Fortress Resorts PLC 2017 AR2
The report highlights The Fortress Resort & Spa's financial and operational performance for the fiscal year ended March 31, 2017, alongside its fourth sustainability review. Despite facing increased competition and global economic volatility, the company achieved a profit after tax of Rs. 134.9 million and continued its phased refurbishment program. Key sustainability initiatives included the successful expansion of its organic home garden, local community integration through cultural events, and progress toward Green Globe certification, meeting 75% of the requirements. Additionally, the company advanced plans for its second hospitality property, a 66-room luxury resort in Mirissa.
Company: Fortress Resorts PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2017
Type: AR2
Pages: 132
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Fortress Resorts PLC
Annual Report
The report highlights The Fortress Resort & Spa's financial and operational performance for the fiscal year ended March 31, 2017, alongside its fourth sustainability review. Despite facing increased competition and global economic volatility, the company achieved a profit after tax of Rs. 134.9 million and continued its phased refurbishment program. Key sustainability initiatives included the successful expansion of its organic home garden, local community integration through cultural events, and progress toward Green Globe certification, meeting 75% of the requirements. Additionally, the company advanced plans for its second hospitality property, a 66-room luxury resort in Mirissa.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
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
No data available