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

Published in Lifestyle and Fashion
Saturday, 25 May 2024 07:45
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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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 wins ‘Best Annual Report in Apparel Sector’ & Merit Certificate at CMA Awards

Published in Lifestyle and Fashion
Wednesday, 11 October 2023 05:03
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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Teejay opens its own water and chemical testing lab in sustainability milestone

Published in Living
Thursday, 17 August 2023 09:37
   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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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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Teejay extends partnership with Moratuwa University for 10th year and beyond

Published in Lifestyle and Fashion
Thursday, 13 October 2022 07:01
Businesscafe - 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. ...
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