Textured Jersey doubles net profits for Q2 FY'12

20 Nov '12

3 min read

On a more strategic note, Mr. Omar mentioned that the conceptual designs and regulatory approvals for TJL's multi fuel boiler plant have already been completed and construction is expected to commence in 3Q FY2012/13.

Once operational, this project is expected to reduce TJL's energy costs substantially. Further, according to the statement, the acquiring of a fabric mill within the region as a part of TJL's expansion strategy is moving forward according to schedule.

Mr. Omar concluded his review by stating that the management of TJL remain confident that with the current diligent planning, process streamlining and efficient controls in place, the company will continue to enhance shareholder value and deliver strong results in the coming quarter as well.

Textured Jersey is a Public Limited Liability Company with two of the best brands in the industry as major shareholders, Pacific Textiles and Brandix Lanka.

Brandix Lanka is the country’s largest apparel exporter servicing the world’s finest brands, and partners Textured Jersey as a strategic link in the supply chain.

Brandix Group

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