The Investor Sentiment - Equity and investments forum for Sri Lankans

Display results as :

Rechercher Advanced Search

Latest topics
» Dividend Announcement
HAYC - Haycarb EmptyToday at 5:30 pm by hammurabi

» Japan, India in Deal at ‘Belt And Road’ Colombo Port: Nikkei
HAYC - Haycarb EmptyToday at 2:06 pm by Ethical Trader

» Presidential poll between 15 Nov-7 Dec
HAYC - Haycarb EmptyToday at 11:31 am by bjmd

» Easter Sunday Attack and Sri Lanka
HAYC - Haycarb EmptyToday at 11:15 am by ruwan326

» Tolerance at its Best !
HAYC - Haycarb EmptyToday at 10:49 am by serene

» Flying is the Safest mode of Transport
HAYC - Haycarb EmptyToday at 7:07 am by කිත්සිරි ද සිල්වා

» සදහම් අටුවාව
HAYC - Haycarb EmptyYesterday at 1:24 pm by Ethical Trader

» අනං මනං! #/+?.<>
HAYC - Haycarb EmptySun May 19, 2019 6:10 pm by ruwan326

» My Port Folio Bleeding But Its just the Begining Of..
HAYC - Haycarb EmptySat May 18, 2019 7:40 pm by serene

» Thread for News on CSE and SL Economy
HAYC - Haycarb EmptySat May 18, 2019 1:49 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
HAYC - Haycarb EmptyFri May 17, 2019 9:54 pm by dhanurrox

» Re: Financial reports Q1-2019
HAYC - Haycarb EmptyFri May 17, 2019 7:53 pm by dhanurrox

» Sri Lanka mulls 25-pct ownership limit in finance companies
HAYC - Haycarb EmptyFri May 17, 2019 3:40 pm by Backstage

» Searing Heat in China Is Causing Havoc for Rubber Makers
HAYC - Haycarb EmptyFri May 17, 2019 2:43 pm by Backstage

HAYC - Haycarb EmptyThu May 16, 2019 8:00 pm by hammurabi

» Israeli spyware breached WhatsApp security
HAYC - Haycarb EmptyWed May 15, 2019 7:47 am by කිත්සිරි ද සිල්වා

» Is Burka prohibted ?
HAYC - Haycarb EmptyWed May 15, 2019 7:30 am by කිත්සිරි ද සිල්වා

» Thread for General News Local/Foreign
HAYC - Haycarb EmptyTue May 14, 2019 11:49 am by CK

» Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
HAYC - Haycarb EmptyFri May 10, 2019 7:15 pm by Backstage

» NEST.N0000
HAYC - Haycarb EmptyThu May 09, 2019 7:54 pm by ruwan326

» What to Analyse
HAYC - Haycarb EmptyThu May 09, 2019 5:53 pm by Ethical Trader

» Sweden-based Tundra Fund says Colombo bourse at lowest levels since 2009
HAYC - Haycarb EmptyWed May 08, 2019 5:43 pm by serene

» Telenor and Dialog Axiata's parent in talks to merge Asian businesses
HAYC - Haycarb EmptyMon May 06, 2019 1:50 pm by Backstage

» සුබ පාස්කූ මංගල්ලයක් වේවා !
HAYC - Haycarb EmptySun May 05, 2019 6:51 pm by Backstage

» In the Meantime, Within Our Shores !
HAYC - Haycarb EmptyThu May 02, 2019 11:27 am by Ethical Trader

HAYC - Haycarb EmptyWed May 01, 2019 3:49 am by Ethical Trader

» Thread for News on Local and Foreign Politics
HAYC - Haycarb EmptyFri Apr 26, 2019 8:18 am by කිත්සිරි ද සිල්වා

» how to access internet ?
HAYC - Haycarb EmptyFri Apr 26, 2019 7:55 am by කිත්සිරි ද සිල්වා

» SERV - The Kingsbury
HAYC - Haycarb EmptyThu Apr 25, 2019 9:26 am by ruwan326

» Lessons from movies
HAYC - Haycarb EmptyTue Apr 23, 2019 8:26 am by කිත්සිරි ද සිල්වා

HAYC - Haycarb EmptyMon Apr 22, 2019 12:38 pm by ruwan326

» Happy Birthday
HAYC - Haycarb EmptySun Apr 21, 2019 8:13 pm by Rana

» Little Known Facts !
HAYC - Haycarb EmptySun Apr 21, 2019 9:27 am by කිත්සිරි ද සිල්වා

» හීන්බන්ඩාගේ රැකියාව ඇසූ පසු පොලිස් නෝනලාට තරු පෙනුනා
HAYC - Haycarb EmptySat Apr 20, 2019 10:07 am by ruwan326

