Lanka Walltiles PLC 2019 IR
The report highlights Lanka Walltiles PLC's performance for the fiscal year 2018/19, marking its second integrated annual report. Despite a challenging domestic environment with a contraction in the construction sector, the group achieved a 7% revenue growth to Rs. 19.6 billion, driven by volume expansion. The company focused on strategic transformation, expanding its contract manufacturing in India to 13 facilities and launching the LANKATILES mobile app to engage tech-savvy customers. However, rising energy costs and currency depreciation led to a 52% decline in profit after tax to Rs. 780 million. The group also continued its commitment to sustainability, investing in factory upgrades and community development projects.
Company: Lanka Walltiles PLC
Sector: Manufacturing
Country: Sri Lanka
Year: 2019
Type: IR
Pages: 206
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Lanka Walltiles PLC
Integrated Annual Report
The report highlights Lanka Walltiles PLC's performance for the fiscal year 2018/19, marking its second integrated annual report. Despite a challenging domestic environment with a contraction in the construction sector, the group achieved a 7% revenue growth to Rs. 19.6 billion, driven by volume expansion. The company focused on strategic transformation, expanding its contract manufacturing in India to 13 facilities and launching the LANKATILES mobile app to engage tech-savvy customers. However, rising energy costs and currency depreciation led to a 52% decline in profit after tax to Rs. 780 million. The group also continued its commitment to sustainability, investing in factory upgrades and community development projects.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Workplace Fatalities
Employees