Lanka IOC PLC 2018 AR2
The report highlights Lanka IOC PLC's performance and strategic initiatives for the fiscal year 2017-18. Despite challenging market conditions and significant financial losses due to unrevised domestic fuel prices, the company achieved a record revenue milestone of over LKR 91 billion, driven by strong growth in its bunkering and lubricants segments. Lanka IOC expanded its retail network to 207 outlets and successfully piloted its first retail outlet automation project in Sri Lanka. The company also demonstrated its commitment to social responsibility by providing life insurance to 450 pump attendants, conducting free medical camps, and contributing LKR 5 million to the government's disaster relief fund.
Company: Lanka IOC PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2018
Type: AR2
Pages: 192
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Lanka IOC PLC
Annual Report
The report highlights Lanka IOC PLC's performance and strategic initiatives for the fiscal year 2017-18. Despite challenging market conditions and significant financial losses due to unrevised domestic fuel prices, the company achieved a record revenue milestone of over LKR 91 billion, driven by strong growth in its bunkering and lubricants segments. Lanka IOC expanded its retail network to 207 outlets and successfully piloted its first retail outlet automation project in Sri Lanka. The company also demonstrated its commitment to social responsibility by providing life insurance to 450 pump attendants, conducting free medical camps, and contributing LKR 5 million to the government's disaster relief fund.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
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
Total Waste
Women in Management
Workplace Fatalities
Employees