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Hayleys ranked No. 1 in LMD 100 for 2023/24

by malinga
October 6, 2024 1:05 am 0 comment 713 views

Chairman Mohan Pandithage

Hayleys PLC has again claimed the top spot in the 31st annual edition of the LMD 100.

LMD 100 ranks the leading listed companies in Sri Lanka and is known as ‘Sri Lanka’s version of the Fortune 500.’

For the ninth time, the public-listed conglomerate has showcased its unmatched contribution to the national economy during a time when stability and growth are needed most. This achievement underscores the Group’s resilience and adaptability, creating value for its diverse stakeholders amid a challenging environment of economic revival.

Chairman and Chief Executive of Hayleys PLC, Mohan Pandithage said, “Our story is one of resilience, determination, and a belief that success can and must come with a purpose – to inspire an inclusive world and a thriving planet. “This recognition belongs to our dedicated employees, our greatest asset.

These diverse teams drive innovation, operational excellence, and positive social impact, while continuing to uphold the highest standards of corporate responsibility. It is through their collective efforts that we have been able to consistently deliver value to our stakeholders while supporting the growth and development of the nation,” he said.

Accounting for a 5% of Sri Lanka’s total export income, Hayleys earned USD 591 mn foreign exchange income over the last financial year (FY2023-24).

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