Fortress Resorts PLC 2023 AR2
The report details the financial and operational performance of The Fortress Resort PLC for the fiscal year ended March 31, 2023. Despite facing severe domestic economic challenges and high inflation, the company saw a 25% increase in total revenue to Rs. 446.7 million, driven by a recovery in tourist arrivals. TFR continued its commitment to sustainability by utilizing solar panels to save diesel during the fuel crisis and maintaining its fully operational organic garden. The resort also invested Rs. 16.9 million in capital expenditures, including major renovations to the hotel lobby ceiling and pool deck, and was recognized in TripAdvisor's 'Best of the Best 2022' category.
Company: Fortress Resorts PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2023
Type: AR2
Pages: 112
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Fortress Resorts PLC
Annual Report
The report details the financial and operational performance of The Fortress Resort PLC for the fiscal year ended March 31, 2023. Despite facing severe domestic economic challenges and high inflation, the company saw a 25% increase in total revenue to Rs. 446.7 million, driven by a recovery in tourist arrivals. TFR continued its commitment to sustainability by utilizing solar panels to save diesel during the fuel crisis and maintaining its fully operational organic garden. The resort also invested Rs. 16.9 million in capital expenditures, including major renovations to the hotel lobby ceiling and pool deck, and was recognized in TripAdvisor's 'Best of the Best 2022' category.
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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
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees