Textured Jersey Lanka registered a 46 per cent surge in net profits for the fourth fiscal quarter that ended on March 31, 2015. According to Bill Lam, Chairman of the company, the strong quarterly performance enabled the company conclude the year with a record profit despite the slowdown in sales experienced in the early part of the year. Lam further added that the prospects of GSP+ being reinstated in the future would further help the company to capitalize on the current momentum.
