Lanka Monthly Digest’s (LMD) Top 100 and Business Today Top 40 has ranked Hayleys PLC as Sri Lanka’s No. 1 corporate for 2020-21.
This marks the fifth consecutive year and eighth occasion that Hayleys has been honoured with the top spot within the LMD100. 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.
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 – key criteria of the publication’s ranking this year.
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 prioritizing 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 USD 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. The company also maintained its support for pioneering social development across its 16 sectors.