Seylan Developments PLC 2017 AR2
The report highlights Seylan Developments PLC's financial and operational performance for the fiscal year 2017. The company achieved a profit after tax of Rs. 241.26 million, driven by a 9.6% growth in rental income, surpassing Rs. 200 million for the first time. Key achievements include reaching 100% occupancy at the West Tower apartments and successfully completing the sale of properties in Kataragama and Union Place. Additionally, the company completed its Energy Efficiency Improvement Project, recouping its initial investment ahead of schedule while contributing to the national grid.
Company: Seylan Developments PLC
Sector: Real estate
Country: Sri Lanka
Year: 2017
Type: AR2
Pages: 144
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Seylan Developments PLC
Annual Report
The report highlights Seylan Developments PLC's financial and operational performance for the fiscal year 2017. The company achieved a profit after tax of Rs. 241.26 million, driven by a 9.6% growth in rental income, surpassing Rs. 200 million for the first time. Key achievements include reaching 100% occupancy at the West Tower apartments and successfully completing the sale of properties in Kataragama and Union Place. Additionally, the company completed its Energy Efficiency Improvement Project, recouping its initial investment ahead of schedule while contributing to the national grid.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees