Haycarb records turnover of USD 27.36 Mn and profit before tax of USD 1.16 Mn for Q1 2018/19
The Sri Lankan multinational Haycarb PLC reported revenue of USD 27.36 Mn and profit before tax of USD 1.16 Mn for the first quarter of 2018/19. The profit after tax stood at USD 1.01 Mn.
Haycarb PLC Managing Director Mr. Rajitha Kariyawasan said that while the company’s initiatives to extend its market reach and the value added portfolio contributed to the noteworthy growth in turnover, the continuing shortages and escalation of charcoal cost in Sri Lanka and India negatively impacted the profitability at both the company and group levels.
He further said, “Even though coconut crop and charcoal supply chain dynamics stabilised in Indonesia, shortages in coconut shell based charcoal supplies are expected to continue in Sri Lanka, India and Thailand in the short term. In this backdrop the company is continuing to focus on the procurement strategy that emphasizes on retention of existing suppliers, broad basing the supply network and supporting low-cost environmental friendly charcoaling methods. Given the formidable supply chain challenges, Haycarb has demonstrated its sourcing capabilities, to continue deliveries to its valued customers without disruption.”
On a separate note, Mr. Kariyawasan said that the growth in the environmental engineering arm Puritas (Pvt.) Ltd. is expected to contribute positively to the profitability of the Group supported by the expected growth in water and waste water treatment projects in Sri Lanka and in the Region.
Haycarb Activated Carbon Products Awarded Three Food Certifications - GMP, HACCP and ISO 22000:2005 from SGS
Haycarb PLC proudly announces that our carbons have now been accredited with three major food certifications in the world. Our valued customers requiring activated carbon for their medical, pharmaceutical as well as food and beverage applications can now purchase Haycarb food grade activated carbon to be used in their products with following certifications:
- GMP (Good Manufacturing Practices) Certification: Accredited by SGS- Sri Lanka
- HACCP (Hazard Analysis and Critical Control Point) codex Aliment Arius Certification: Accredited by SGS- Sri Lanka
- ISO 22000:2005 Standard for Food Safety Management: Accredited by SGS-Switzerland as a Food Grade Carbon under Food Additives Category.
GMP certification is awarded to our Medicine and Pharmaceutical range of carbons manufactured as Food Grade activated carbon.
Our carbons with RMP code manufactured especially for Food and Beverage related applications are certified under HACCP and ISO22000 under Food Additive category.
The qualified food safety team of Haycarb PLC has been working rigorously dedicated to establishing production and quality management procedures and protocols internally to implement Food Management production standards. Ensuring product hygiene, eliminating contamination risks, maintaining product quality, improving work environment and the training of employees has been conducted under the direction and facilitation of Mr. Rajitha Kariyawasan, Managing Director of Haycarb PLC.
The awarding ceremony of above certifications was held at the head office of Haycarb PLC at 400, Deans Road Colombo -10, Sri Lanka on 26th March 2018.
Mr. Chamika Wimalasiri- Business Manager, Certification & Business Enhancement at SGS- Sri Lanka awarded the certificated to Mr. M S P Udaya Kumara, Director-Technical and R&D, Mr. Brahman Balaratnarajah, Director - Manufacturing & Engineering and Mr. Ali Asgar Munaver – Director -Business Development respectively.
Haycarb PLC is committed to ensuring the consistent product quality to meet the new accredited standards with the use of advanced manufacturing technology, specialized manufacturing processes and hygienic conditions of food grade carbon as food additives.
Certifications
Mr. Chamika Wimalasiri of SGS presenting Mr. Udaya Kumara, Director R&D - Haycarb PLC the ISO 22000 certification
Mr. Chamika Wimalasiri of SGS presenting Mr. Bremen Balaratnarajah, Director Engineering- Haycarb PLC the HCPP certification
Mr. Chamika Wimalasiri, of SGS presenting Mr. Ali Munaver, Director Business Development – Haycarb PLC, the GMP certification
Haycarb Food Safety Team with the SGS official at the award ceremony
Haycarb at Aquatech China 2018
Meet us at Aquatech China to discuss your activated carbon requirement for water treatment!
Our representatives met with many of our valued customers from China as well as all over the globe at Aquatech China 2008. Many customers stopped by to discuss their various needs in activated carbon relating to water treatments in applications such as Block Filters, Monochloramaine Removal, Industrial Water Treatment, Municipal Water Treatment as well as Drinking Water Treatment.
Eurocarb at FILTECH 2018
Haycarb PLC's European subsidiary Eurocarb participated at the FILTECH 2018 held during March 15-18 this year. Our representatives met with a large number of interested parties, especially from the European region to discuss their activated carbon requirements for filteration.
Eurocarb Team would like to thank the customers and visitors who stopped by:
"Once again this year Filtech has been a big success for Eurocarb, the European subsidiary of Haycarb plc. It is a great opportunity to meet with our customers and people from different companies all around the globe. Many thanks for all that came to visit our brand new stand!
We hope to see you all soon.
The Eurocarb Team."
FILTECH is the largest filteration event held world-wide.
Recent News
- Haycarb Trades Carbon Credits under Kyoto Protocol
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- Haycarb records turnover of USD 90.8 Mn and profit before tax of USD 8.1 Mn for 2014/15
- Hayleys Group CKD – CSR Water Initiative “Puritas Sath Diyawara” wins prestigious Asia Responsible Entrepreneurship Award 2015
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Haycarb PLC is the world's leading manufacturer and marketer of coconut shell based activated carbon solutions. We have over 35 years of experience...
View on YoutubeHayleys is one of Sri Lanka's largest multinational business conglomerates with a history spanning 134 years. We drive a globally competitive busin...
View on YoutubeHayleys is one of Sri Lanka's largest multinational business conglomerates with a history spanning 134 years. We drive a globally competitive busin...
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