HAYC - Haycarb EmptyThu Apr 18, 2019 6:05 pm by Ethical Trader

HAYC - Haycarb EmptyThu Apr 18, 2019 6:02 pm by Ethical Trader

» අසිරිමත් සුබ නව වසරකට ආසිරි !
HAYC - Haycarb EmptyWed Apr 17, 2019 6:33 pm by hammurabi

HAYC - Haycarb EmptyFri Apr 12, 2019 8:55 am by yellow knife

» East West properties
HAYC - Haycarb EmptyFri Apr 12, 2019 5:27 am by dhanurrox

» HHL.N0000 ( Hemas Holdings PLC)
HAYC - Haycarb EmptyTue Apr 09, 2019 8:04 pm by NIRMALSG

» කිරි පිටි ගැන ඔබ මෙතෙක් නොදත් දේ
HAYC - Haycarb EmptyMon Apr 08, 2019 5:31 am by Ethical Trader

» CONN.N0000
HAYC - Haycarb EmptySun Apr 07, 2019 3:15 pm by NIRMALSG

» LION.N0000 (Lion Brewery Ceylon PLC)
HAYC - Haycarb EmptySun Apr 07, 2019 8:52 am by ruwan326

»  5000 Post Milestone - Congratulations
HAYC - Haycarb EmptyFri Apr 05, 2019 9:07 pm by Ethical Trader

HAYC - Haycarb EmptyFri Apr 05, 2019 1:37 pm by Ethical Trader

» Micro Finance
HAYC - Haycarb EmptyFri Apr 05, 2019 12:14 pm by yellow knife

HAYC - Haycarb EmptyFri Apr 05, 2019 7:40 am by serene

» PLC.N0000 ( People's Leasing and Fiance PLC)
HAYC - Haycarb EmptyWed Apr 03, 2019 6:04 pm by NIRMALSG

HAYC - Haycarb EmptyWed Apr 03, 2019 3:40 pm by catseye

HAYC - Haycarb EmptyTue Apr 02, 2019 12:38 pm by malanp

May 2019

Calendar Calendar


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

HAYC - Haycarb

Go down

HAYC - Haycarb Empty HAYC - Haycarb

Post by The Invisible on Fri Nov 09, 2018 10:30 am

Haycarb Sept net profit up 56-pct

ECONOMYNEXT - Sri Lankan coconut shell-based activated carbon maker Haycarb said net profit rose 56 percent to 203 million rupees in the September 2018 quarter from a year ago.

Quarterly earnings per share were 6.84 rupees, according to interim accounts filed with the stock exchange.

The share was last traded at 128 rupees.

Sales rose 22 percent to 4.7 billion rupees during the period.

EPS for the six months to September 2018 were 10.24 rupees with net profit up 28 percent to 304 million rupees and sales up 26 percent to almost nine billion rupees.

Haycarb Managing Director Rajitha Kariyawasan said sales grew with an increase in prices in response to the sharp increases in raw material costs.

“As the shortage and cost escalation of raw material, coconut charcoal, continued during the first half of the year in most of the supply locations, Haycarb focussed on its lean platform,” a statement said.

This targeted cost saving initiatives and process improvements to minimise price escalations to customers while protecting profitability of the group, which has factories in Sri Lanka, Thailand and Indonesia.

“Considerable success achieved from product development efforts to expand its value added product portfolio strongly contributed to the overall business performance,” the statement said.

“Though we are expecting improved coconut crop and charcoal availability in most of our locations in the 2019 coconut season, the company is expecting a challenging period due to the increased competition from key coconut carbon producing countries,” Kariyawasan said.

Haycarb’s strategy of broad basing the raw material supply network and support for environment friendly charcoaling methods under its “Haritha Angara” initiative contributed to the improvement of sustainable charcoal supply, he said.

This will be continued as a core supply chain strategy of the group.

Kariyawasan noted that Puritas (Pvt.) Ltd., the environmental engineering business, is expected to continue to be a key contributor to the group’s performance during the second half of the year.

Its business in water and waste water treatment systems in Sri Lanka and in the region is projected to grow.
The Invisible
The Invisible

Posts : 883
Join date : 2016-11-28
Age : 39

Back to top Go down

HAYC - Haycarb Empty Re: HAYC - Haycarb

Post by xmart on Sun Dec 02, 2018 3:04 pm

well, this is one good business to watch. this core business has enormous growth potential and business model suggest that they are robust. further, depreciation of rupee would add to the bottom line growth.

further, the mother company Hayleys would consider as the largest company who has invested in future.
Top contributor
Top contributor

Posts : 693
Join date : 2015-01-17

Back to top Go down

HAYC - Haycarb Empty Re: HAYC - Haycarb

Post by ruwan326 on Wed Feb 13, 2019 7:24 pm

Financial Performance- Period ended 31 December 2018

[You must be registered and logged in to see this link.]

Posts : 647
Join date : 2016-09-29
Age : 41

Back to top Go down

Back to top

Permissions in this forum:
You cannot reply to topics in this forum