Olympic Industries Ltd 2023 AR2
The report highlights Olympic Industries Limited's performance for the fiscal year ended June 30, 2023, during which revenue increased by 20.27% to Tk. 25.79 billion. The company achieved a record-high 60% cash dividend recommendation and maintained its AAA long-term credit rating with a stable outlook. On the sustainability front, the company expanded its Lolati Health & Nutrition Centre, promoted menstrual hygiene management by providing low-cost sanitary napkins, and fortified its "Foodie" brand instant noodles with zinc and iodine. Additionally, Olympic reduced its carbon footprint through a 30 kWh on-grid solar panel installation and a second gas generator utilizing co-generation technology.
Company: Olympic Industries Ltd
Sector: Manufacturing
Country: Bangladesh
Year: 2023
Type: AR2
Pages: 156
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Olympic Industries Ltd
Annual Report
The report highlights Olympic Industries Limited's performance for the fiscal year ended June 30, 2023, during which revenue increased by 20.27% to Tk. 25.79 billion. The company achieved a record-high 60% cash dividend recommendation and maintained its AAA long-term credit rating with a stable outlook. On the sustainability front, the company expanded its Lolati Health & Nutrition Centre, promoted menstrual hygiene management by providing low-cost sanitary napkins, and fortified its "Foodie" brand instant noodles with zinc and iodine. Additionally, Olympic reduced its carbon footprint through a 30 kWh on-grid solar panel installation and a second gas generator utilizing co-generation technology.
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Document Details
Report Year
2023
Reporting Period
Jul 1, 2022 - Jun 30, 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
Employees