Sierra Cables PLC 2012 AR2
The report highlights Sierra Cables PLC's financial and operational performance for the fiscal year ended March 31, 2012. The company achieved significant growth, with group revenue increasing by 66% to Rs. 2.47 billion and group post-tax profits rising by 563% to Rs. 106.92 million. Sierra Cables expanded its strategic footprint by forming a joint venture for fiber optic cables, investing in a mini-hydro power project, and establishing a PVC pipe manufacturing plant. The company also demonstrated its commitment to sustainability by initiating ISO 14001 alignment, implementing a waste reduction program, and partnering with USAID to provide training and employment to youth from the Northern and Eastern provinces.
Company: Sierra Cables PLC
Sector: Manufacturing
Country: Sri Lanka
Year: 2012
Type: AR2
Pages: 74
Sierra Cables PLC
The report highlights Sierra Cables PLC's financial and operational performance for the fiscal year ended March 31, 2012. The company achieved significant growth, with group revenue increasing by 66% to Rs. 2.47 billion and group post-tax profits rising by 563% to Rs. 106.92 million. Sierra Cables expanded its strategic footprint by forming a joint venture for fiber optic cables, investing in a mini-hydro power project, and establishing a PVC pipe manufacturing plant. The company also demonstrated its commitment to sustainability by initiating ISO 14001 alignment, implementing a waste reduction program, and partnering with USAID to provide training and employment to youth from the Northern and Eastern provinces.
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Document Details
Report Year
2012
Reporting Period
Apr 1, 2011 - Mar 31, 2012
Fiscal Year
2012
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