Watawala Plantations PLC 2014 AR2
The report highlights Watawala Plantations PLC's performance for the fiscal year 2013-2014, during which the company transitioned to its first integrated annual report. Despite facing a challenging operating environment with a 20% wage hike and adverse weather conditions affecting tea and rubber crops, the company recorded a total comprehensive income of LKR 434 million. Oil palm remained the primary profit contributor, generating LKR 632 million. The company achieved Rainforest Alliance Certification for five of its estates and successfully commissioned a steam turbine at its palm oil mill to utilize waste fiber for renewable energy generation. Additionally, Watawala Plantations continued its strong commitment to community development, investing in housing, sanitation, and education programs for estate residents.
Company: Watawala Plantations PLC
Sector: Consumer Staples
Country: Sri Lanka
Year: 2014
Type: AR2
Pages: 178
Watawala Plantations PLC
Annual Report
The report highlights Watawala Plantations PLC's performance for the fiscal year 2013-2014, during which the company transitioned to its first integrated annual report. Despite facing a challenging operating environment with a 20% wage hike and adverse weather conditions affecting tea and rubber crops, the company recorded a total comprehensive income of LKR 434 million. Oil palm remained the primary profit contributor, generating LKR 632 million. The company achieved Rainforest Alliance Certification for five of its estates and successfully commissioned a steam turbine at its palm oil mill to utilize waste fiber for renewable energy generation. Additionally, Watawala Plantations continued its strong commitment to community development, investing in housing, sanitation, and education programs for estate residents.
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Document Details
Report Year
2014
Reporting Period
Apr 1, 2013 - Mar 31, 2014
Fiscal Year
2014
Published
May 17, 2014
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
Total Waste
Employees