Diesel & Motor Engineering PLC 2007 AR2
The report highlights Diesel & Motor Engineering PLC's (Dimo) performance and sustainability initiatives for the fiscal year ended March 31, 2007. The company achieved a 23.6% growth in group turnover to Rs. 13 billion and a 34% increase in pre-tax profit to Rs. 512 million, despite challenges from rising interest rates. Key operational milestones included the commercial launch of a tyre retreading plant at Homagama and the introduction of the popular Tata Ace mini truck, known as 'Dimo Batta.' On the sustainability front, Dimo maintained its ISO 14001 certified Environmental Management System, expanded its Automobile Training School (DATS) to empower local youth, and received a Corporate Governance rating of 6(CG) from Det Norske Veritas.
Company: Diesel & Motor Engineering PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2007
Type: AR2
Pages: 128
Back to company
Diesel & Motor Engineering PLC
Annual Report
The report highlights Diesel & Motor Engineering PLC's (Dimo) performance and sustainability initiatives for the fiscal year ended March 31, 2007. The company achieved a 23.6% growth in group turnover to Rs. 13 billion and a 34% increase in pre-tax profit to Rs. 512 million, despite challenges from rising interest rates. Key operational milestones included the commercial launch of a tyre retreading plant at Homagama and the introduction of the popular Tata Ace mini truck, known as 'Dimo Batta.' On the sustainability front, Dimo maintained its ISO 14001 certified Environmental Management System, expanded its Automobile Training School (DATS) to empower local youth, and received a Corporate Governance rating of 6(CG) from Det Norske Veritas.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2007
Reporting Period
Apr 1, 2006 - Mar 31, 2007
Fiscal Year
2007
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees