Tea Smallholder Factories PLC 2017 AR2
The report details the financial and sustainability performance of Tea Smallholder Factories PLC for the fiscal year 2016/17. The company achieved a significant turnaround, recording a profit before tax of Rs. 110.2 million compared to a loss in the previous year. Despite erratic weather conditions reducing tea production to 4.28 million kilograms, the company secured the highest unit price of Rs. 500.90 per kilogram at the Colombo Tea Auction. Key sustainability highlights include the installation of automated green leaf weighing systems to support small holders and the continuation of its pioneering replanting projects. Additionally, the company successfully met 66% of its energy needs through renewable sources.
Company: Tea Smallholder Factories PLC
Sector: Consumer Staples
Country: Sri Lanka
Year: 2017
Type: AR2
Pages: 172
Tea Smallholder Factories PLC
Annual Report
The report details the financial and sustainability performance of Tea Smallholder Factories PLC for the fiscal year 2016/17. The company achieved a significant turnaround, recording a profit before tax of Rs. 110.2 million compared to a loss in the previous year. Despite erratic weather conditions reducing tea production to 4.28 million kilograms, the company secured the highest unit price of Rs. 500.90 per kilogram at the Colombo Tea Auction. Key sustainability highlights include the installation of automated green leaf weighing systems to support small holders and the continuation of its pioneering replanting projects. Additionally, the company successfully met 66% of its energy needs through renewable sources.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Annual Report with Sustainability Disclosures
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
Renewable Energy
Water Consumption
Workplace Fatalities
Employees