Leading business rankings place Hayleys as No. 1 corporate for 2020/21
Capping off a year of record-breaking, export-led growth,
both Lanka Monthly Digest’s (LMD) Top 100 and Business Today Top 40 ranked
Hayleys PLC as Sri Lanka’s No. 1
This marks the fifth consecutive year and eighth occasion in
total that Hayleys has been honoured with the top spot within the ‘LMD 100’.
Considered Sri Lanka’s version of the Fortune 500, the No. 1 ranking endorses
the Group’s sustained position as one of the nation’s most dynamic, innovative
and resilient corporates.
In addition, Hayleys has been ranked No. 1 in Business
Today’s Top 40 outstanding listed Companies, for having driven social and
national interest in its business endeavours amidst a remarkably challenging
operating environment – a key criteria of the publication’s ranking this year.
In clinching the top honours of two of the island’s leading
annual corporate rankings, Hayleys was also recognised for its agility and
resilience to “rise above the storm” of the COVID-19 pandemic. Made up of over
30,000 employees, Hayleys has focused on prioritising people safety, ensuring
supply chain demands are met, and keeping sustainability commitments at the
forefront amidst global disruption.
Hayleys reported significant growth in the core performance
of its value-added export-oriented businesses, accounting for $ 600 million of
the country’s foreign earnings and 4.2% of the nation’s total export income as
stated in its 2020-21 Annual Report. In addition to delivering another
remarkably resilient financial performance, the company also maintained its
support for pioneering social development across its 16 sectors.
Despite the challenges of the past year, the Group continued
to provide 190,000 litres of purified water to families every day in areas
affected by Chronic Kidney Disease through the ‘Puritas Sathdiyawara’
initiative and supported the livelihoods of its smallholder partners, spanning
agri-outgrowers, estate workers and other micro-entrepreneurs over the 2020-21
period.
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