Balangoda Plantations PLC 2021 AR2
The report highlights Balangoda Plantations PLC's performance for the fiscal year 2021, during which the company achieved its highest-ever turnover since privatization, reaching Rs. 4.002 billion. This growth was driven by increased production volumes in both the tea and rubber sectors, alongside a significant rise in rubber sale prices. Despite challenges from the COVID-19 pandemic, fertilizer restrictions, and wage hikes, the company achieved its highest tea yield per hectare in 11 years. Additionally, the rubber sector recorded a profit for the first time in ten years. The company continued its sustainability efforts by focusing on environmental protection, community development, and maintaining international certifications like ISO 22000.
Company: Balangoda Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2021
Type: AR2
Pages: 94
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Balangoda Plantations PLC
Annual Report
The report highlights Balangoda Plantations PLC's performance for the fiscal year 2021, during which the company achieved its highest-ever turnover since privatization, reaching Rs. 4.002 billion. This growth was driven by increased production volumes in both the tea and rubber sectors, alongside a significant rise in rubber sale prices. Despite challenges from the COVID-19 pandemic, fertilizer restrictions, and wage hikes, the company achieved its highest tea yield per hectare in 11 years. Additionally, the rubber sector recorded a profit for the first time in ten years. The company continued its sustainability efforts by focusing on environmental protection, community development, and maintaining international certifications like ISO 22000.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
May 31, 2022
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