Balangoda Plantations PLC 2022 AR2
The report outlines the performance of Balangoda Plantations PLC for the fiscal year 2022, highlighting a record-breaking profit of Rs. 557 million and a turnover of Rs. 6.07 billion, driven by high tea and rubber prices despite national crop declines. The company achieved its highest-ever tea sector turnover of Rs. 5.4 billion and revived dolomite production at Balangoda Estate. On the sustainability front, the company maintained its commitment to environmental conservation, aligning with Rainforest Alliance standards and securing ISO 22000 certifications for multiple estates. Social initiatives focused on improving worker housing, health, and safety, alongside conducting skill development programs for estate employees.
Company: Balangoda Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2022
Type: AR2
Pages: 94
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Balangoda Plantations PLC
Annual Report
The report outlines the performance of Balangoda Plantations PLC for the fiscal year 2022, highlighting a record-breaking profit of Rs. 557 million and a turnover of Rs. 6.07 billion, driven by high tea and rubber prices despite national crop declines. The company achieved its highest-ever tea sector turnover of Rs. 5.4 billion and revived dolomite production at Balangoda Estate. On the sustainability front, the company maintained its commitment to environmental conservation, aligning with Rainforest Alliance standards and securing ISO 22000 certifications for multiple estates. Social initiatives focused on improving worker housing, health, and safety, alongside conducting skill development programs for estate employees.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
May 30, 2023
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