6 November, 2022
Teejay Lanka has reported a revenue of Rs 48.6 billion and net profit of Rs 2.3 billion at Group level for the six months ending September 30, 2022, nearly achieving the corresponding figures of Rs 49.6 billion and Rs 2.5 billion recorded for 2021-22.
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.