Madulsima Plantations PLC 2018 AR2
The report highlights Madulsima Plantations PLC's performance and sustainability initiatives for the fiscal year 2018. The company recorded total revenue of Rs 2.1 billion, but faced a net loss of Rs 600 million due to wage increments, lower tea prices, and industrial unrest. On the sustainability front, all 12 of the company's estates achieved Rainforest Alliance certification. Additionally, the company continued its forestry management program, maintaining 376 hectares of protected and 1,344 hectares of production forest areas, and undertook various social welfare activities including housing projects for workers.
Company: Madulsima Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2018
Type: AR2
Pages: 78
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Madulsima Plantations PLC
Annual Report
The report highlights Madulsima Plantations PLC's performance and sustainability initiatives for the fiscal year 2018. The company recorded total revenue of Rs 2.1 billion, but faced a net loss of Rs 600 million due to wage increments, lower tea prices, and industrial unrest. On the sustainability front, all 12 of the company's estates achieved Rainforest Alliance certification. Additionally, the company continued its forestry management program, maintaining 376 hectares of protected and 1,344 hectares of production forest areas, and undertook various social welfare activities including housing projects for workers.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Published
Apr 22, 2019
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