Odel PLC 2016 AR2
The report highlights Odel PLC's strong financial and operational performance for the fiscal year 2015/16, achieving a 33% revenue growth to Rs. 6.45 billion and a 59% increase in net profit to Rs. 256 million. The company expanded its retail footprint by opening new stores in Thalawathugoda, Kalubowila, and Bentota, and introduced several high-end international brands like Mango and Fossil. On the sustainability front, Odel launched the 'Value LIFE – Preserve YALA' wildlife conservation campaign and executed the 'Ray of Hope' project, which raised Rs. 1.7 million for cancer patients and was recognized globally by the International Group of Department Stores.
Company: Odel PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 124
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Odel PLC
Annual Report
The report highlights Odel PLC's strong financial and operational performance for the fiscal year 2015/16, achieving a 33% revenue growth to Rs. 6.45 billion and a 59% increase in net profit to Rs. 256 million. The company expanded its retail footprint by opening new stores in Thalawathugoda, Kalubowila, and Bentota, and introduced several high-end international brands like Mango and Fossil. On the sustainability front, Odel launched the 'Value LIFE – Preserve YALA' wildlife conservation campaign and executed the 'Ray of Hope' project, which raised Rs. 1.7 million for cancer patients and was recognized globally by the International Group of Department Stores.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
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