Dipped Products

In 2011, Dipped Products acquired 66.7% of the ownership of Hayleys Plantation Services which is the holding company of Talawakelle Tea Estates PLC.

[6] Upon declaration of the COVID-19 pandemic, the World Health Organization requested to increase the production of personal protective equipment (PPE) by 40% from the industry and the governments.

To this effect, the company invested an LKR1 billion to construct a new manufacturing facility in Biyagama Export Processing Zone as a BOI project.

[8] Dipped Products benefitted from the diverted orders after the United States ban on imports from two subsidiaries of Top Glove on charges of forced labour.

[9] The company's 2021 second-quarter earnings declined due to sharp rise in transportation and administrative costs.