Teejay Archives

March 21, 2024

Joins forces with ‘WNPS PLANT’ to part fund reforesting of over 50 Hectares Leading textile manufacturer Teejay Lanka PLC has pledged funding support towards part of the reforestation of a nine-kilometer section of the banks of the Maskeli Oya, a major upstream tributary of one of Sri Lanka’s most important rivers, the Kelani. […]

December 13, 2023

Teejay Lanka PLC took the Silver Award in the ‘Extra Large’ category of the ‘Textiles and Garments’ sector at the Annual Export Awards 2023 presented by the National Chamber of Exporters (NCE), ending 2023 on a winning note. The NCE Export Award followed similar accolades for export excellence, including a ‘Best Exporter’ […]

November 2, 2023

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October 23, 2023

Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has expanded its collaboration with academia by entering into a partnership with the University of Sri Jayewardenepura (USJ), the country’s second oldest university. A five-year Memorandum of Understanding formalised by the two organisations paves the way for creating mutually beneficial opportunities for collaboration […]

October 11, 2023

The 2022-23 Annual Report of Teejay Lanka PLC won two awards including the award for ‘Best Annual Report in the Apparel Sector’ at the CMA Excellence in Integrated Reporting Awards 2023, presented by the Institute of Certified Management Accountants of Sri Lanka (CMA). The Annual Report titled ‘Interknitted’ also won one of […]

August 17, 2023

Sri Lanka’s textile manufacturing multinational Teejay Lanka PLC has announced the commissioning of its own water and chemical testing laboratory as a process optimisation initiative as well as a milestone on the Company’s sustainability roadmap – “Abhivarah 2030.” Aptly named ‘Iera’ from a Sanskrit word for water, the laboratory is equipped to […]

August 10, 2023

Teejay Lanka PLC has begun 2023-24 with a strong balance sheet, closing an extremely challenging first quarter with cash and cash equivalents of Rs 9.6 billion, despite a decline in earnings. Sri Lanka’s first multinational textile manufacturer has reported revenue of Rs 14 billion for the three months ending 30th June, reflecting […]

July 20, 2023

Sri Lanka’s textile manufacturers have played an integral role in the supply chain of the country’s largest export market, navigating unprecedented challenges in the last three years to ensure the apparel industry remains competitive and meets set delivery timelines. Remaining well ahead of the curve, the textile industry has focused on circularity […]

May 17, 2023

Posts revenue of Rs 84 billion for full year; Rs 17.3 billion in Q4 Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has ended 2022-23 with noteworthy revenue and gross profit growth demonstrating its resilience in the face of external challenges and higher taxation that pressured profits in the second half […]

February 9, 2023

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9-month revenue grows 84% to Rs 66.8 billion Net profit for period up 17% to Rs 1.97 billion even with Q3 loss Teejay Lanka PLC has reported strong revenue growth for the nine months ending 31st December 2022 as well as for the third quarter of the year, but higher domestic costs, […]

Teejay supports project which creates a 9-km forest corridor on the banks of Maskeli Oya

Teejay wins Silver in ‘Extra Large’ category at NCE Export Awards

Resilient Teejay bounces back in Q2 amidst improving industry sentiments

Teejay knits new 5-year partnership with University of Sri Jayewardenepura

Teejay wins ‘Best Annual Report in Apparel Sector’ & Merit Certificate at CMA Awards

Teejay opens its own water and chemical testing lab in sustainability milestone

Teejay optimistic with capacity expansion despite challenging Q1

Waste to Wealth: Insights from Teejay’s pursuit of true circularity in apparel

Teejay ends 2022-23 with 70% revenue growth despite tough H2

Strong balance sheet gears Teejay for growth despite challenging Q3