Dipped Products Ltd (DPL) has posted Rs. 27.7 billion turnover, a 20 percent increase for the financial year 2014/15 with a Profit Before Tax (PBT) of Rs. 1.7 billion.
"DPL's performance in the last financial year reflects our commitment to grow our global market share, and the increased efficiencies we have been able to achieve at our manufacturing facilities including the newly established DPL Premier Gloves factory in the Biyagama Industrial Zone.
The Venigros subsidiary of DPL ceased its operations since August, 2013 and there are no plans to revive this operation.
As part of the long-term strategy, we will continue to evaluate investing in appropriate industrial zones both in Sri Lanka and overseas." DPL Managing Director, Dr. Mahesha Ranasoma, said.
DPL also invested in a another glove manufacturing facility namely DPL Universal Gloves Limited which was incorporated this year in the Biyagama Free Trade Zone which will entirely focus on value added industrial glove products.
www.dailynews.lk
"DPL's performance in the last financial year reflects our commitment to grow our global market share, and the increased efficiencies we have been able to achieve at our manufacturing facilities including the newly established DPL Premier Gloves factory in the Biyagama Industrial Zone.
The Venigros subsidiary of DPL ceased its operations since August, 2013 and there are no plans to revive this operation.
As part of the long-term strategy, we will continue to evaluate investing in appropriate industrial zones both in Sri Lanka and overseas." DPL Managing Director, Dr. Mahesha Ranasoma, said.
DPL also invested in a another glove manufacturing facility namely DPL Universal Gloves Limited which was incorporated this year in the Biyagama Free Trade Zone which will entirely focus on value added industrial glove products.
www.dailynews.lk
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