Teejay Archives - Page 2 of 2 - Lanka Business News

July 20, 2023

Sri Lanka’s textile manufacturers have played an integral role in the supply chain of the country’s largest export market, navigating unprecedented challenges in the last three years to ensure the apparel industry remains competitive and meets set delivery timelines. Remaining well ahead of the curve, the textile industry has focused on circularity […]

May 17, 2023

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Posts revenue of Rs 84 billion for full year; Rs 17.3 billion in Q4 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 […]

February 9, 2023

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9-month revenue grows 84% to Rs 66.8 billion Net profit for period up 17% to Rs 1.97 billion even with Q3 loss 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, […]

October 17, 2022

A milestone in industry – academia collaboration was reached recently when Teejay Lanka PLC extended its partnership with the University of Moratuwa for two more years, a period that will encompass the 10th anniversary of the relationship. The decade-long collaboration between the Sri Lanka’s first multinational textile manufacturer and the country’s largest […]

August 12, 2022

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 […]

May 20, 2022

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Revenue up 56% to Rs 50 billion Records highest quarterly revenue since inception in Q4 FY 2021/22 India expansion complete, adds 20 tons a day 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 […]

July 15, 2021

Colombo, Thursday 15th July 2021– The U.S. Cotton Trust Protocol welcomes Sri Lankan textile manufacturer Teejay Lanka and its wholly-owned subsidiary Teejay India as new members. Teejay is the first textile manufacturer in Sri Lanka to join the Trust Protocol and membership will allow the company to prove the cotton fiber element […]

Waste to Wealth: Insights from Teejay’s pursuit of true circularity in apparel

Teejay ends 2022-23 with 70% revenue growth despite tough H2

Strong balance sheet gears Teejay for growth despite challenging Q3

Teejay extends partnership with Moratuwa University for 10th year and beyond

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

Teejay achieves milestone US$ 250 million in sales in 2021-22

Teejay first Sri Lankan company to become U.S. Cotton Trust Protocol Member