Seylan Developments PLC 2023 IR
The report highlights Seylan Developments PLC's financial and operational performance for the fiscal year 2023, showcasing economic resilience with a 48% increase in profit after tax to Rs. 353.81 million. The company maintained high occupancy rates of 100% in the East Tower and 75% in the West Tower of Seylan Towers. Key sustainability initiatives included the completion of a full-scale gym renovation, water pipeline upgrades, and a donation of a water purification system to a primary school. Additionally, the company initiated a share repurchase program to deliver higher value to its shareholders.
Company: Seylan Developments PLC
Sector: Real estate
Country: Sri Lanka
Year: 2023
Type: IR
Pages: 152
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Seylan Developments PLC
Annual Report
The report highlights Seylan Developments PLC's financial and operational performance for the fiscal year 2023, showcasing economic resilience with a 48% increase in profit after tax to Rs. 353.81 million. The company maintained high occupancy rates of 100% in the East Tower and 75% in the West Tower of Seylan Towers. Key sustainability initiatives included the completion of a full-scale gym renovation, water pipeline upgrades, and a donation of a water purification system to a primary school. Additionally, the company initiated a share repurchase program to deliver higher value to its shareholders.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 15, 2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women on Board
Employees