Teejay lanka plc. Tel: +94 364279500 Fax: +94 364279595.

Teejay lanka plc Teejay Lanka is a public company listed on the Colombo Stock Exchange and the S&P Sri Lanka 20 Index. Teejay Group has kicked off a few key strategic initiatives in order to enter the next phase of growth. 1 Bn, a 70% increase, and LKR 17. 6 l Teejay Lanka PLC CHAIRMAN’S MESSAGE DEAR STAKEHOLDER, It gives me immense pride to welcome you to the 9th Annual General Meeting of Teejay Lanka PLC and to present to you our Annual Report and Audited Financial Statements for the year ended 31 March 2020. Teejay Lanka PLC, previously known as Textured Jersey, weaves magical bonds between fabric and fashion, by nurturing a culture of innovative excellence. Email: info@teejay. However due to the challenges in the markets which saw softer demand, coupled with very COO at Teejay Lanka Plc · Experience: Teejay Lanka Plc · Education: University of Moratuwa · Location: Sri Lanka · 500+ connections on LinkedIn. Dec 31, 2023 · TEEJAY LANKA PLC Statement of Profit or Loss (All amounts in Sri Lanka Rupees Thousands) Year Ended 31 March 2023 2022 Variance 2023 2022 Variance 2023 Unaudited Unaudited Unaudited Unaudited Audited Revenue from contracts with customers 15,897,519 18,147,146 -12% 45,444,549 66,757,821 -32% 84,037,126 Printing Operations started in October 2010 in collaboration with Quenby Lanka Prints. 77 Bn a 40. Teejay Lanka is an aggressively Teejay Lanka PLC is a Public Limited Liability Company with two of the best brands in the industry as major shareholders, Pacific Textiles and Brandix. Teejay Lanka PLC is a Public Limited Liability Company with two of the best brands in the industry as major shareholders, Pacific Textiles and Brandix. 86 Bn,17% growth over prior year and a revenue of LKR 31. 1% top line growth Circular to the Shareholders of Teejay Lanka PLC ; Cash Dividend - 06-02-2020 ; Resignation of Chief Executive Officer - 31-12-2019 ; TEEJAY LANKA PLC Review of the Financials Teejay Group closed the 2022/23 FY with a Group revenue of LKR 84. TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review A combination of acute and strategic overhead management, output increase from changing some of the working models and continuing production efficiencies will be key for the Group in the upcoming quarters. N0000 stock price and news, along with industry-best analysis. TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review I am pleased to report to you that your company Teejay has been able to complete yet another successful quarter, accomplishing 22% growth in Revenue recording LKR 9. Acknowledged for exceptional analytical thinking, innovative problem-solving, and consistently delivering results TeeJay Lanka PLC historical stock charts and prices, analyst ratings, financials, and today’s real-time TJL. TEEJAY LANKA PLC SWOT ANALYSIS 3. · Experience: Teejay Lanka PLC · Education: University of Moratuwa · Location: Colombo · 500+ connections on LinkedIn. Tel: +91 8924 237010 / +91 8924 237011 Fax Find company research, competitor information, contact details & financial data for TEEJAY LANKA PLC of . Market Data Major Shareholders Relative Price Chart th July 2021 Teejay Lanka PLC is a leading textile manufacturer in Sri Lanka, specializing in the production of knitted fabrics. 31%. View the latest TeeJay Lanka PLC (TJL. 3 days ago · Teejay Lanka PLC is a Sri Lanka-based multinational manufacturer of weft knitted fabric. The company has expanded its presence in both local and international markets, with a state-of-the-art printing facility and a Strategic Business Unit in India. Get a brief overview of TEEJAY LANKA PLC financials with all the important numbers. 21 -- Teejay Lanka PLC, Sri Lanka's first multinational textile manufacturer, announced the expansion of its business into the Arab Republic of Egypt. The cotton Our technical rating for TEEJAY LANKA PLC is strong buy today. : TJL. Avissawella, Sri Lanka. 80 (+16. Skilled in building strategic relationships and leading cross-functional teams. Salman Nishtar Chief Financial Officer Teejay Teejay Lanka PLC Annual Report 2021/22 4 About this Report SCOPE & BOUNDARY This Report covers the operations of Teejay Lanka PLC and its operating subsidiaries in Sri Lanka and India from April 1, 2021 to March 31, 2022. www. The Textile manufacturing - Sri Lanka and India segment manufactures and sells weft knit fabrics to export and to indirect export are included in TEEJAY LANKA PLC Review of the Financials With a steady performance maintained throughout the period, Teejay proposed the payment of LKR 1. TEEJAY LANKA PLC is a leading knit fabric producer with British roots and global market presence. LK financial statements in full. The Textile manufacturing - Sri Lanka and India segment manufactures and sells weft knit fabrics to export and to indirect export are included in Teejay Lanka PLC is a public quoted company with 39 per cent public ownership. 17) Responsible for all salary particular letters to various institutes and banks. TEEJAY LANKA PLC MANAGEMENT OACH OSURES 3 Energised with the passion to become the preferred fabric solutions provider for branded clothing, the Teejay Group is positioned as Sri Lanka’s premier and leading multinational manufacturer of weft knitted fabric. Providing employment to over 2600 individuals in Sri Lanka and India, Teejay Lanka believes that driving sustainability and innovation, and creating partnerships and bonds are key components of its corporate DNA. Strengths 3. teejay. Scan the QR Code with your smart device to view this report online. Dec 12, 2024 · Teejay Lanka PLC is a Sri Lanka-based multinational manufacturer of weft knitted fabric. The interim dividend of Rs. TEEJAY LANKA PLC sgd Bill Lam Chairman As the Group embarks on its final lap of the second half, and setting the foundation for its long-term growth plans, the business is cautious of the future market challenges, mainly driven by selling price challenges in the market against the backdrop of increasing raw material prices. 4. With its headquarters being based in Avissawella, Teejay Lanka TeeJay Lanka PLC balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. The backbone of our company is formed by none other than our team of committed and hardworking employees Currently serving as the Group Head of Development and Innovation at Teejay Group, Mohottalage's journey through the industry has been marked by significant contributions and strategic leadership. It has strategic partnerships with leading retail brands, a research division for innovation, and a commitment to sustainability. 2. 5 of the Listing Rules of the Colombo Stock Exchange(“CSE”), permits a listed company to forward its Annual Report, to its shareholders in a mode other than in printed form and further to circular Planning Senior Executive at Teejay Lanka PLC · Experience: Teejay Lanka PLC · Education: Asia e University · Location: Sri Lanka · 253 connections on LinkedIn. 9% decrease when compared to the 8. As an Independent Director at John Keells Hotels PLC, Mr. 1% top line growth against the previous financial year of LKR 6. 1. Given below are some of the corporate policies applicable to all employees and Directors of Teejay Group. Company profile for TeeJay Lanka PLC including key executives, insider trading, ownership, revenue and average growth rates. View Sanjaya Basnayake’s profile on LinkedIn, a professional community of 1 billion members. The Textile manufacturing - Sri Lanka and India segment manufactures and sells weft knit fabrics to export and to indirect export are included in Company Internal Auditor · Experienced finance professional specializing in Risk Management, Internal Audit, Assurance, Operations, Governance, and Health and Safety within the manufacturing sector. View detailed TJL. The company name was changed to Teejay Lanka Prints (Pvt) Ltd in 2016. The following table provides additional summary stats: Market Cap In The Consumer Discretionary Sector; TEEJAY LANKA PLC sgd Bill Lam Chairman As the Group embarks on its final lap of the second half, and setting the foundation for its long-term growth plans, the business