Ceylon Tea Brokers PLC 2023 AR2
The report highlights Ceylon Tea Brokers PLC's exceptional performance for the fiscal year 2022/23, achieving its highest-ever revenue of LKR 1,155 million and a record profit after tax of LKR 240 million. Despite a decline in national tea production due to fertilizer shortages, the company capitalized on elevated auction prices driven by currency depreciation. The group also expanded its logistics subsidiary, Logicare (Pvt) Ltd, which delivered a 94% year-on-year revenue increase. Additionally, the company maintained its commitment to sustainability by advancing its paperless office initiatives, reducing fuel and water consumption, and supporting local communities.
Company: Ceylon Tea Brokers PLC
Sector: Financials
Country: Sri Lanka
Year: 2023
Type: AR2
Pages: 200
Ceylon Tea Brokers PLC
Annual Report
The report highlights Ceylon Tea Brokers PLC's exceptional performance for the fiscal year 2022/23, achieving its highest-ever revenue of LKR 1,155 million and a record profit after tax of LKR 240 million. Despite a decline in national tea production due to fertilizer shortages, the company capitalized on elevated auction prices driven by currency depreciation. The group also expanded its logistics subsidiary, Logicare (Pvt) Ltd, which delivered a 94% year-on-year revenue increase. Additionally, the company maintained its commitment to sustainability by advancing its paperless office initiatives, reducing fuel and water consumption, and supporting local communities.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
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
Water Consumption
Workplace Fatalities
Employees