Madulsima Plantations PLC 2023 AR2
The report details the financial and operational performance of Madulsima Plantations PLC for the fiscal year 2023. Despite facing challenges such as inflationary pressures on key inputs and currency appreciation affecting tea prices, the company achieved a 6% increase in tea production, reaching 3.97 million kilograms. The company continued its commitment to sustainability by managing 1,685 hectares of production forests and designating 376 hectares as biodiversity conservation areas in partnership with the Rainforest Alliance. Additionally, the company advanced its crop diversification strategy, cultivating cash crops like coffee, cinnamon, and pepper across 30.9 hectares to optimize land utility.
Company: Madulsima Plantations PLC
Sector: Agriculture, forestry & fishing
Country: Sri Lanka
Year: 2023
Type: AR2
Pages: 124
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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 2023. Despite facing challenges such as inflationary pressures on key inputs and currency appreciation affecting tea prices, the company achieved a 6% increase in tea production, reaching 3.97 million kilograms. The company continued its commitment to sustainability by managing 1,685 hectares of production forests and designating 376 hectares as biodiversity conservation areas in partnership with the Rainforest Alliance. Additionally, the company advanced its crop diversification strategy, cultivating cash crops like coffee, cinnamon, and pepper across 30.9 hectares to optimize land utility.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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