Balangoda Plantations PLC 2020 AR2
The report highlights Balangoda Plantations PLC's performance for the fiscal year 2020, during which the company recorded an overall profit of Rs. 116 million, recovering from a loss of Rs. 1 billion in the previous year. Despite the challenges of the COVID-19 pandemic, the company's tea production increased by 20% to 5.70 million kgs, and rubber production increased by 158,000 kgs. The company achieved record tea revenues of Rs. 3.244 billion and implemented sustainable agricultural practices, including rain-guarding rubber trees and obtaining ISO 22000 certifications for multiple estates. Additionally, the company focused on community development, health and safety awareness, and employee skill development.
Company: Balangoda Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2020
Type: AR2
Pages: 95
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Balangoda Plantations PLC
Annual Report
The report highlights Balangoda Plantations PLC's performance for the fiscal year 2020, during which the company recorded an overall profit of Rs. 116 million, recovering from a loss of Rs. 1 billion in the previous year. Despite the challenges of the COVID-19 pandemic, the company's tea production increased by 20% to 5.70 million kgs, and rubber production increased by 158,000 kgs. The company achieved record tea revenues of Rs. 3.244 billion and implemented sustainable agricultural practices, including rain-guarding rubber trees and obtaining ISO 22000 certifications for multiple estates. Additionally, the company focused on community development, health and safety awareness, and employee skill development.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Jun 28, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available