Hela Apparel Holdings (HELA.N0000) has appointed Emerald Investments Ltd to manage its Egypt manufacturing facility under a Management Service Agreement signed 7 June through 31 December 2026, with an option for Emerald to acquire the unit; the move aims to address working capital constraints and maintain production.
Hela Apparel Holdings PLC
HELA.N0000InactiveManufacturing · Apparel/Footwear
Annual fundamentals
| Year | Revenue | Net profit | EPS |
|---|---|---|---|
| 2025 | Rs 83.4B | Rs -15.8B | -9.46 |
| 2024 | Rs 70.3B | Rs -348.9M | -0.28 |
| 2023 | Rs 95.3B | Rs -3.3B | -2.67 |
| 2022 | Rs 56.2B | Rs 816.3M | 0.76 |
Recent dividends
No dividend records.
About Hela Apparel Holdings PLC
Hela Apparel Holdings PLC is a socially responsible, Sri Lanka‑headquartered apparel group and global apparel supply chain solution provider that delivers sustainable, ethical and innovative apparel solutions across design, sourcing, manufacturing, brand management, warehousing and distribution. The Group operates an integrated model combining private label manufacturing with brand licensing to serve international retailers and brand partners. Hela is organised into two principal divisions: a Private Label Manufacturing Division (PLMD) that provides end‑to‑end private label manufacturing and supply‑chain services and a Brand Licensing Division (BLD) headquartered in the United Kingdom that manages owned and licensed brands. The Group operates production facilities across Sri Lanka, Kenya and Egypt and maintains a commercial presence in key markets including the UK, the European Union and the US. The Group acquired Focus Brands and relaunched it as Hela Brands, with examples of Hela Brands labels (Peter Werth and Fenchurch) sold through Tesco stores in the UK. Sustainability, community programmes and ethical compliance are embedded across the business, with initiatives on renewable energy, waste reduction and social empowerment (including Diriliya and Diridaruwo) and a global workforce of over 12,400 employees.
AI analysis
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Generate an analysis →News sentiment
Describes news flow, not a forecast2 articles in 30 days: 0 positive, 0 negative, 2 neutral.
Hela Apparel Holdings' shares were suspended from trading on the Colombo Stock Exchange effective 18 June 2026 after its auditor issued a disclaimer of opinion for the year ended 31 March 2025. The suspension will remain until the company resolves the audit issues.
Hela Apparel Holdings faces trading suspension from June 18 unless it rectifies a non-compliance after an auditor issued a disclaimer on its financials for the year ended March 31, 2025; the company has until June 16 to remedy the issue. Separately, Hela confirmed an $8m divestment of its brand business ($6m upfront, $2m earn-out) but expects only $484,000 residual cash after heavy adjustments.
Manufacturing sector: what is happening
Last 30 days to Aug 4, 2026US confirmation of a 10% Section 301 tariff preserved competitiveness for Sri Lankan manufacturers, especially apparel and rubber. Exporters sought clear, risk-based guidelines for the new forced labour import ban to avoid shipment delays. June PMI showed manufacturing expanding but slower at 53.0, led by food and beverages. FTZ manufacturers pressed for power wheeling and lower energy costs. Cabinet moved to license scrap metal exports and tighten import prepayments.
The stories behind it
Auto-generated from 43 sector news articles over 30 days. Not investment advice. 2 more stories on the sentiment page.