VISIONVISION
Our Vision is to make H V A FOODS PLC a truly global company dealing in every kind of tea & tea-based products.
MSSIONMISSION
To drive the flagship brand HELADIV to win customer confidence and loyalty in tea and tea-based products in all corners of the world, thereby empowering H V A FOODS PLC to reach its objectives.
CONTENTS
Our | Recent | |||||||||||||||||
4 | Product | Our | Symbolising | |||||||||||||||
6 | 8 | 10 | 11 | |||||||||||||||
Mix | Reach | Awards | Product | |||||||||||||||
Excellence | ||||||||||||||||||
and | ||||||||||||||||||
Customer | ||||||||||||||||||
Confidence | ||||||||||||||||||
12 | Board of | Tea Industry | ||||||||||||||||
15 | 18 | |||||||||||||||||
Directors | Overview | |||||||||||||||||
Chairman's | ||||||||||||||||||
Message | ||||||||||||||||||
Management | RISK | Strategic Focus & | Corporate | |||||||||||||||
Discussion & | Management | Future Orientation | Governance | |||||||||||||||
19 | 23 | 24 | 25 | |||||||||||||||
Analysis | ||||||||||||||||||
Statement of | Audit | Remuneration | Related Party | Annual Report of the | ||||||||||||||
Transactions | Board of Directors on the | |||||||||||||||||
Compliance | Committee | Committee | Review | |||||||||||||||
52 | ||||||||||||||||||
29 | 47 | 49 | 50 | |||||||||||||||
Report | Report | Committee | Affairs of the Company | |||||||||||||||
Report | ||||||||||||||||||
Independent | ||||||||||||||||||
Auditors' | ||||||||||||||||||
Report | ||||||||||||||||||
FINANCIAL INFORMATION | 58 | |||||||||||||||||
Statement of | Statement | Statement of | Statement of | Notes to the | Statement | |||||||||||||
Comprehensive | of Financial | Changes in | Cash Flow | Financial | of Directors' | |||||||||||||
63 | 64 | 65 | 66 | 67 | 114 | |||||||||||||
Income | Position | Equity | Statements | Responsibilities | ||||||||||||||
Investor | Five Year | 118 | 120 | 121 | ||||||||||||||
115 | 117 | |||||||||||||||||
Information | Summary | Notes | Notice of Meeting | Form of Proxy | ||||||||||||||
Corporate Information IBC
A brand with a
Global Recognition
Being an innovator means, going where nobody has gone before. Over the years, we are proud to be recognized, as the tea innovators and we promise to pioneer on!
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Annual Report 2023/24 | |
Heladiv Tea has played a pivotal role
in bringing immense pride to the Sri Lankan
tea industry and has been a significant contributor to the country's economy for several decades since its inception.
With a rich history deeply rooted in Sri Lanka's tea heritage, Heladiv Tea has
consistently upheld the highest standards of quality and craftsmanship, showcasing the
exceptional flavours and unique characteristics of Ceylon tea to the world.
Since its establishment, Heladiv Tea has been committed to nurturing and sustaining the tea plantations in Sri Lanka, fostering a sustainable and ethical approach to tea cultivation.
By implementing environmentally friendly practices and supporting local communities, the brand has not
only contributed to the economic growth of Sri Lanka but has also promoted social welfare and environmental
conservation.
Heladiv Tea's unwavering dedication to excellence has earned itself a reputation as a trusted and revered name in the global tea market. The brand's extensive range of teas, including black, green, herbal, and specialty blends, has delighted tea connoisseurs worldwide, captivating their taste buds with the authentic essence of Sri Lankan tea.
Through its continuous innovation, Heladiv Tea has introduced new and exciting tea concepts, blending traditional craftsmanship with modern techniques. This has allowed the brand to stay at the forefront of the ever-evolving tea industry, appealing to a diverse range of consumers and expanding its market presence both domestically and internationally.
As an ambassador of Sri Lankan tea, Heladiv Tea has played a vital role in promoting the country's rich tea culture and heritage on the global stage.
Its relentless pursuit of quality and commitment to sustainable practices has not only elevated the reputation of Ceylon tea but has also contributed significantly to the overall growth and success of the Sri Lankan tea industry.
The R&D laboratory of H V A, also known as the "Bumble Bee Concept Centre" is the country's first standardized laboratory and development Centre for Ceylon Tea. The key objective of the laboratory has been the development of new value added concepts, utilizing tea and other organically grown produce that go beyond the traditional tea industry approach.
The Bumble Bee Concept Centre currently boasts many innovative new business ventures. The Bumble Bee Concept Centre has been fitted with the most cutting- edge equipment of its kind such as spectrophotometer, sophisticated
analytical balances, research & development pH metres and
Laminar flow facility for Microbiological testing among
others.
OUR PRODUCT MIX
H V A's portfolio of products have now transcended from traditional tea to modern ready-to-drink iced tea variants. It has also introduced superfoods like Moringa, spice teas and herbal infused beverages to suit wellness, mixology, culinary and HORECA needs. Founded by an expert tea connoisseur Rohan Fernando, counting over 4 decades of local and global experience in the industry, having worked at Brooke Bond, Ceylon Health & Co etc. H V A Foods PLC has been built upon a strong foundation of quality, consistency and innovation.
BEVERAGES COLLECTION
Made from 100% pure Ceylon tea using a methodology to retain the natural taste and properties.
HERBAL COLLECTION
Using the knowledge of our ancestors, our tea masters and nutritionist have created this.
PREMIUM COLLECTION
A tea for every season
- a range of beautifully designed tins that encapsulate the spirit.
TEA BAG COLLECTION
The HELADIV flavour collection is a marriage of exotic flavours with the finest Ceylon tea.
6 H V A FOODS PLC Annual Report 2023/24
TEA FROM
PARADISE
We at Heladiv take pride in presenting "Pride of Ceylon" tea in its finest form.
GIFT COLLECTION
Heladiv brings you a collection of gifts items from the classic wooden compartment boxes.
OTHER
BRANDS
HORECA COLLECTION
HELADIV professional is specifically designed for the hospitality and catering sectors.
MIXOLOGY COLLECTION
Be your own DIY Mixology! Step up your perfect party punch to fulfil the nostalgic cravings.
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Annual Report 2023/24 | |
OUR REACH
HELADIV is today registered in over 40 countries around the world
NORTH/SOUTH
AMERICA
- Canada
- USA
- Jamaica
- St. Lucia
- St. Vincent
- Barbados
8 H V A FOODS PLC Annual Report 2023/24
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