Haycarb records turnover of Rs. 11.7 billion and profit before tax of Rs. 1.1 billion for 2015/16

The Sri Lankan multinational Haycarb PLC reported revenue of Rs. 11.7 billion, profit before tax of Rs. 1,119 million and profit after tax of Rs. 898 million for financial year 2015/16. The earnings per share of equity holders of the company was Rs. 22.93 for the year.

The Chairman of Haycarb PLC and its parent company Hayleys PLC, Mr. Mohan Pandithage said that it is noteworthy that the company withstood the challenges in global markets and the raw material supply chain to post a profit before tax of over Rs. 1 billion for the 4th consecutive year, signalling its strong position in the activated carbon industry and purification solutions.

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