News & market updates

The Exporters Association of Sri Lanka elected Nalaka Ratnayake as Chairperson at its 29th AGM; the new Executive Committee includes representatives from CIC Holdings, Hayleys, Dipped Products, Hatton National Bank, Sampath Bank and Lion Brewery. Speakers urged faster trade digitalisation, lower export costs and improved logistics to boost competitiveness.

Colombo market fell to a three-month low as the ASPI slipped 0.50% (107.39 pts) to 21,424.99 and the S&P SL20 dropped 0.37% (22.04 pts) to 6,000.15. Foreign investors were net sellers of Rs.126.9m; main negative contributors included Carson, Melstacorp, Vallibel One and John Keells, while Lanka IOC, Ceylon Cold Stores and Dipped Products led turnover.

Dividend · Rs 0.37 · XD Jul 9, 2026

First Interim dividend of LKR 0.37/share; XD 2026-07-09; record 2026-07-09; payable 2026-07-22; FY 2026/27

The Thailand–Sri Lanka forum highlighted the newly enacted SLTFTA and reported bilateral trade rose 48% to $649m in 2025. Officials said the FTA and related measures should expand market access and investment across logistics, manufacturing, tourism, food processing, IT and healthcare.

Colombo Stock Exchange closed higher with the ASPI up 0.89% to 22,407.04 and the S&P SL20 up 0.99% to 6,242.75 on Rs.2.72bn turnover; foreign investors were net sellers of Rs.50.3m.

Colombo Stock Exchange closed higher, with the ASPI up 1.98% to 22,364.77, as rupee stabilisation and lower interest rates boosted investor confidence. Ceylon Cold Stores and Hemas posted strong quarterly profits and John Keells declared a final dividend; Dialog, Commercial Bank and Sampath gained while hSenid and Dipped Products fell.

Dipped Products PLC inaugurated a Rs. 2.3 billion expansion at its Kottawa facility, adding two advanced glove dipping plants, an ETP and a high-efficiency steam boiler with robotic automation to boost high-value glove exports. Parent Hayleys PLC is positioned to benefit from higher export volumes and FX inflows.

Dipped Products PLC (DIPD.N0000) inaugurated a Rs. 2.3 billion expansion at its Kottawa facility to boost automated high-value glove production. The project—by Hayleys PLC’s subsidiary—adds advanced robotic dipping lines, a 2,000 m3/day ETP and a high-efficiency boiler to support exports and sustainability.

First Capital says listed plantation firms AGAL, KGAL, KOTA and HOPL are well positioned to benefit from rising rubber prices as rubber makes up about 15%+ of their revenue. Dipped Products and exporters may also gain from higher rubber prices and rupee depreciation, while Kelani Tyres could face margin pressure.

Dipped Products PLC launched 'DPL EasyPay', a digitised procurement system connecting 4,500+ latex farmers and 40+ agents, enabling 50% instant payments at collection and saving ~6,200 man-hours monthly. The offline-capable platform adds QR traceability, biometric validation and SAP integration and is shortlisted for a digital impact award.

Dividend · Rs 0.76 · XD Apr 15, 2026

Fourth Interim dividend of LKR 0.76/share; XD 2026-04-15; record 2026-04-15; payable 2026-04-28; FY 2025/26

Colombo Stock Exchange closed down with the ASPI down 0.12% to 21,066.18 and turnover at 3.57 billion rupees. Crossings included John Keells (11,971,313 shares) and Seylan Bank (300,000), and Dipped Products and Haycarb announced cash dividends of 0.76 and 1.70 rupees per share respectively.

Dipped Products PLC (DIPD.N0000) was named Overall Winner – Most Outstanding Exporter 2025 at the National Chamber of Exporters Awards, winning five awards including Highest Net Foreign Exchange Earner and Gold in Rubber & Rubber Products. The company, part of Hayleys Group, was also recognised for emerging markets performance and inclusive employment.

Dipped Products PLC (DIPD.N0000) rang the Colombo Stock Exchange opening bell to mark its 50th anniversary. The manufacturer of protective handwear and plantation services, a member of Hayleys PLC (HAYL.N0000), serves customers in over 70 countries.

Dipped Products PLC (DIPD.N0000) rang the Colombo Stock Exchange opening bell to mark its 50th anniversary. DPL, a Hayleys PLC group company, is a leading protective handwear manufacturer and plantation manager exporting to over 70 countries.

Dipped Products PLC marked its 50th anniversary by refurbishing the Physiotherapy Unit at Monaragala District General Hospital and donating a BTL CPMotion rehabilitation machine. It also provided financial aid to 22 farmers after Cyclone Ditwah, donated gloves to the municipal council, installed a school drinking-water system and ran education outreach.

