Category Archives: CORPORATE NEWS

CEO’s Review Q4 – 2017/2018

Robust Revenue Growth but Operating Profit Declines as Hemas Acquires and Expands Hemas Holdings PLC (HHL) reported full year consolidated revenue of Rs.50.9Bn, an increase of 17.2% over last year for the period ended March 31, 2018. Revenue growth was … Continue reading

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CEO’s Review Q3 – 2017/2018 : Hemas Holdings PLC reported a consolidated revenue of Rs.35.6Bn for the first nine months, up by 11.4%

Hemas Holdings PLC (HHL) and its subsidiaries reported a consolidated revenue of Rs.35.6Bn; a year-on-year (YoY) growth of 11.4% and profit attributable to equity holders of Rs.2.1Bn, a decline of 12.7% for the nine months ending December 31, 2017. Cumulative … Continue reading

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HEMAS INTEGRATED LOGISTICS REBRANDED AS SPECTRA INTEGRATED LOGISTICS

Commences operations with a new state-of-the-art container yard in the Muthurajawela Industrial Zone Colombo, 31st January 2018; Hemas Integrated Logistics known across the industry for its service excellence, proven track record and corporate backing, turned a new chapter in its … Continue reading

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Hemas Consolidates FMCG position by acquiring Atlas—Sri Lanka’s most loved brand of 2017

19th January 2018, Colombo; Hemas Holdings PLC acquired 75.1% of Atlas Axillia Co (Pvt) Ltd, Sri Lanka’s leading School and Office brand, for a consideration of Rs. 5.7 billion. The existing shareholders of Atlas will retain a stake of 24.9% … Continue reading

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CEO’s Review Q2 2017/2018: Hemas Achieves Revenue Growth of 11.6%

Hemas Holdings PLC (HHL) and its subsidiaries achieved a consolidated revenue of Rs.23.0Bn; a year-on-year (YoY) growth of 11.6% and profit attributable to equity holders of Rs.1.4Bn, a decline of 8.0% for the six months ending September 30, 2017. Year … Continue reading

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Hemas ‘Piyawara Singithi Diriya’ Prison Project to Enrich & Empower Children

In partnership with the Ministry of Women & Child Affairs and Welikada Prison Authorities Colombo, Monday 28 August 2017: The Hemas Outreach Foundation (HOF), in collaboration with the Ministry of Women and Child Affairs of Sri Lanka and the Welikada Prison … Continue reading

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‘Hemas Cash Back’ VAT Reclaim Service helps travellers transform trash into cash

Hemas Travels, the local representative for Hogg Robinson Group (HRG), the global travel management company with representation in over 120 countries, has been appointed the official representative for the Cash Back, the VAT reclaim organisation with its Head Office in … Continue reading

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Hemas Vesak Lantern for the 20th Consecutive Year

The Hemas Vesak Lantern which is now a landmark at Braybrooke Place in Colombo  since 1998, was ceremonially inaugurated by the Ven. Galaboda Gnanissara Thero, Chief Incumbent of the Hunupitiya Gangarama temple on 8th  May 2017.  This Vesak Lantern will … Continue reading

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Launch of official website for Elephant Transit Home in Udawalawe

Hemas together with Department of Wild life and Conservation launches official website for Elephant Transit Home in Udawalawe Picture 1: Abhiman’ the baby elephant adopted by Hemas Green Club at the ETH.   Picture 2: Launch of ETH website by … Continue reading

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Hemas and GAC to Build a World-class Integrated Logistics Facility in Muthurajawela Industrial Zone

Colombo. Friday 27 January 2017:  Hemas together with the GAC Group Sri Lanka are to build a modern integrated logistics facility in the Muthurajawela Industrial Zone, with a state-of-the-art distribution centre, container yard and a warehouse facility that spreads across … Continue reading

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