is cautious of the future market challenges, mainly driven by selling price challenges in the market against the backdrop of increasing raw material prices. The company was established in 1996 and has since grown to become a major player in the textile industry, with a strong focus on sustainability and environmental responsibility TEEJAY LANKA PLC INCOME STATEMENT (all amounts in Sri Lanka Rupees Thousands) Year Ended 31 March 2021 2020 Variance 2021 Unaudited Unaudited Audited Revenue from contracts with customers 10,384,876 4,733,290 119% 31,780,287 Cost of sales (9,615,830) (4,477,093) -115% (27,990,328) Prior to taking the reins as Managing Director, he served as Chief Financial Officer and Chief Strategy Officer of the Group, and sits as a Director on its subsidiaries and integrated ventures, which includes Teejay Lanka PLC. 1 Bn recorded last year. Overview 3. com. com FEEDBACK We understand that Reporting is a journey of continuous improvement and would appreciate any suggestions you may have in terms of what you would like to see in our next report. 3. As the Group embarks on to the second quarter, we recognize the need to keep TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman Teejay Group concluded the 2020/21 FY positively with its Q4 performance, recording its highest quarter revenue since inception of LKR 9. Counter trades at 9. 00 per share is a clear indication of our confidence in the future potential we possess. 2. 7 Bn achieved last year. TEEJAY LANKA PLC Sgd Bill Lam Chairman Overcoming challenging global market conditions, Teejay Group has completed a very successful financial year recording a net profit of LKR 1. The Company's segments include Textile manufacturing - Sri Lanka and India, and Fabric printing - Sri Lanka. 662 B ranks in the 71. Dec 10, 2024 · Teejay Lanka PLC (TJL. 6,601 likes · 349 talking about this · 1,234 were here. TEEJAY LANKA PLC BUSINESS OVERVIEW 2. This represents a 27% year on year (YOY) growth in net profit. Prior to taking the reins as Managing Director, he served as Chief Financial Officer and Chief Strategy Officer of the Group, and sits as a Director on its subsidiaries and integrated ventures, which includes Teejay Lanka PLC. Nov 13, 2024 · Teejay Lanka PLC's Market Cap of 30. Rebranded as “Teejay”, Teejay Lanka PLC, Teejay Lanka Prints (Private) Limited, Teejay India Private Limited Winner of Forbes Asia’s 200 Best Under a Billion Commercial launch of the first Synthetic Fabric 2015 Winning World Textile Awards Acquisition of Ocean India Private Ltd Acquisition of Quenby Lanka Prints (Private) Ltd 2011 Sri Lanka's bustling, manufacturing and export driven approach has spurred rapid growth and economic development. The Textile manufacturing - Sri Lanka and India segment manufactures and sells weft knit fabrics to export and to indirect export are included in Currently serving as the Group Head of Development and Innovation at Teejay Group, Mohottalage's journey through the industry has been marked by significant contributions and strategic leadership. However, the Group reported a 37% decrease when compared to the same period of the previous financial year. 7Bn achieved last year. TEEJAY LANKA PLC - ANNUAL REPORT 2017/18. Note that market conditions change all the time — according to our 1 week rating the strong buy trend is prevailing, and 1 month rating shows the strong buy signal. These are Teejay Lanka’s second and third consecutive ‘Best Exporter’ awards in the Knitted TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman As the world attempts to regain a sense of normalcy during this pandemic period, its impact was felt as Teejay closed the first Quarter of the Financial Year 2020/21. TEEJAY LANKA PLC PV 7617 PB/PQ Dear Shareholder, CIRCULATION OF ANNUAL REPORT TO SHAREHOLDERS Rule No. Considering the context while the Gross Profit Margin stood at 2%, which is a 6. The research arm of Teejay engages extensively with research and development in fiber, yarn, dyes and chemicals, and processes and fabrics, to deliver new products and service solutions to our customers. N0000) stock price, news, historical charts, analyst ratings and financial information from WSJ. 5% percentile for the Sector. TEEJAY LANKA PLC Sgd Bill Lam Chairman Despite these minor setbacks the company announced a 66% growth in dividends to shareholders. Revenue grew by 5% this year to achieve LKR 33. TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review I am pleased to report to you that your company Teejay has been able to complete yet another successful quarter, accomplishing 22% growth in Revenue recording TEEJAY LANKA PLC Chairman’s Review Bill Lam Chairman Teejay Group closed the second quarter of the FY 2021/22 with a 44% top line growth recording revenue of LKR 12. At Textured Jersey Lanka Pvt Ltd was incorporated in 2000, listed on Colombo Stock Exchange in 2011 and was rebranded as Teejay Lanka in 2006. 17 of 1982 and grown since then. Locations, Subsidiaries, Operating Units 3. View Mahee Rathnayake’s profile on LinkedIn, a professional community of 1 billion members. TEEJAY LANKA PLC Review of the Financials The Group reported a Gross Profit of LKR 283 Mn. Sep 30, 2023 · TEEJAY LANKA PLC Review of the Financials Teejay Group closed the second quarter of FY 2023/24 with a Group revenue of LKR 15. It operates through the following 5 days ago · Teejay Lanka PLC is a Sri Lanka-based multinational manufacturer of weft knitted fabric. Dec 12, 2024 · Teejay Lanka Plc engages in manufacturing and selling of weft knit fabrics. In 2015, Teejay Lanka PLC (formerly Textured Jersey Lanka PLC) made a 100% acquisition of the company. Tel: +91 8924 237010 / +91 8924 237011 Fax TEEJAY LANKA PLC Sgd Bill Lam Chairman Despite these minor setbacks the company announced a 66% growth in dividends to shareholders. Opportunities 3. Dec 16, 2024 · Circular to the Shareholders of Teejay Lanka PLC ; Cash Dividend - 06-02-2020 ; Resignation of Chief Executive Officer - 31-12-2019 ; TEEJAY LANKA PLC ANNUAL REPORT 2020/21 Available Online as PDF www. Learn about its history, products, contact details and website from the EDB Sri Lanka directory. 15, BIAC SEZ, Pudimadaka Road Atchuthapuram, Visakhapatnam - 531011, Andhra Pradesh, India. TEEJAY LANKA PLC Statement of Profit or Loss (all amounts in Sri Lanka Rupees Thousands) Year Ended 31 March 2022 2021 Variance 2022 2021 Variance 2022 Unaudited Unaudited Unaudited Unaudited Audited Revenue from contracts with customers 24,752,871 12,694,124 95% 48,610,675 23,079,000 111% 49,587,964 Teejay Lanka PLC Block D8-D14, Seethawaka Export Processing Zone. View Janaka Nanayakkara’s profile on LinkedIn, a professional community of 1 billion members. TEEJAY LANKA PLC Chairman’s Review Bill Lam Chairman I am pleased to share that Teejay Group has recorded a revenue of LKR 36 Bn for the nine-month period ending 31st December 2021, which is a 64% YOY growth and net In 2015, Teejay Lanka PLC (formerly Textured Jersey Lanka PLC) made a 100% acquisition of the company. View real-time TJL. Strong Operations professional with Masters in Business Management and Manufacturing systems Engineering from University of Wolverhampton, UK and University of Moratuwa, Sri Lanka focused in Engineering. Teejay Lanka PLC Block D8-D14, Seethawaka Export Processing Zone. View TJL. The Group recorded its highest Revenue, Gross Profit and Net Profit so far this year. Weaknesses 3. TEEJAY LANKA PLC Review of the Financials Further, the impact of inflation for the prices of raw materials such as yarn and cotton have reported a downward trend which is a positive sign for the textile and apparel industry. Salman Nishtar Chief Financial Officer Teejay Textured Jersey Lanka is incorporated Commercial Production Commences Rebranded as “Teejay” Teejay Lanka PLC Teejay Lanka Prints (Private) Limited Teejay India Private Limited Winner of Forbes Asia’s 200 Best Under a Billion &RPPHUFLDO ODXQFK RI WKH ½UVW Synthetic Fabric Winning World Textile Awards Acquisition of Ocean India Private Ltd TEEJAY LANKA PLC ANNUAL REPORT 2020/21 Available Online as PDF www. Salman Nishtar Chief Financial Officer Teejay Sep 30, 2024 · Teejay Lanka PLC is a Sri Lanka-based multinational manufacturer of weft knitted fabric. View Arjuna Pathirana’s profile on LinkedIn, a professional community of 1 billion members. 16) Oversee recruitments for all categories of Teejay Lanka PLC & Teejay Lanka Prints (PVT) Ltd and maintaining on time update of all the records relating to salary & recruitment to fulfill compliance requirements. TJL acquired OCI in Sep 2015. Teejay Lanka PLC has doubled (or more) its daily average of shares traded over the last 3 months. The company introduced the first full blotch printing solution in the island. Oct 28, 2024 · Teejay Lanka Plc is a multinational manufacturer of weft knitted fabric based in Avissawella, Sri Lanka. Tel: +91 8924 237010 / +91 8924 237011 Fax TEEJAY LANKA PLC INCOME STATEMENT (all amounts in Sri Lanka Rupees Thousands) Year Ended 31 March 2019 2018 Variance 2019 2018 Variance 2019 Unaudited Unaudited Unaudited Unaudited Audited Revenue 8,888,593 8,481,412 5% 26,330,741 22,949,082 15% 31,746,592 TEEJAY LANKA PLC Chairman’s Review Bill Lam Chairman I am pleased to share that Teejay Group has recorded a revenue of LKR 36 Bn for the nine-month period ending 31st December 2021, which is a 64% YOY growth and net profit of LKR 1. In addition to the above, some clauses of conflict of interest and Anti-corruption policy applies to persons or entities dealing with Teejay Group as suppliers of goods & services and to persons who are not employees or entities who are authorized to act on behalf of the company. Teejay Lanka PLC, previously known as Textured Jersey, weaves magical bonds between fabric and fashion, by nurturing a culture of innovative excellence. Please direct your feedback to, Mr. TEEJAY LANKA PLC TARGET PRICE: LKR50. Teejay Lanka PLC is a multinational company that produces and exports weft knit fabric for branded clothing. 5% increase when compared to the fourth quarter of the previous year. Business Description 2. N0000 stock price. The company entered into a Technical Agreement with Pacific Textiles from 2011- 2013; The company entered into a Technical Agreement with Textured Jersey (Teejay Lanka) from Oct 2013. Major Products and Services 2. Apr 14, 2011 · Teejay Lanka PLC is a Sri Lanka-based multinational manufacturer of weft knitted fabric. A new entity was incorporated in Egypt on November 19, 2024, aimed at engaging in fabric manufacturing, manufacturing services and trading activities, the company said in a TEEJAY LANKA PLC Review of the Financials The USD 26 Mn expansion project of Teejay India is completed and started operating by adding 20 Tons to the Group capacity to serve our customers with on time deliveries. Printing Operations started in October 2010 in collaboration with Quenby Lanka Prints. In addition to technical ratings, keep an eye on the TEEJAY LANKA PLC stock chart to track price dynamics. Financial TEEJAY LANKA PLC Sgd Bill Lam Chairman Despite these minor setbacks the company announced a 66% growth in dividends to shareholders. Get the latest business insights from Dun & Bradstreet. The company also introduced the first imitated yarn dye look and marl look on printing. 07 of 2007. · Experience: Teejay Lanka Teejay Lanka PLC, Sri Lanka’s leading fabric manufacturer, won twin awards as the ‘Best Textile Exporter’ in Sri Lanka at the combined 2019-20 and 2020-21 Presidential Export Awards ceremony hosted by the Export Development Board (EDB). 97 Bn. supporting patients across Sri Lanka. Teejay Lanka PLC is a public quoted company with 39 per cent public ownership. This Report presents the performance of the Group’s fabric manufacturing, operations, non-financial Rebranded as “Teejay”, Teejay Lanka PLC, Teejay Lanka Prints (Private) Limited, Teejay India Private Limited Winner of Forbes Asia’s 200 Best Under a Billion Commercial launch of the first Synthetic Fabric 2015 Winning World Textile Awards Acquisition of Ocean India Private Ltd Acquisition of Quenby Lanka Prints (Private) Ltd 2011 TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman Teejay Group concluded the 2020/21 