Lanka Milk Foods (CWE) PLC 2016 AR2
The report details the financial and sustainability performance of Lanka Milk Foods (CWE) PLC for the fiscal year 2015/16. The company achieved a significant turnaround, recording a Group profit after tax of Rs. 120.6 million compared to a loss in the previous year, driven by strong performance in the liquid milk sector. Key sustainability initiatives focused on local community development, local sourcing from dairy farmers, and providing training and welfare benefits to its 736 employees. Environmental efforts included operating wastewater treatment plants and utilizing eco-friendly waste disposal methods like self-burning incinerators.
Company: Lanka Milk Foods (CWE) PLC
Sector: Manufacturing
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 100
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Lanka Milk Foods (CWE) PLC
Annual Report
The report details the financial and sustainability performance of Lanka Milk Foods (CWE) PLC for the fiscal year 2015/16. The company achieved a significant turnaround, recording a Group profit after tax of Rs. 120.6 million compared to a loss in the previous year, driven by strong performance in the liquid milk sector. Key sustainability initiatives focused on local community development, local sourcing from dairy farmers, and providing training and welfare benefits to its 736 employees. Environmental efforts included operating wastewater treatment plants and utilizing eco-friendly waste disposal methods like self-burning incinerators.
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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
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees