Lanka IOC PLC 2024 AR2
The report highlights Lanka IOC PLC's performance for the fiscal year 2023-24, achieving a revenue of LKR 264 billion and a net profit of LKR 13.94 billion despite macroeconomic challenges. The company expanded its retail network by commissioning 41 new outlets, bringing the total to 251, and successfully renewed its Petroleum Products License for another 20 years. Lanka IOC advanced its sustainability initiatives by increasing its solarized retail outlets to 85 and investing LKR 270 million in impactful CSR projects, including donating dialysis machines. Additionally, the company maintained a net debt-free position and paid its highest-ever dividend of LKR 4.00 per share.
Company: Lanka IOC PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2024
Type: AR2
Pages: 205
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Lanka IOC PLC
Annual Report
The report highlights Lanka IOC PLC's performance for the fiscal year 2023-24, achieving a revenue of LKR 264 billion and a net profit of LKR 13.94 billion despite macroeconomic challenges. The company expanded its retail network by commissioning 41 new outlets, bringing the total to 251, and successfully renewed its Petroleum Products License for another 20 years. Lanka IOC advanced its sustainability initiatives by increasing its solarized retail outlets to 85 and investing LKR 270 million in impactful CSR projects, including donating dialysis machines. Additionally, the company maintained a net debt-free position and paid its highest-ever dividend of LKR 4.00 per share.
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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
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees