Lanka IOC PLC 2021 AR2
The report highlights Lanka IOC PLC's performance during the turbulent fiscal year 2020-21, emphasizing its 'Nation First' commitment during the pandemic. The company achieved a remarkable 109% growth in net profit after tax to Rs. 883 million, driven by strategic focus on high-yielding verticals like lubricants and bitumen exports. Key sustainability milestones included the solarization of 16 additional retail outlets (bringing the total to 30) and the installation of EV charging stations. Additionally, the company completed its Oil Spill Contingency Plan at the Trincomalee Terminal and contributed Rs. 5 million to the COVID-19 Healthcare and Social Security Fund.
Company: Lanka IOC PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2021
Type: AR2
Pages: 152
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Lanka IOC PLC
Annual Report
The report highlights Lanka IOC PLC's performance during the turbulent fiscal year 2020-21, emphasizing its 'Nation First' commitment during the pandemic. The company achieved a remarkable 109% growth in net profit after tax to Rs. 883 million, driven by strategic focus on high-yielding verticals like lubricants and bitumen exports. Key sustainability milestones included the solarization of 16 additional retail outlets (bringing the total to 30) and the installation of EV charging stations. Additionally, the company completed its Oil Spill Contingency Plan at the Trincomalee Terminal and contributed Rs. 5 million to the COVID-19 Healthcare and Social Security Fund.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
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