Lanka Milk Foods (CWE) PLC 2020 IR
The report details Lanka Milk Foods (CWE) PLC's financial and operational performance for the fiscal year 2019-2020, highlighting a 24% growth in group revenue to Rs. 6.7 billion and a consolidated profit after tax of Rs. 291 million. The company advanced its commitment to national self-sufficiency in dairy by increasing farm milk production by 13% to 8.3 million litres. Key sustainability initiatives included investments in a new yoghurt plant at Ambewela and the establishment of United Dairies Lanka (Pvt) Ltd to double milk production. The group also aligned its operations with ten UN Sustainable Development Goals and successfully navigated the initial disruptions of the COVID-19 pandemic through door-to-door distribution and strict farm biosecurity protocols.
Company: Lanka Milk Foods (CWE) PLC
Sector: Manufacturing
Country: Sri Lanka
Year: 2020
Type: IR
Pages: 140
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Lanka Milk Foods (CWE) PLC
Annual Report
The report details Lanka Milk Foods (CWE) PLC's financial and operational performance for the fiscal year 2019-2020, highlighting a 24% growth in group revenue to Rs. 6.7 billion and a consolidated profit after tax of Rs. 291 million. The company advanced its commitment to national self-sufficiency in dairy by increasing farm milk production by 13% to 8.3 million litres. Key sustainability initiatives included investments in a new yoghurt plant at Ambewela and the establishment of United Dairies Lanka (Pvt) Ltd to double milk production. The group also aligned its operations with ten UN Sustainable Development Goals and successfully navigated the initial disruptions of the COVID-19 pandemic through door-to-door distribution and strict farm biosecurity protocols.
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Document Details
Report Year
2020
Reporting Period
Apr 1, 2019 - Mar 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees