TAL Lanka Hotels PLC 2024 AR2
The report outlines the financial and operational performance of TAL Lanka Hotels PLC for the fiscal year ended March 31, 2024. Despite the challenging economic environment in Sri Lanka, the company achieved a net profit of Rs. 96 million, a significant recovery from the net loss of Rs. 1,291 million in the previous year. The company benefited from the gradual recovery of the tourism sector, which saw a 115% increase in international tourist arrivals in Sri Lanka. TAL Lanka Hotels PLC continued to focus on human capital development, maintaining robust employee relations, and plans to proceed with renovation and development programs to enhance the hotel's market image.
Company: TAL Lanka Hotels PLC
Sector: Hospitality & food services
Country: Sri Lanka
Year: 2024
Type: AR2
Pages: 88
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TAL Lanka Hotels PLC
Annual Report
The report outlines the financial and operational performance of TAL Lanka Hotels PLC for the fiscal year ended March 31, 2024. Despite the challenging economic environment in Sri Lanka, the company achieved a net profit of Rs. 96 million, a significant recovery from the net loss of Rs. 1,291 million in the previous year. The company benefited from the gradual recovery of the tourism sector, which saw a 115% increase in international tourist arrivals in Sri Lanka. TAL Lanka Hotels PLC continued to focus on human capital development, maintaining robust employee relations, and plans to proceed with renovation and development programs to enhance the hotel's market image.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available