Olympic Industries Ltd 2016 AR2
The report highlights Olympic Industries Limited's financial and operational performance for the fiscal year ended June 30, 2016, alongside the launch of its new Sustainability program. The company achieved record monthly sales of Tk. 1 billion and experienced a 23.85% increase in net turnover, driven by its dominant biscuit and confectionery segment. Key sustainability initiatives focused on occupational health and safety, waste reduction, and employee welfare, including the enrollment of 200 workers in skills development projects. Additionally, the company announced plans to expand production capacity with the construction of a new 200,000 square foot facility and the import of new automated production lines.
Company: Olympic Industries Ltd
Sector: Manufacturing
Country: Bangladesh
Year: 2016
Type: AR2
Pages: 119
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Olympic Industries Ltd
Annual Report
The report highlights Olympic Industries Limited's financial and operational performance for the fiscal year ended June 30, 2016, alongside the launch of its new Sustainability program. The company achieved record monthly sales of Tk. 1 billion and experienced a 23.85% increase in net turnover, driven by its dominant biscuit and confectionery segment. Key sustainability initiatives focused on occupational health and safety, waste reduction, and employee welfare, including the enrollment of 200 workers in skills development projects. Additionally, the company announced plans to expand production capacity with the construction of a new 200,000 square foot facility and the import of new automated production lines.
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Document Details
Report Year
2016
Reporting Period
Jul 1, 2015 - Jun 30, 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