Kingsbury PLC 2024 AR2
The report details the financial and operational performance of The Kingsbury PLC for the fiscal year ended March 31, 2024. The company achieved a significant turnaround, recording a net profit of LKR 264 million after four years of consecutive losses, alongside a 38% increase in revenue. In terms of environmental sustainability, the hotel achieved a 23% reduction in electricity consumption and an 8% reduction in water withdrawal per occupied room. Additionally, the company transitioned to biodegradable packaging for bath amenities and launched a plastic hanger recycling initiative. Operationally, the successful implementation of SAP S/4 HANA optimized financial processes within a three-month timeframe.
Company: Kingsbury PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2024
Type: AR2
Pages: 144
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Kingsbury PLC
Annual Report
The report details the financial and operational performance of The Kingsbury PLC for the fiscal year ended March 31, 2024. The company achieved a significant turnaround, recording a net profit of LKR 264 million after four years of consecutive losses, alongside a 38% increase in revenue. In terms of environmental sustainability, the hotel achieved a 23% reduction in electricity consumption and an 8% reduction in water withdrawal per occupied room. Additionally, the company transitioned to biodegradable packaging for bath amenities and launched a plastic hanger recycling initiative. Operationally, the successful implementation of SAP S/4 HANA optimized financial processes within a three-month timeframe.
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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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Workplace Fatalities
Employees