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

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Watawala Plantations PLC

Watawala Plantations PLC 2014 Annual Report

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