Tokyo Cement Co (Lanka) PLC 2022 AR2
The report details Tokyo Cement Company (Lanka) PLC's performance and sustainability initiatives for the fiscal year 2021/22. Despite facing severe macroeconomic challenges and currency depreciation in Sri Lanka, the Group achieved a revenue growth of 22% to Rs. 52.47 billion, though it recorded a net loss of Rs. 357.78 million due to exchange losses. On the sustainability front, the company continued its mangrove reforestation project, planting 8,000 new saplings, and partnered with the Ministry of Environment to plant over 39,300 trees along the Mahaweli riverbanks. Additionally, Tokyo Cement maintained its commitment to renewable energy, remaining 100% energy independent for its cement manufacturing operations through biomass power.
Company: Tokyo Cement Co (Lanka) PLC
Sector: Manufacturing
Country: Sri Lanka
Year: 2022
Type: AR2
Pages: 172
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Tokyo Cement Co (Lanka) PLC
Annual Report
The report details Tokyo Cement Company (Lanka) PLC's performance and sustainability initiatives for the fiscal year 2021/22. Despite facing severe macroeconomic challenges and currency depreciation in Sri Lanka, the Group achieved a revenue growth of 22% to Rs. 52.47 billion, though it recorded a net loss of Rs. 357.78 million due to exchange losses. On the sustainability front, the company continued its mangrove reforestation project, planting 8,000 new saplings, and partnered with the Ministry of Environment to plant over 39,300 trees along the Mahaweli riverbanks. Additionally, Tokyo Cement maintained its commitment to renewable energy, remaining 100% energy independent for its cement manufacturing operations through biomass power.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees