Business
JAT Holdings posts resilient Q3 with 96% revenue growth from Bangladesh
Topline increases by 14%
Foreign revenue up by 87%
Bangladesh Alkyd Manufacturing Plant commences operations
Sri Lanka Binder Manufacturing Plant near completion
Expansion into Australia through the furnishing sector
Sri Lanka’s market leader in wood coatings and paint brushes, and emerging regional conglomerate, JAT Holdings PLC recently released its financials for Q3 of FY 2023/24, reflecting a resilient performance amidst adverse market conditions. With its operations in Bangladesh seeing continued expansion, including the opening of its manufacturing facility in 2023, and its alkyd resin plant in 2024, supported by cutting-edge R&D and value engineering in Sri Lanka, JAT has established itself as a leader in wood coatings in the region.