LAUGFS Gas PLC 2023 AR2
The report details LAUGFS Gas PLC's performance and strategic initiatives during the fiscal year 2022-2023, navigating a challenging macroeconomic environment in Sri Lanka. Despite supply constraints and a forex crisis, the company successfully implemented a cost-plus pricing mechanism to stabilize operations and ensure a steady supply of LPG. Key highlights include a 100% revenue growth in the energy sector and the strategic divestment of its downstream business in Bangladesh to sustain Sri Lankan operations. The Group also made progress in its midstream operations, utilizing its transshipment terminal at Hambantota Port and its maritime fleet to enhance supply chain efficiency.
Company: LAUGFS Gas PLC
Sector: Energy utilities
Country: Sri Lanka
Year: 2023
Type: AR2
Pages: 242
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LAUGFS Gas PLC
Annual Report
The report details LAUGFS Gas PLC's performance and strategic initiatives during the fiscal year 2022-2023, navigating a challenging macroeconomic environment in Sri Lanka. Despite supply constraints and a forex crisis, the company successfully implemented a cost-plus pricing mechanism to stabilize operations and ensure a steady supply of LPG. Key highlights include a 100% revenue growth in the energy sector and the strategic divestment of its downstream business in Bangladesh to sustain Sri Lankan operations. The Group also made progress in its midstream operations, utilizing its transshipment terminal at Hambantota Port and its maritime fleet to enhance supply chain efficiency.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
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
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Workplace Fatalities
Employees