Asian Hotels and Properties PLC 2012 AR2
The report highlights the financial and sustainability performance of Asian Hotels and Properties PLC for the fiscal year 2011-2012. The group achieved a record revenue of Rs. 8.8 billion and a profit after tax of Rs. 2.50 billion, driven by strong performance in its leisure and property sectors. Flagship properties Cinnamon Grand Colombo and Cinnamon Lakeside Colombo were both recognized as Best Five Star City Hotels in Sri Lanka. On the sustainability front, both hotels achieved Green Globe certification, reflecting their commitment to international environmental standards. The company also focused on community empowerment, sourcing local produce, and implementing energy and water conservation initiatives.
Company: Asian Hotels and Properties PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2012
Type: AR2
Pages: 104
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Asian Hotels and Properties PLC
Annual Report
The report highlights the financial and sustainability performance of Asian Hotels and Properties PLC for the fiscal year 2011-2012. The group achieved a record revenue of Rs. 8.8 billion and a profit after tax of Rs. 2.50 billion, driven by strong performance in its leisure and property sectors. Flagship properties Cinnamon Grand Colombo and Cinnamon Lakeside Colombo were both recognized as Best Five Star City Hotels in Sri Lanka. On the sustainability front, both hotels achieved Green Globe certification, reflecting their commitment to international environmental standards. The company also focused on community empowerment, sourcing local produce, and implementing energy and water conservation initiatives.
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Document Details
Report Year
2012
Reporting Period
Apr 1, 2011 - Mar 31, 2012
Fiscal Year
2012
Published
May 25, 2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees