Alliance Finance Co PLC 2019 IR
The report highlights Alliance Finance Company PLC's performance and sustainability initiatives for the fiscal year 2018/19. Despite challenging economic conditions, the company achieved a 5% growth in gross income to Rs. 7,244 million, though profit after tax declined to Rs. 306 million due to higher impairment provisions. Key achievements include becoming a member of the Sustainability Standards and Certification Initiative (SSCI) and launching the "Thuru Mithuru" tree planting program, which successfully planted 215,913 trees during the year. Additionally, the company initiated a major process re-engineering exercise in partnership with the International Finance Corporation (IFC) to transition to a unified branch model.
Company: Alliance Finance Co PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2019
Type: IR
Pages: 304
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Alliance Finance Co PLC
Annual Report
The report highlights Alliance Finance Company PLC's performance and sustainability initiatives for the fiscal year 2018/19. Despite challenging economic conditions, the company achieved a 5% growth in gross income to Rs. 7,244 million, though profit after tax declined to Rs. 306 million due to higher impairment provisions. Key achievements include becoming a member of the Sustainability Standards and Certification Initiative (SSCI) and launching the "Thuru Mithuru" tree planting program, which successfully planted 215,913 trees during the year. Additionally, the company initiated a major process re-engineering exercise in partnership with the International Finance Corporation (IFC) to transition to a unified branch model.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Employees