Olympic Industries Ltd 2020 AR2
The report highlights Olympic Industries Limited's financial and sustainability performance for the fiscal year ended June 30, 2020. The company achieved a milestone by selling over 100,000 metric tons of biscuits, confectionery, bakery, and snack products for the first time, resulting in a 15.74% revenue increase to Tk. 15.89 billion. Despite challenges from the COVID-19 pandemic, Olympic maintained operations with minimal disruption, implemented extensive safety measures, and supported local communities through food and medical donations. On the environmental front, the company's solar panel project at the Lolati factory reduced over 35 metric tons of CO2 emissions, while co-generation technology saved significant gas and emissions.
Company: Olympic Industries Ltd
Sector: Manufacturing
Country: Bangladesh
Year: 2020
Type: AR2
Pages: 152
Olympic Industries Ltd
The report highlights Olympic Industries Limited's financial and sustainability performance for the fiscal year ended June 30, 2020. The company achieved a milestone by selling over 100,000 metric tons of biscuits, confectionery, bakery, and snack products for the first time, resulting in a 15.74% revenue increase to Tk. 15.89 billion. Despite challenges from the COVID-19 pandemic, Olympic maintained operations with minimal disruption, implemented extensive safety measures, and supported local communities through food and medical donations. On the environmental front, the company's solar panel project at the Lolati factory reduced over 35 metric tons of CO2 emissions, while co-generation technology saved significant gas and emissions.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
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