Atlas Battery Ltd 2020 AR2
The report details Atlas Battery Limited's performance for the fiscal year ended June 30, 2020, highlighting its resilience during the COVID-19 pandemic. Despite a 1.8% decline in sales to Rs. 12.5 billion, the company achieved a gross profit of Rs. 879 million, representing a 229.7% increase from the previous year due to effective cost control measures. The company successfully acquired the ISO 50001:2011 Energy Management System certification and installed a state-of-the-art wastewater treatment plant designed by its joint venture partner, GS Yuasa. Additionally, the company launched new maintenance-free batteries for vehicles and deep-cycle batteries specifically designed for solar panels and UPS systems.
Company: Atlas Battery Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2020
Type: AR2
Pages: 171
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Atlas Battery Ltd
Annual Report
The report details Atlas Battery Limited's performance for the fiscal year ended June 30, 2020, highlighting its resilience during the COVID-19 pandemic. Despite a 1.8% decline in sales to Rs. 12.5 billion, the company achieved a gross profit of Rs. 879 million, representing a 229.7% increase from the previous year due to effective cost control measures. The company successfully acquired the ISO 50001:2011 Energy Management System certification and installed a state-of-the-art wastewater treatment plant designed by its joint venture partner, GS Yuasa. Additionally, the company launched new maintenance-free batteries for vehicles and deep-cycle batteries specifically designed for solar panels and UPS systems.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees