Alliance Finance Co PLC 2016 AR2
The report highlights Alliance Finance Company PLC's performance for the fiscal year 2015/16, marking its 60th year of operations. The company achieved a 91% increase in profit before tax to Rs. 531 million and expanded its points of presence to 87. In line with its triple bottom line philosophy, the company invested Rs. 6 million in CSR, planted 14,000 trees under its 'Tree for a Lease' initiative, and received a ̢+ social rating from M-CRIL for its Microfinance operations. Additionally, the company secured its first foreign funding lines totaling USD 10 million from Triodos Bank and Commercial Bank of Ceylon PLC Bangladesh.
Company: Alliance Finance Co PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 248
Alliance Finance Co PLC
The report highlights Alliance Finance Company PLC's performance for the fiscal year 2015/16, marking its 60th year of operations. The company achieved a 91% increase in profit before tax to Rs. 531 million and expanded its points of presence to 87. In line with its triple bottom line philosophy, the company invested Rs. 6 million in CSR, planted 14,000 trees under its 'Tree for a Lease' initiative, and received a ̢+ social rating from M-CRIL for its Microfinance operations. Additionally, the company secured its first foreign funding lines totaling USD 10 million from Triodos Bank and Commercial Bank of Ceylon PLC Bangladesh.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Workplace Fatalities
Employees