Madulsima Plantations PLC 2021 AR2
The report highlights Madulsima Plantations PLC's sustainability initiatives and financial performance for the fiscal year 2021. Despite facing challenges such as climate change, fertilizer supply restrictions, and a ban on agrochemical imports, the company achieved its highest tea production level since 2015, reaching 5.25 million kg. The company continued its commitment to environmental protection by maintaining 376 hectares of protected forest and 1,470 hectares of production forest, alongside crop diversification efforts. Social welfare investments exceeded 104 million LKR for social and environmental development, focusing on housing, water supply, and childcare facilities for the estate community. Financially, the company recorded a consolidated revenue growth of 9.45% to 3.1 billion LKR, although it registered a loss after tax of 238 million LKR.
Company: Madulsima Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2021
Type: AR2
Pages: 102
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Madulsima Plantations PLC
Annual Report
The report highlights Madulsima Plantations PLC's sustainability initiatives and financial performance for the fiscal year 2021. Despite facing challenges such as climate change, fertilizer supply restrictions, and a ban on agrochemical imports, the company achieved its highest tea production level since 2015, reaching 5.25 million kg. The company continued its commitment to environmental protection by maintaining 376 hectares of protected forest and 1,470 hectares of production forest, alongside crop diversification efforts. Social welfare investments exceeded 104 million LKR for social and environmental development, focusing on housing, water supply, and childcare facilities for the estate community. Financially, the company recorded a consolidated revenue growth of 9.45% to 3.1 billion LKR, although it registered a loss after tax of 238 million LKR.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees