka at the combined 2019-20 and 2020-21 Presidential Export Awards ceremony hosted by the Export Development Board (EDB). These are Teejay […]

November 22, 2021

Invests Rs 90 million in Sri Lanka’s largest steam-powered paddle dryer Reduces GHG emissions by 2,326 tCO2e in one year Sri Lanka’s largest textile manufacturer Teejay Lanka PLC has announced the achievement of an 81 per cent reduction in Greenhouse Gas (GHG) emissions from the disposal of sludge waste, after one year of […]

November 10, 2021

 Topline grows 71% on higher demand for fabric  Net profit improves by 59% to Rs 954.1 million for 1H Teejay Lanka PLC has built on its robust first quarter performance in Q2 of 2021-22, helped by strong demand for fabric from strategic customers due to the changing dynamics of the global market, […]

Teejay Lanka delivers resilient growth in Q3 amidst dynamic market conditions

Strong Q4 net profit growth boosts Teejay Lanka’s outlook for year ahead

Two eminent industry leaders join Teejay Lanka board as independent directors

Teejay Lanka & Hemas collaborate to promote menstrual hygiene in rural schools

Teejay Lanka consolidates in Q2 to post 6-month revenue of Rs 48.6 billion

Sri Lanka’s top textile maker Teejay knits strong start to 2022-23

Teejay Lanka 9-month revenue up 64% to Rs 36.1 billion

Twin wins for Teejay Lanka at Presidential Export Awards

Teejay Lanka achieves 81% emission reduction from sludge disposal

Teejay Lanka consolidates in Q2 to post 6-month revenue of Rs 23.1 billion