Colombo Land and Development Co PLC 2018 AR2
The report highlights Colombo Land & Development Company PLC's financial and operational performance for the fiscal year 2018. Despite a challenging real estate market in Sri Lanka, the company achieved a total revenue of Rs. 481.9 million, representing an 8.08% year-on-year growth, driven by increased occupancy and rent reviews at Liberty Plaza. The group's operating profit (excluding fair value gains) rose by 10% to Rs. 258 million, while overall occupancy reached 95%. Additionally, the company continued its commitment to sustainability by implementing energy-efficiency measures and managing its commercial plantations to reduce its carbon footprint.
Company: Colombo Land and Development Co PLC
Sector: Real estate
Country: Sri Lanka
Year: 2018
Type: AR2
Pages: 140
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Colombo Land and Development Co PLC
Annual Report
The report highlights Colombo Land & Development Company PLC's financial and operational performance for the fiscal year 2018. Despite a challenging real estate market in Sri Lanka, the company achieved a total revenue of Rs. 481.9 million, representing an 8.08% year-on-year growth, driven by increased occupancy and rent reviews at Liberty Plaza. The group's operating profit (excluding fair value gains) rose by 10% to Rs. 258 million, while overall occupancy reached 95%. Additionally, the company continued its commitment to sustainability by implementing energy-efficiency measures and managing its commercial plantations to reduce its carbon footprint.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
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
Energy Consumption
Water Consumption
Employees