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Teejay Lanka Plc (Sri Lanka)

Main Activities: Textile Product Mills
Full name: Teejay Lanka Plc Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Teejay Lanka Plc is a multinational manufacturer of weft knitted fabric based in Avissawella, Sri Lanka. 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. Teejay specializes in providing a wide range of products and services related to weft knit manufacturing, including lace dyeing, yarn dyeing, and synthetic fabric production. The company has established strategic partnerships with leading pioneers in the fabric and apparel industry, such as Brandix Lanka and Pacific Textiles. Teejay is committed to sustainable production and invests in state-of-the-art machinery to increase capacity while reducing its carbon footprint. The company has a strong reputation for product quality and customer service, serving world-renowned retail brands from Europe, USA, and Asia. Teejay also focuses on new business incubation to pave the path for future growth. The company's culture is built on core values of integrity, innovation, collaboration, and togetherness. Teejay Lanka Plc was incorporated in 2000 as Textured Jersey Lanka Pvt Ltd.

Headquarters
Block D8 - D14, Seethawaka, Export Processing Zone
Avissawella; Western Province;

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Website: http://www.texturedjersey.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2000
Key Executives
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
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Director/Member of the Board
Ownership Details
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32.52%
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2.69%
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2.42%
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1.43%
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1.22%
Subsidiaries
Ocean Mauritius Limited (Oml)
100%
Teejay Lanka Prints (Private) Limited
100%
Teejay India (Private) Limited
99.99%
Company Performance
Financial values in the chart are available after Teejay Lanka Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency LKR. Absolute financial data is included in the purchased report.
Net sales revenue
-31.93%
Total operating revenue
-31.91%
Operating profit (EBIT)
-51.7%
Net Profit (Loss) for the Period
-71.26%
Total assets
-9.2%
Total equity
-11.12%
Operating Profit Margin (ROS)
-1.15%
Net Profit Margin
-1.71%
Return on Equity (ROE)
-3.69%
Debt to Equity Ratio
-4.46%
Quick Ratio
0.32%
Cash Ratio
0.05%

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