DPL reports steady growth in revenue
View(s):Group turnover at Dipped Products for the 9 months of the financial year  2016/17 was Rs. 18 billion, compared to Rs.16 billion for the same period of the previous year.
The Hand Protection sector contributed Rs. 11 billion to the group’s top line, while the Plantation sector recorded a turnover of Rs. 7 billion for the period, according to a company media release.
The Hand Protection sector reported a PBT of Rs.598 million, up 30 per cent from Rs.460 million in the previous period. However, the Plantation sector recorded a loss of nearly Rs. 357 million due to lower crop, mainly arising from adverse weather conditions and restrictions on weedicides.
Established in 1976, Dipped Products is one of the leading non-medical rubber glove manufacturers in the world and accounts for a 5 per cent share of the global market. The company’s products now reach 68 countries.