Hi-Tech Lubricants Ltd 2020 AR2
The report highlights Hi-Tech Lubricants Limited's performance and sustainability initiatives for the fiscal year 2019-2020. Despite challenges from the COVID-19 pandemic, the company successfully launched its petroleum segment, operating eleven HTL Fuel Stations in Punjab. The company's subsidiary, Hi-Tech Blending (Private) Limited, processed nearly eight million liters of lubricants, enhancing its market competitiveness. In recognition of its corporate social responsibility, the company won the first prize for 'Living the Global Compact Best Practices Sustainability Award 2019' from the UN Global Compact Network Pakistan. Additionally, the company launched the 'Service Above Self' campaign, distributing over 2,000 ration packages to support daily wage earners during pandemic-related lockdowns.
Company: Hi-Tech Lubricants Ltd
Sector: Manufacturing
Country: Pakistan
Year: 2020
Type: AR2
Pages: 260
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Hi-Tech Lubricants Ltd
Annual Report
The report highlights Hi-Tech Lubricants Limited's performance and sustainability initiatives for the fiscal year 2019-2020. Despite challenges from the COVID-19 pandemic, the company successfully launched its petroleum segment, operating eleven HTL Fuel Stations in Punjab. The company's subsidiary, Hi-Tech Blending (Private) Limited, processed nearly eight million liters of lubricants, enhancing its market competitiveness. In recognition of its corporate social responsibility, the company won the first prize for 'Living the Global Compact Best Practices Sustainability Award 2019' from the UN Global Compact Network Pakistan. Additionally, the company launched the 'Service Above Self' campaign, distributing over 2,000 ration packages to support daily wage earners during pandemic-related lockdowns.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
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
Women on Board
Employees