Madulsima Plantations PLC 2017 AR2
The report details the financial and operational performance of Madulsima Plantations PLC for the fiscal year 2017. The company recorded a net profit of Rs. 44.59 million, a significant recovery from a net loss of Rs. 292.59 million in 2016, largely supported by other income and biological asset fair value gains. Operationally, the company faced challenges such as adverse weather, a ban on glyphosate, and high fertilizer costs, leading to a total tea production of 4.41 million kilograms. On sustainability, the company initiated training for Rainforest Alliance Certification in its Bogawantalawa region and conducted various social welfare and health awareness programs for its workforce.
Company: Madulsima Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2017
Type: AR2
Pages: 72
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Madulsima Plantations PLC
Annual Report
The report details the financial and operational performance of Madulsima Plantations PLC for the fiscal year 2017. The company recorded a net profit of Rs. 44.59 million, a significant recovery from a net loss of Rs. 292.59 million in 2016, largely supported by other income and biological asset fair value gains. Operationally, the company faced challenges such as adverse weather, a ban on glyphosate, and high fertilizer costs, leading to a total tea production of 4.41 million kilograms. On sustainability, the company initiated training for Rainforest Alliance Certification in its Bogawantalawa region and conducted various social welfare and health awareness programs for its workforce.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Apr 20, 2018
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