FY positively with its Q4 performance, recording its highest quarter revenue since inception of LKR 9. Its culture is built on the foundation set by the core values of Integrity, Innovate to Lead, Collaboration, and Togetherness. Junior Executive at Teejay Lanka PLC · Experience: Teejay Lanka PLC · Location: Colombo · 359 connections on LinkedIn. TEEJAY LANKA PLC ANNUAL REPORT 2020/21 Available Online as PDF www. 3 Bn in comparison to LKR 31. Industrial Park. Lanka PLC Teejay Lanka PLC is Sri Lanka’s leading Fabric Solution Provider, with a distinguished track record We shall ensure that we, • Maintain Effectiveness, Efficiency and Sustainability in our Environment Management System Processes • Review our ‘Environmental Policy’ objectives and targets annually with adhere to TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review A combination of acute and strategic overhead management, output increase from changing some of the working models and continuing production efficiencies will be key for the Group in the upcoming quarters. 7. Senior General Manager Group HR Teejay Group · Experience: Teejay Lanka PLC · Education: S Thomas&#39; College Mount Lavinia · Location: Sri Lanka · 112 connections on LinkedIn. TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review In spite of continuing uncertainty in global market conditions, Teejay Group endured the challenges by reporting a revenue growth of 24. Lanka PLC Teejay Lanka PLC is Sri Lanka’s leading Fabric Solution Provider, with a distinguished track record We shall ensure that we, • Maintain Effectiveness, Efficiency and Sustainability in our Environment Management System Processes • Review our ‘Environmental Policy’ objectives and targets annually with adhere to TEEJAY LANKA PLC Review of the Financials With a steady performance maintained throughout the period, Teejay proposed the payment of LKR 1. 9% experienced during the Complete TeeJay Lanka PLC stock information by Barron's. TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman Teejay Group concluded the 2020/21 FY positively with its Q4 performance, recording its highest quarter revenue since inception of LKR 9. 50 per share as final dividend to the company’s shareholders for the year ended 31st March 2022. As the Group embarks on to the second quarter, we recognize the need to keep TEEJAY LANKA PLC Sgd Bill Lam Chairman Overcoming challenging global market conditions, Teejay Group has completed a very successful financial year recording a net profit of LKR 1. The backbone of our company is formed by none other than our team of committed and hardworking employees Teejay is capable of supplying high end synthetic blends both in Sri Lanka and India. The cotton Manager - Planning at Teeejay Lanka plc · Demand &amp; supply planning professional processing almost 13 years of experience and skilled in wide range of planning functions including Forecasting, Demand planning, Supply planning , Rough cut capacity planning, S&amp;OP process, Outsource operations , inventory management, Process improvement and systems automation. 7Bn, 23% increase over the last year. 3 Bn last year. N0000 | Colombo S. Threats 4. . 1. 2 Bn. Teejay India Private Limited Plot No. We believe that "Conserving and Protecting the Eco-System” is our responsibility towards future generations. The firm manufactures fabrics, such as viscose, modal, micro-modal, and tencel. E. High volumes usually indicate new trends and larger share price movements. 78%) Capital Trust Research (Pvt) Ltd Teejay Lanka/ July 2021 Largest listed Fabric Exporter poised for strong growth through organic expansion. View Naduni Dilhara’s profile on LinkedIn, a professional community of 1 billion members. Tel: +91 8924 237010 / +91 8924 237011 Fax Textured Jersey Lanka Pvt Ltd was incorporated in 2000, listed on Colombo Stock Exchange in 2011 and was rebranded as Teejay Lanka in 2006. Premaratne serves as Chairman of the Audit Committee. Cost Assistant<br>Jay Jay Mills Lanka (PVT)<br>2013(Three months)<br><br>Job Skills Development Training Programme<br>Bank Of Ceylon<br>2009(Nine Months) | Learn more about chanaka jayawardana’s work experience, education, connections & more by visiting their profile on LinkedIn TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review Teejay Group completed the first quarter with strong performance for the new financial year 2018/19, posting a net profit of LKR 279M against LKR 220 M in 2017/18. Governance Structure The Board of Directors of Teejay Lanka PLC comprises of seven (07) Non-Executive Directors of which two (02) are Independent Non-Executive Directors. Founded in the year 2000, Teejay Lanka PLC owns Teejay Lanka Prints (Private) Limited, and Teejay India Private Limited, its subsidiaries in Sri Lanka and India respectively (collectively referred to as the Teejay Group), the first and the only multinational knit fabric mills in Sri Lanka specialising in weft knit manufacturing. 9% experienced during the TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman The continuous improvement on the order book is very much visible with the changes in the global supply chain moving towards the south Asian region and this TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman The continuous improvement on the order book is very much visible with the changes in the global supply chain moving towards the south Asian region and this TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman As the world attempts to regain a sense of normalcy during this pandemic period, its impact was felt as Teejay closed the first Quarter of the Financial Year 2020/21. The Group saw a 42% decline in Revenue resulting in LKR 4. 4 days ago · Teejay Lanka PLC: Trading strategies, financial analysis, commentaries and investment guidance for Teejay Lanka PLC Stock | Colombo S. 3 Bn Group revenue for the Q4, with a 28. LK description & address. N0000:CSE) financials, including income statements, growth rates, balance sheets and cash flow information. 1 Bn compared to Rs 5. Welcome to the official Facebook page of Teejay Group. Teejay Lanka PLC is a Public Limited Company listed in the Colombo Stock Exchange (CSE) and registered under the Companies Act No. TEEJAY LANKA PLC Review of the Financials The Distribution and Administration expenses of Teejay Group for the period under review stood at LKR 861 Mn which is a 69% increase when compared to the same quarter of the previous financial year. 7 Bn in comparison to LKR 8. The Textile manufacturing - Sri Lanka and India segment manufactures and sells weft knit fabrics to export and to indirect export are included in Teejay Lanka PLC, previously known as Textured Jersey, weaves magical bonds between fabric and fashion, by nurturing a culture of innovative excellence. TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review We have seen an upsurge of orders from our strategic customers and vendor partners, this momentum of growth is expected to continue and we will partner our strategic customers to have Teejay as “THE preferred fabric solutions provider for branded clothing”. 35x FY23E Earnings with an attractive Dividend Yield of 7. TEEJAY LANKA PLC FINANCIAL ANALYSIS 4. We shall ensure that we, Maintain Effectiveness, Efficiency and Sustainability in our Environment TEEJAY LANKA PLC Chairman’s Review Sgd Bill Lam Chairman However, Teejay Group had a very successful financial year achieving remarkable milestones. TEEJAY LANKA PLC STATEMENT OF COMPREHENSIVE INCOME (all amounts in Sri Lanka Rupees Thousands) Group Year Ended 31 March 2020 2019 Variance 2020 2019 Variance 2020 Unaudited Unaudited Unaudited Unaudited Audited Profit for the period 778,465 718,967 8% 1,378,299 1,955,771 -30% 2,383,784 TEEJAY LANKA PLC Review of the Financials Teejay Group closed the 2022/23 FY with a Group revenue of LKR 84. Environmental Policy: Teejay Lanka PLC is Sri Lanka’s leading Fabric Solution Provider, with a distinguished track record. The period under review has been exceptional in both financial and operational terms. TEEJAY LANKA PLC Review of the Financials The USD 26 Mn expansion project of Teejay India is completed and started operating by adding 20 Tons to the Group capacity to serve our customers with on time deliveries. Mohottalage's career journey commenced in 2002 when he embarked on his professional odyssey as a Management Trainee at Teejay Lanka PLC. The order book continues to gather momentum, and the Group recorded revenue of Rs 6. N0000. Markets and Sales Activities 2. Assistant Manager Finance at Teejay Lanka PLC · Experience: Teejay Lanka PLC · Education: University of Sri Jayewardenepura · Location: Sri Lanka · 155 connections on LinkedIn. TEEJAY LANKA PLC STATEMENT OF COMPREHENSIVE INCOME (all amounts in Sri Lanka Rupees Thousands) Company Year Ended 31 March 2020 2019 Variance 2020 2019 Variance 2020 Teejay Group, Avissawella. The company is backed by Sri Lanka’s largest apparel exporter, Brandix Lanka which has a 33 per cent stake and Pacific Textiles of Hong Kong which owns 28 per cent of the company. teejay lanka plc | annual report 2016/17 :H KDYH QDPHG RXU JUDSKLF GHYLFH WKH 7HHMD\ '1$ ,W LV D ¾XLG DQG G\QDPLF UHSUHVHQWDWLRQ RI ZKR ZH DUH DQG ZKDW ZH VWDQG IRU :KLOH WKH 7HHMD\ '1$ HQVXUHV WKDW RXU FRPPXQLFDWLRQ LV XQLWHG DQG HDVLO\ LGHQWL½DEOH LW LV D ¾H[LEOH JUDSKLF GHYLFH WKDW FDQ EH XVHG We believe that supporting key institutions such as schools and religious institutions in the areas we work is important due to the vital role they play in moulding societies and future generations. N0000 income statement, balance sheet, and financial ratios. 3Bn in comparison to LKR 7. It produces knitted fabrics for global brands such as Nike, L Brands, and Marks & Spencer, and won the best textile exporter award in 2019 and 2021. TEEJAY LANKA PLC INCOME STATEMENT (all amounts in Sri Lanka Rupees Thousands) Year Ended 31 March 2021 2020 Variance 2021 2020 Variance 2021 Unaudited Unaudited Unaudited Unaudited Audited Revenue from contracts with customers 12,694,124 8,789,899 44% 23,079,000 13,523,189 71% 31,780,287 6 l Teejay Lanka PLC CHAIRMAN’S MESSAGE DEAR STAKEHOLDER, It gives me immense pride to welcome you to the 9th Annual General Meeting of Teejay Lanka PLC and to present to you our Annual Report and Audited Financial Statements for the year ended 31 March 2020. 5 Bn, a 11% increase when compared to the previous quarter of the current financial year. 5. Our manufacturing units Teejay Lanka PLC and Teejay India Private Limited are members of the US Cotton Trust Protocol, while Teejay Lanka PLC and Teejay Lanka Prints (Private) Limited are members of the Fabric and Apparel Accessory Manufacturers Association (FAAMA). 4% year on year to end the financial year 2016/17 with Rs 22. Tel: +94 364279500 Fax: +94 364279595. 8 Bn. Teejay was incorporated as a Private Limited Liability Company on 12 July 2000 under the Companies Act, No. View the latest TJL. 77 Bn, 29 % growth over the corresponding period. Our Group also engages and holds membership with the American Chamber Srilanka, Nov. TEEJAY LANKA PLC STATEMENT OF COMPREHENSIVE INCOME (all amounts in Sri Lanka Rupees Thousands) Group Year Ended 31 March 2020 2019 Variance 2020 2019 Variance 2020 Unaudited Unaudited Unaudited Unaudited Audited Profit for the period 631,342 783,150 -19% 599,834 1,236,804 -52% 2,383,784 TEEJAY LANKA PLC Sgd Bill Lam Chairman Chairman’s Review We have seen an upsurge of orders from our strategic customers and vendor partners, this momentum of growth is expected to continue and we will partner our strategic customers to have Teejay as “THE preferred fabric solutions provider for branded clothing”. Teejay Group, Avissawella Teejay Lanka PLC Block D8-D14, Seethawaka Export Processing Zone. TEEJAY LANKA PLC STATEMENT OF COMPREHENSIVE INCOME (all amounts in Sri Lanka Rupees Thousands) Year Ended 31 March 2019 2018 Variance 2019 2018 Variance 2019 TEEJAY LANKA PLC Sgd Bill Lam Chairman Teejay Group continued its revenue growth recording 16% YoY for the 2nd Quarter, stemming from the expansions in India and the prevailing GSP facilities that Sri Lanka is entitled to. 7 Bn against previous years’ LKR 8. fpjjc lro nzmfo cwrso hdevllu vvl eil pvcb hlsv baqaumtp