Company filings and market news from across Sri Lanka's stock market.
Great Place to Work Sri Lanka named its Best Workplaces for Women 2024, listing Dankotuwa Porcelain (DPL.N0000), Talawakelle Tea Estates (TPL.N0000) and Watawala Plantations (WATA.N0000) among the 15 winners recognized for inclusive workplace practices.
Talawakelle Tea Estates Plc (TPL.N0000) showcased sustainability innovations at the UN Global Compact 'Forward Faster Now' event and set an SBTi-aligned net-zero emissions target by 2050. The company reported Rs. 103.6 million in community investments and holds certifications including Ecosystem Restoration and Mother and Child Friendly Seal.
Dividend · Rs 2.25 · XD Oct 9, 2024
First Interim dividend of LKR 2.25/share; XD 2024-10-09; record 2024-10-09; payable 2024-10-21; FY 2024/2025
Planters’ Association warns 2024 tea production could be about 50 million kg below target, likely under 250 million kg. The AGM hailed a new wage deal (daily minimum Rs.1,350 plus Rs.50/kg productivity pay) and urged mechanization, diversification and policy stability to restore returns.
Planters’ Association of Ceylon will hold its 170th AGM on 14 September with Hayleys PLC Chairman Mohan Pandithage presiding; the meeting will appoint the 2024/25 chairman and executive committee and focus on productivity, diversification and sustainability in the plantation sector.
Talawakelle Tea Estates PLC (TPL.N0000) showcased sustainability initiatives at the UN Global Compact’s Forward Faster Now event and announced SBTi-aligned net-zero by 2050 targets. The company cited Rs.103.6m in community investments benefiting over 40,000 people and highlighted renewable energy and reforestation projects.
Colombo Stock Exchange closed down: All Share Index fell 0.21% to 11,458 and S&P SL20 fell 0.43% to 3,288; turnover was 797 million with a net foreign inflow of 15.5 million. Top foreign buying included Melstacorp and John Keells, while foreign selling hit Commercial Bank, Ceylon Cold Stores, Associated Motor Finance and Talawakelle; top turnover contributors were Commercial Bank, Dialog, Kelani Tyres, HNB and John Keells.
A Ceylon Chamber delegation led by Hayleys Advantis and including Ceylon Cold Stores urged greater regional economic integration and establishment of a BIMSTEC FTA at the BIMSTEC Business Summit to boost trade in processed food (sugar, spices, tea), pharmaceuticals and logistics.
UN Global Compact Network Sri Lanka will present sessions at the 'Forward Faster Now | Asia & Oceania' event (5–6 Aug 2024) and run sustainability accelerators; speakers from listed firms include Talawakelle Tea Estates (TPL), Commercial Bank of Ceylon (COMB) and Aitken Spence (SPEN).