Hayleys PLC, maintained its position at the forefront of Sri Lanka’s corporate sector by becoming No.1 in the 25th edition of the LMD Top 20 for the second consecutive year.
The announcement of the LMD Top 20 was made at a time when Hayleys is celebrating 140 years of innovation and business excellence in Sri Lanka. This year’s ranking also amounts to the fourth occasion that Hayleys has occupied the prime position in Sri Lanka’s version of the Fortune 500.
Over the course of the last financial year Hayleys became the first listed company in Sri Lanka to achieve US$ 1 billion turnover, representing a 47% Year-on-Year (YoY) improvement whilst the group’s extensive range of exports accounts for 3.3% of the nation’s total export earnings.
Hayleys PLC’s top ranking in this year’s LMD Top 20 is the latest in a long series of prestigious accolades to the group, which was once again declared among LMD’s Top 3
Most Respected Corporates in Sri Lanka, in addition to securing a place in the inaugural Top 10 Most Admired Companies in Sri Lanka by the International Chamber of Commerce, Sri Lanka (ICCSL) and the Chartered Institute of Management Accountants (CIMA) Sri Lanka.
Catering to over 7.6 million customers world-wide, the Hayleys Group today stands as one of Sri Lanka’s vibrant corporate entities, providing direct employment to 32,000 Sri Lankans, in addition to providing indirect employment to over 20,000 people.
Following its establishment in 1878 as a trading house for the import of valuable goods, and export of locally produced goods such as spices, coir yarn and essential oils; the group has rapidly expanded in the scope and scale of its operations. Today, Hayleys maintains a global presence across 5 continents with business interests spanning a total of 16 sectors.