Keells Food Products PLC 2024 AR2
The report highlights Keells Food Products PLC's performance during the 2023/24 financial year, navigating significant macroeconomic challenges in Sri Lanka, including VAT increases and electricity tariff hikes. Despite a 10% decline in revenue to Rs. 5.8 billion and a post-tax loss of Rs. 218 million, the company maintained its market leadership in processed meats. Key achievements include launching 23 new products, expanding the dry range with pasta offerings, and entering a strategic partnership to market Elephant House sausages in Australia. On the sustainability front, the company reduced water consumption by 11% and recycled 40% of its water, while continuing to source over 90% of raw materials locally.
Company: Keells Food Products PLC
Sector: Manufacturing
Country: Sri Lanka
Year: 2024
Type: AR2
Pages: 216
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Keells Food Products PLC
Annual Report
The report highlights Keells Food Products PLC's performance during the 2023/24 financial year, navigating significant macroeconomic challenges in Sri Lanka, including VAT increases and electricity tariff hikes. Despite a 10% decline in revenue to Rs. 5.8 billion and a post-tax loss of Rs. 218 million, the company maintained its market leadership in processed meats. Key achievements include launching 23 new products, expanding the dry range with pasta offerings, and entering a strategic partnership to market Elephant House sausages in Australia. On the sustainability front, the company reduced water consumption by 11% and recycled 40% of its water, while continuing to source over 90% of raw materials locally.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Workplace Fatalities
Employees