Olympic Industries Ltd 2021 AR2
The report outlines Olympic Industries Limited's financial and sustainability performance for the fiscal year 2020-2021. The company achieved a record sales volume of over 117,000 metric tons of biscuits, confectionery, bakery, and snack products, driving revenue up by 13.45% to Tk. 18.03 billion. On the sustainability front, the company expanded its social initiatives, including the Lolati Health & Nutrition Centre and the fortification of its 'Foodie' instant noodles. Environmental efforts were advanced through the use of a 30 kWh on-grid solar panel system and a heat recovery system, which successfully reduced carbon emissions. Additionally, Olympic maintained its AA+ long-term credit rating with a stable outlook.
Company: Olympic Industries Ltd
Sector: Manufacturing
Country: Bangladesh
Year: 2021
Type: AR2
Pages: 150
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Olympic Industries Ltd
Annual Report
The report outlines Olympic Industries Limited's financial and sustainability performance for the fiscal year 2020-2021. The company achieved a record sales volume of over 117,000 metric tons of biscuits, confectionery, bakery, and snack products, driving revenue up by 13.45% to Tk. 18.03 billion. On the sustainability front, the company expanded its social initiatives, including the Lolati Health & Nutrition Centre and the fortification of its 'Foodie' instant noodles. Environmental efforts were advanced through the use of a 30 kWh on-grid solar panel system and a heat recovery system, which successfully reduced carbon emissions. Additionally, Olympic maintained its AA+ long-term credit rating with a stable outlook.
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Document Details
Report Year
2021
Reporting Period
Jul 1, 2020 - Jun 30, 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