Dipped Products PLC renovated the Physiotherapy Unit at Monaragala District General Hospital and donated a BTL CPMotion rehabilitation machine as part of its 50th-anniversary programme. The company also provided financial aid to 22 cyclone-affected farmers, donated gloves to the municipal council, installed a school water system and ran education outreach activities.

Hayleys PLC won the Gold Award for Overall Excellence in Corporate Reporting at CA Sri Lanka's TAGS Awards 2025 for the fourth consecutive year, with the Group securing 21 awards including 14 Golds. Several listed firms on the shortlist also won sector awards, including Haycarb, Kelani Valley, Singer, Dipped Products, Alumex, Talawakelle, Horana and Kingsbury.

Colombo bourse dipped as the ASPI fell 0.21% to 23,870.07 despite net foreign inflows of Rs.37 million after 22 days of outflows. Capital goods led turnover; John Keells and Hayleys rose while Sampath, Colombo Dockyard, Dialog, DFCC and Commercial Bank were among the negative contributors.

Merchant Bank of Sri Lanka & Finance PLC (MBSL) recalibrated the MBSL Midcap Index effective 1 January 2026, setting the midcap market-cap range at Rs. 8.45 billion–Rs. 84.5 billion and selecting 25 constituents. New inclusions include Sierra Cables, Aitken Spence, Vallibel Finance, Lanka IOC, JAT Holdings and Prime Lands; Citizens Development, CIC, Ceylon Grain Elevators, John Keells, Hayleys Fabric, Teejay Lanka and Watawala Plantations were excluded.

Colombo market rose as the ASPI gained 0.66% (150.67 pts) to 23,014.75, with market value up Rs.58.89 billion and turnover ~Rs.5.8 billion. Top contributors included Commercial Bank, ACL Cables, Dipped Products, Carson Cumberbatch, LOLC and Sampath, and foreigners were net buyers (~Rs.87.8m).

Colombo Stock Exchange rose 0.66% as the ASPI closed 150.67 points higher at 23,014.75. Top contributors included Commercial Bank, Carson Cumberbatch, ACL Cables, LOLC and Sampath Bank; turnover rose to 5.7 billion rupees and net foreign outflow was 87 million rupees.

Dividend · Rs 0.51 · XD Jan 12, 2026

Third Interim dividend of LKR 0.51/share; XD 2026-01-12; record 2026-01-12; payable 2026-01-26; FY 2025/26

Pushpika Janadheera, Managing Director of Dipped Products PLC, was reappointed Chairman of SLAMERP at the Association’s AGM. SLAMERP is lobbying on US tariffs and the proposed SVAT removal and is working to strengthen rubber export competitiveness and supply chains.

Dipped Products PLC managing director Pushpika Janadheera was reappointed chairman of the Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) at its 15th AGM. The AGM also announced proposed office-bearers for 2026–27 and emphasized support for the country's value-added rubber sector.

Dipped Products PLC donated 50,000 protective gloves to the Ministry of Defence for flood relief. The gloves, handed over by Hayleys PLC's chairman alongside DPL's MD, will be deployed to assist relief personnel and volunteers in flood-affected areas.

Colombo market recouped 30% of Monday’s Rs.240 billion wipe-off as the ASPI rose 1% (219 points), restoring about Rs.72 billion of market cap; top contributors included RICH, CINS, SAMP, BUKI and NDB while capital goods and materials led turnover.

Hatton National Bank won the Best Corporate Citizen Sustainability Award 2025 at the Ceylon Chamber of Commerce awards on 19 November. Multiple shortlisted firms were recognised across categories, including Commercial Bank, Hemas, Talawakelle, Elpitiya and Kelani Valley Plantations, Dilmah, Dipped Products, Haycarb, Hayleys, DFCC, Teejay Lanka, Singer and Softlogic Life Insurance.

Hatton National Bank won the 'Best Corporate Citizen Sustainability Award 2025' at the 22nd BCCS Awards. Listed companies from the shortlist recognised at the event include Commercial Bank, Hemas, DFCC (Green Bond project), Talawakelle TE (Category B winner), Elpitiya, Kelani Valley, Dilmah, Dipped Products, Haycarb, Teejay, Hayleys, Nawaloka Hospitals, Singer and Softlogic Life Insurance.

Dipped Products (DIPD.N0000) launched the 40-hectare EcoPulse Cloud Forest Restoration Project on Dell Mountain in partnership with Horana Plantations, focusing on montane forest restoration and biodiversity protection; Dipped said 94% of its energy use is now from renewables.