Madulsima Plantations PLC 2015 AR2
The report highlights the financial and operational performance of Madulsima Plantations PLC for the fiscal year 2015. The company faced a challenging year due to a severe crisis in the Sri Lankan tea industry, resulting in a net loss of Rs. 288.0 million. Total tea production declined by 5.83% to 5.01 million kg, primarily driven by adverse weather conditions in both the Madulsima and Bogawantalawa regions. Despite these economic challenges, the company continued its social development programs, including housing projects and water supply schemes for its workforce. Additionally, preliminary steps were taken toward achieving Rain Forest Alliance Certification for plantations in the Bogawantalawa region.
Company: Madulsima Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2015
Type: AR2
Pages: 72
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Madulsima Plantations PLC
Annual Report
The report highlights the financial and operational performance of Madulsima Plantations PLC for the fiscal year 2015. The company faced a challenging year due to a severe crisis in the Sri Lankan tea industry, resulting in a net loss of Rs. 288.0 million. Total tea production declined by 5.83% to 5.01 million kg, primarily driven by adverse weather conditions in both the Madulsima and Bogawantalawa regions. Despite these economic challenges, the company continued its social development programs, including housing projects and water supply schemes for its workforce. Additionally, preliminary steps were taken toward achieving Rain Forest Alliance Certification for plantations in the Bogawantalawa region.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Published
Apr 25, 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
No data available