Lanka IOC PLC 2016 AR2
The report highlights Lanka IOC PLC's financial and operational performance for the fiscal year 2015-16, marking its transition to integrated reporting. The company achieved a 19% growth in net profit, reaching LKR 2.24 billion, despite challenges from under-recoveries in auto fuels and currency depreciation. Key achievements included the commissioning of 20 new retail outlets, expanding the network to 199 touchpoints, and increasing its lubricant market share to 17%. Additionally, Lanka IOC expanded its bunkering operations in Trincomalee and grew its bitumen market share to 58%.
Company: Lanka IOC PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 132
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Lanka IOC PLC
Annual Report
The report highlights Lanka IOC PLC's financial and operational performance for the fiscal year 2015-16, marking its transition to integrated reporting. The company achieved a 19% growth in net profit, reaching LKR 2.24 billion, despite challenges from under-recoveries in auto fuels and currency depreciation. Key achievements included the commissioning of 20 new retail outlets, expanding the network to 199 touchpoints, and increasing its lubricant market share to 17%. Additionally, Lanka IOC expanded its bunkering operations in Trincomalee and grew its bitumen market share to 58%.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
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
Energy Consumption
Water Consumption
Workplace Fatalities
Employees