Lanka IOC PLC 2020 AR2
The report highlights Lanka IOC PLC's performance and sustainability initiatives for the fiscal year 2019-2020. Despite economic challenges, the company achieved a profit after tax of Rs 422 million, driven by strategic diversification into bunkering, lubricants, and bitumen. Key achievements include becoming the first physical bunker supplier to import IMO 2020 compliant Low Sulphur Fuel Oil at Trincomalee and solarizing nine additional retail outlets. The company also expanded its digital footprint with automated retail outlets and SMS indenting for dealers. Lanka IOC demonstrated strong community commitment by contributing Rs 5 million to the COVID-19 Healthcare and Social Security Fund and conducting various CSR activities.
Company: Lanka IOC PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2020
Type: AR2
Pages: 168
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Lanka IOC PLC
Annual Report
The report highlights Lanka IOC PLC's performance and sustainability initiatives for the fiscal year 2019-2020. Despite economic challenges, the company achieved a profit after tax of Rs 422 million, driven by strategic diversification into bunkering, lubricants, and bitumen. Key achievements include becoming the first physical bunker supplier to import IMO 2020 compliant Low Sulphur Fuel Oil at Trincomalee and solarizing nine additional retail outlets. The company also expanded its digital footprint with automated retail outlets and SMS indenting for dealers. Lanka IOC demonstrated strong community commitment by contributing Rs 5 million to the COVID-19 Healthcare and Social Security Fund and conducting various CSR activities.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Published
Aug 18, 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
Energy Consumption
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees