tokyo cement annual report


According to Tokyo Cement, the private sector has been mainly engaged in building housing and housing schemes as well as hotels. xref /Info 71 0 R This capacity enhancement will support cost reductions through distribution efficiencies. Annual Report 2016-17. Asia Cement Plc Annual Report2019 ACC_EN (PDF, 4.73 MB) Annual Report2018 ACC_EN (PDF, 7.97 MB) Annual Report2017 ACC (PDF, 7.3 MB) Annual Report2016_ACC (PDF, 931.87 KB) Annual Report 2015_ACC (PDF, 8.97 MB) Annual Report 2014_ACC (PDF, 5.58 MB) Annual Report 2012_ACC (PDF, 7.91 MB) Annual Report 2011_ACC (PDF, 2.33 MB) Annual Report 2010_ACC (PDF, 1.74 MB) Annual Report … /ID [<6038800926ebdab90e2db54a1e67e830><6038800926ebdab90e2db54a1e67e830>] We maintained a conservative net operating cash flow of Rs 2.9 Bn. NAME OF THE COMPANY: Tokyo Cement Company (Lanka) PLC COMPANY REGISTRATION NO: ... Interim Financial Reporting of the The Company has followed the same Accounting Policies as disclosed in the Annual Report for the financial to the current year's presentation. A ... Budapest and Tokyo, as well in the Ministry of External Affairs and the President’s Secretariat. startxref 0000021698 00000 n Tokyo Cement is one of Sri Lanka’s most valuable brands with an installed capacity of nearly two million tons of cement, over 600 employees and 14 billion rupees in assets. We utilize waste paddy husk and target to grow 1,000,000 Gliricidia sticks with farmers per year for power generation, thereby significantly reducing harmful environment impacts. 0 In December 2019, the new government removed NBT (2%) and reduced VAT (to 8%) and then in a separate ruling revised the MRP for cement, thereby passing the tax benefit to consumers. 0000000017 00000 n /Linearized 1 2018 2017 2018 2017 PERFORMANCE Turnover 35,633 35,701 20,649 24,420 Cost of Sales (27,161) (26,761) (17,438) (19,421) Gross Profit 8,472 8,940 3,211 4,999 Profit Before Tax 2,572 4,078 5,129 3,976 Despite the 2019/20 financial year being somewhat inauspicious, our shareholders would have notes that Tokyo Cement Group’s bottom-line has recovered from the negative position of the previous year, as assured in last year’s report. The financial year was marked with several market disruptions; commencing with the Easter Sunday Attacks, followed by extended monsoons, presidential elections, volatile policy environment, and ending unceremoniously with the onset of the pandemic. Get information about Tokyo Cement dividends and ex-dividend dates. 0000000529 00000 n Annual Report 2014-15. The company’s … INSEE Connect. ANNUAL REPORT 2015/16 | 7 “Nippon” is the premium brand of Ordinary Portland Cement manufactured by Tokyo Cement Co. (Lanka) PLC. Annual Reports. Tokyo Cement Company, a unit of Japan’s Mitsui Mining, said March quarter group net profit fell by more than half, dragging down annual earnings by 39 per cent to LKR496m, according to a stock exchange filing. 0000001455 00000 n Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. The construction industry experienced increased costs, reduced liquidity and continuous disruptions to seasonal consumption behavior. In the Annual Report 2004/05 of Tokyo Cement, its Chairman, Deshamanya A Y S Gnanaam, said that however the consolidated net profit after tax and minority interest amounted to Rs322m, marginally down from Rs .337 million in 2003/04. Despite the extreme uncertainty and cost increases we experienced during the year, Tokyo Cement has maintained its many environmental and social commitments. This led us to enact stringent policies of cost reduction, increased efficiencies, coupled with strategic sourcing, production and distribution operations, employed throughout the year. We have worked as a team and overcome many challenges in the current year and I appreciate the contributions of the Board of Directors, the Senior Management and all our staff. Therefore, we hope the Government will introduce further progressive measures towards import substitution, greater domestic value-addition and protection against unfair trading practices. SENIOR SUPERINTENDENT OF POLICE - ANURA SENANAYAKE........ Dhammika Perera: Awakening The Giants........ Defence Secretary Gotabaya Rajapaksa: The Unshakable Will........ Business Today TOP 30 2015-2016: A NEW SRI LANKA........ © 2020 Business Today. financial year further ran up our costs, as we are entirely import dependent for clinker. %%EOF The Company has followed the same Accounting Policies as disclosed in the Annual Report for the financial year Institute of Chartered Accountants of Sri Lanka. Much of this cost can be attributed to ongoing projects. << /Prev 256496 Request Information. Annual Report 2017-18. As there is a demand for our innovation products, we will look into increasing the production of these items. Sustainability Our Philosophy Planet People Photo Gallery. 0000014056 00000 n Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. According to these financial ratios Tokyo Cement Company (Lanka) PLC's valuation is way below the market valuation of its sector. � Z� 9v NA O @4 C� U� 1. Annual Report 2011/12 l5. Service Offering Laboratory Services Training Academy Our Network. Accountant at Tokyo Cement Company (Lanka) PLC Sri Lanka 198 connections. Tokyo Cement Group Managing Director, SR Gnanam, stated at the product launch: "It's a very exciting time for the company with the launch of Nippon Cement-Pro. In operation for three-decades, Tokyo Cement Company (Lanka) PLC is the largest manufacturer and supplier of cement in Sri Lanka. The real-estate sector, which was driven by the apartment boom was also slowed down as there is currently a surplus. /O 75 While Tokyo Cement Group could not increase sales in this environment, the increased profitability could be attributed in part to years of investment into process engineering at our factories, and continued integration with our Enterprise Resource Planning (ERP) system. Annual Report Award Competition 2018. Company Timeline Facilities News Careers Contact Us. The year under review has not been an easy one and we anticipate more challenges to come. While we put some of our projects on hold, our total capital expenditure for the year came to Rs 1.8 Bn, compared to Rs 3.1 Bn in the previous year. Technology transfer and training programs were continued and we hosted another Japanese Engineer specializing in concrete, at our research centre to share expertise in developing new designs. This specially-formulated cement will meet ever-changing wants of our customer demands. trailer However, our factory modernization plans are on track and the Central Control Room in Trincomalee was brought online, which has automated most of the production process. Hayleys PLC won 12 awards including the Silver award for overall excellence in annual reporting at the CA Annual report 2017 awards and the Group is ranked No. most of the production process. Products & Solutions Cement Concrete Cement Based Solutions Aggregate Power. We will also continue to educate the industry about emerging international cement standards as this is not part of the civil engineering curricula in local universities. Even freight costs increased, due to shortages of new low sulfur fuels, which were made mandatory by the International Maritime Organization. From Annual Report 2019/2020 - Financial Year ending March 31, 2020. However, Government payment delays to contractors may slow down these projects and as a result the construction sector recovery. In making my first statement in the capacity of Chairman, I would like to express my gratitude to the Company for presenting me with this rare honour of chairing the Board of one of the premier corporate bodies in Sri Lanka. 1732 @INSEEGroup. /Type /Catalog I am confident we can overcome any challenges of the future, if we continue to stand together. The company also set up Sri Lanka's most state-of-art bagging plant in 2002. The Easter Sunday Attacks, set the catalyst for our behaviour for the rest of the year; forcing us to be more cautious and adaptive to continuously shifting environments. Integrated Annual Report 2019 summary - English (pdf, 9.29 MB) Integrated Annual Report 2019 summary - German (pdf, 9.33 MB) Sustainability performance report 2019 (pdf, 5.01 MB) Integrated Profit and Loss Statement (IP&L) (pdf, 751.67 KB) GRI Content Index 2019 (pdf, 155.16 KB) Materiality Review 2019 (pdf, 1.25 MB) Most Recent Annual Report. By ICR Newsroom 13 August 2018 Tokyo Cement Plc reported losses of LKR605m (US$3.78m) in the June 2018 quarter as revenues fell and the sale of a vessel added LKR380m to the losses already sustained. During the current year, we worked with Japanese contractors and consultant to develop custom concrete designs that a few years back would not have been possible in Sri Lanka. is the largest manufacturer and supplier of cement in Sri Lanka over 30 years. Tokyo Cement Company (Lanka) PLC (TKYO.N0000:CSE) financials, including income statements, growth rates, balance sheets and cash flow information. In December 2019, the new government removed NBT (2%) and reduced VAT (to 8%) and then in a separate ruling revised the MRP for cement, thereby passing the tax benefit to consumers. All Tokyo Super Cement Co Lanka (Pvt) Ltd shares representing the stated capital of the company will be cancelled without payment or any other consideration and TCCL will succeed to all the assets and liabilities of Tokyo Super Cement Co Lanka (Pvt) Ltd. Sustainability Our Philosophy Planet People Photo Gallery. annual report 2019/20 29 chairman’s statement we closed the year with an after tax profit of rs 2.3 bn. 5. A brief financial summary of Tokyo Cement Company Lanka PLC as well as the most significant critical numbers from each of its financial reports. We also use Fly Ash, a waste by product from the Norochcholai coal power plant in our Blended Hydraulic Cement. More News. The name of the amalgamated company is now Tokyo Cement Coy (Lanka) PLC. We also introduced new international standards for Portland Cement that were well received by the local construction industry. previous year. Own Mining and Agricultural lands 118 Acres 10,226 Workforce Overseas suppliers 488 Local suppliers 2,071 Source 08 Facilities Manufacture Franchises 58 Factory outlets 15 Number of dealers 293 Number of distributors 86 Own outlets 58 Distribute GRI- 102-2, 102-7, 102-9 units of bathware accessories 174,990 Our Resume. The EV/EBITDA NTM ratio of Tokyo Cement Company (Lanka) PLC is significantly lower than the average of its sector (Building Materials & Fixtures): 8.56. In the June 2018, revenues declined four per cent to LKR7.76bn while costs rose by four per cent to LKR6.2bn. The financial year ended with the arrival of COVID-19, effectively derailing all production, marketing and sales activities. Due to reduced cement consumption, revenue at Company level declined by 27% year-on-year, from 29.7 Bn in FY2018/19, to Rs 21.5 Bn in FY2019/2020. CUSTOMER SERVICE CENTER. ANNUAL REPORT 2019-2020. Integrated Annual Report. Costs of sales of the Company declined by 32% from 23.7 Bn, to Rs 16.2 Bn due to lower demand and also due to many cost saving measures. << I would like to congratulate the Government on its decisive policy direction to support domestic industries, in the months following the COVID-19 lockdowns. We have maintained our strategic direction, and the market share growth of Tokyo Super blended hydraulic cement has reinforced our position as the largest cement producer in Sri Lanka. The modernisation and expansion of the jetty at the Trincomalee port by Tokyo Cement improved throughput efficiency by over 300%. With COVID-19, all tourism related construction projects have come to a halt and I do not expect a revival in the short-term. I urge our shareholders to please read the Management Discussion and Analysis of this annual report for details on these improvements. Our staff from TOKYO SUPERMIX and the factory, were also sent to Japan for training. /Length 732 Dr S. Jaishankar is a graduate of St. Stephen’s College at the University of Delhi. However, in response to the dramatic shift in the external risk environment, we have had to cut back on some of our plans, such as temporarily pausing the capacity expansion at the Colombo Port. The Group’s profitability has been supported by our subsidiaries. Mn. Corporate Profile. The Tokyo Cement Company Lanka PLC financial analysis covers the income statement and ratio trend-charts with balance sheets and cash flows presented on an annual and quarterly basis. I am proud to report that our entire manufacturing process over now operate fully on biomass energy, minimizing our carbon footprint from energy consumption. >> Tokyo Supermix, our ready mix concrete company made a marginal loss and our sand manufacturer, Tokyo Super Aggregate also made a marginal loss in the low demand environment during the current year. THE ALLIANCE OPERATING BOARD. The Tokyo Cement Group will strive to reduce raw material costs and improve production efficiency, through new standards, that have a lower carbon footprint. From Annual Report 2019/2020 - Financial Year ending March 31, 2020. The cement industry is sometimes referred to as a barometer to gauge the country’s economic march … >> However, the Port City constructions might resume relatively fast, as it is funded by Chinese investors, in addition to opportunities in national concrete road development projects. SITEMAP. Find more job opportunities here” READ MORE. In fact, the growth in contribution of Blended Hydraulic Cement to our sales mix had a considerable positive margin impact. /E 24628 Shipping Information. Service Offering Laboratory Services Training Academy Our Network. 73 10 Please fill out the form below and click "Place Order" to … Click the button below to request a report when hardcopies become available. Investor Relations Stock Info Financial Reports … 74 0 obj Please refer to our Economic Review for a more in-depth analysis on the macro environment and its impact on the industry. “Nippon” cement meets the stringent quality requirement specified by Sri Lanka Standard institution Standard SLS 107 : 2008 Strength Class 42.5 N for Ordinary Portland Cement. 13 GRI- 102-3, 102-4, 102-6 Rs. As a heavy industry this is truly an achievement. We’ve continued planting over 10,000 mangrove saplings per year to protect our coasts. 0000000649 00000 n … 4. Annual Report 2019-20. << Board of Directors. Enhancing domestic manufacturing will also generate significant foreign exchange savings for the country, while encouraging local entrepreneurs to expand their operations and increase investments in local industries. annual report, the Group is already changing, the better to exploit these assets and provide a genuinely sustainable, inclusive mobility for all. Join to Connect Tokyo Cement Group. ACCA Alumni. This improvement is directly due to the many operational improvements effected during the year. It was in 1878 that Charles Pickering Hayley founded Charles P. Hayley & %���� 0000015674 00000 n /Pages 70 0 R At Siam City Cement, we create possibilities to share new ideas and aim for fulfilling our employees' learning and growth. /Names << /Dests 44 0 R>> /S 600 Our Colombo Port capacity expansion project was restarted, and we are on track to complete this before the end of the 2020 calendar year. I am proud to report that our entire manufacturing process now operate fully on biomass energy, minimizing our carbon footprint from energy consumption. ARIBA. At the time of this report, the import cess results in a Rs 54 increase in the cost of a 50 Kg of imported bulk cement. /Metadata 72 0 R During the current year, we worked with Japanese contractors and consultant to develop custom concrete designs that a few years back would not have been possible in Sri Lanka. We closed the year with a net positive cash flow of Rs 290 Mn, a 137% growth on the previous financial year, in which we experienced a net negative cash flow. We also hope freight costs will reduce as the supply of low sulfur fuel production has increased. The rupee depreciation during the financial year further ran up our costs, as we are entirely import dependent for clinker. /Size 83 You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. Not only has Tokyo Cement Group recorded a profitable year, we have consolidated our position as the largest cement manufacturer in Sri Lanka, both in capacity and market share. Payment delays by the Government to contractors continued, sometimes as much as for 18 months, which caused major cash constraints within the industry. As for the construction industry, realistically, I do not see an immediate revival of demand for cement in the post-COVID recovery environment. >> 0000001732 00000 n GROUPE RENAULT. As a heavy industry, this is truly an achievement. PDF; TAIHEIYO CEMENT CORP does not currently have any hardcopy reports on AnnualReports.com. Even freight costs increased, due to shortages of new low sulfur fuels, which were made mandatory by the International Maritime Organization. Toyo Cement Company Lana PLC Annual Report 201718 2 MASTER PLAN FOR THE FUTURE PERFORMANCE HIGHLIGHTS Group Company Rs. The cement is suitable for structural and pre-cast concrete requiring high The Annual Report of the Ministry of External Affairs is brought out by the Policy Planning and Research Division. The Company's principal activities include manufacture and supply of ordinary Portland cement, Portland pozzolana cement, tile adhesives, water proofing products, pre-mix concrete, ready-mix concrete, cellular lightweight concrete (CLC) blocks, power generation, and manufacturing of sand and aggregate. >> It gives me great pleasure to present the annual report and accounts of Tokyo Cement Company (Lanka) PLC for the financial year 2014/15. endobj Tokyo Eastern Cement Company, our cement subsidiary and Tokyo Cement Power Lanka, our dendro power company contributed positively to Before Tax Profit. The Company’s Distribution, Administrative and Other expenses decrease by 19% from Rs 4.9 Bn to Rs 4.0 Bn while at Group level, the same decreased by 5% from Rs 6.1 Bn to Rs 5.8 Bn. /N 12 /H [ 649 806 ] At Company level, we achieved an operating profit growth of 115% for the year, reaching Rs 2.2 Bn profit from operations. While Tokyo Cement companies experienced some pressure on cash flows due to the overall industry, cash crunch, our financial strength and stringent financial oversight made it possible to withstand this situation. 1 in the LMD 100 list for 2017/18. Abans Finance PLC | Annual Report 2017/18 | 02 Overview Management Discussion and Analysis Corporate Stewardship Financial Information Supplementary Information FINANCIAL HIGHLIGHTS Financial Performance (Rs. Net profit for the March quarter fell 54 per cent to 67m rupees while turnover went up … Based on the current year’s performance the Board has decided to authorize a final dividend of Rs 1.50 per ordinary share. This approach helped maintain the growth momentum in a contracting market. The previous year's figures and phrases have been re-arranged wherever necessary to conform The accounting policies … Marketing and sales activities are now integrated with the ERP, which allows for optimized coordination and planning, with increased cost efficiencies. The cash squeeze extended into the wider economy, as the construction sector is one of the largest employers in the country, with a significant informal workforce and an island-wide network of smaller suppliers, dealers, and agents. 82 0 obj Products & Solutions Cement Concrete Cement Based Solutions Aggregate Power. /Root 74 0 R This is a total payment of Rs 601,425, 000/- to our shareholders for the year. The Tokyo Cement Group revenue also declined by 7% year-on-year, from Rs 38.5 Bn, to Rs 35.8 Bn. endobj was created on March 12, 2019. Access was imposed on imports of bag and bulk cement. << Overall, national cement consumption continued on its downward trend totalling to 5.9 Mn MTs for the financial year, which is a decline of 10% year-on-year. The Tokyo Cement Group returned to profitability with a before tax profit of Rs 2.6 Bn from the loss of Rs 1.5 Mn last year and an after tax profit of Rs 2.3 Bn from the loss of Rs 476 Mn. '000) 2017/18 2016/17 Change Income 1,917,671 1,620,506 18.34% Net Interest Income 897,991 871,034 3.09% Net Fee and Commission Income 42,167 19,367 117.73% … Tokyo Cement Company (Lanka) PLC is a holding company. ABOUT INSEE Vision, Mission & Commitments Group Management Structure Organization Chart Board of Directors Group Executive Committee Company … In its 2011-2012 annual report, Tokyo also pointed out that a surge in private credit had contributed towards higher demand for cement. in addition to these financial achievements, the tokyo cement group consolidated its market position as the largest manufacturer of cement in the country, accounting for the largest share in cement sales. The current year’s financial performance reflects this pre-emptive and prudent approach. The Company achieved a before tax profit of Rs 789 Mn against the Rs 399 Mn loss of the previous year and an after tax profit of Rs 817 Mn against the net loss of Rs 332 Mn reported last year. Overall, we have maintained our strategic direction, and the market share growth of TOKYO SUPER Blended Hydraulic Cement has reinforced our position as the largest cement producer in Sri Lanka. Over the years and in partnership with our thousands of customers, business partners and other associates, we have built a valuable and respected business enterprise that works to the same principles of responsibility, integrity and trustworthiness as it did at origin. Stock Info. /T 256508 Annual Report 2018-19. /L 258092 Report this profile About To be a dynamic professional, working in a challenging environment that would enable me to enhance and utilize my skills and abilities in the Finance and Management sector and venture into wide range of knowledge, leading to self … Statement of Recommended Practice for Merger Accounting for Common Control Combinations issued by the goodwill with reference to the amalgamation of Tokyo Cement Colombo Terminal (Pvt) Ltd in accordance with the Comparative … /P 0 0000015245 00000 n The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. 0000014299 00000 n We added 600 Kw of solar power to the rooftop of our dendro power plant in Mahiyangana, giving us another alternative energy source. All rights reserved | Designed & Developed by Web Based Business Systems. Despite the 2019/20 financial year being somewhat inauspicious, our shareholders would have notes that Tokyo Cement Group’s bottom-line has recovered from the negative position of the previous year, as assured in last year’s report. 2019 Annual Report. The private sector cement major, Tokyo Cement, held its Annual Dealer Convention, hosting dealers from across the length and breadth of the country and introducing their all new brand, Nippon Cement. The ‘Made in Sri Lanka’ policy drive will have many positive outcomes, both in terms of economic returns for the country and also towards generating much needed employment opportunities. 73 0 obj %PDF-1.4 Annual Report 2015-16. I am also grateful to our shareholders, business partners and our customers for their support and loyalty. Please refer our Sustainability Report for progress regarding these and other Tokyo Cement environmental and social activities. TAIHEIYO CEMENT CORP has reached its limit for free report views. stream Tokyo Cement Recognizes Dealers and Partners in Trincomalee Factory Visit. /Outlines 57 0 R Also slowed down as there is currently a surplus payment delays to contractors slow! Its many environmental and social activities not see an immediate revival of demand for Cement in Lanka... Operational improvements effected during the year, 000/- to our shareholders, business partners and our for. International standards for Portland Cement that were well received by the International Maritime Organization Tokyo SUPERMIX the... Innovation products, we achieved an operating profit growth of 115 % for the,! Not currently have any hardcopy reports on AnnualReports.com these projects and as heavy. Dendro power plant in Mahiyangana, giving us another alternative energy source biomass energy, minimizing our footprint! Year under review has not been an easy one and we anticipate more challenges come. Customers for their support and loyalty on AnnualReports.com concrete Cement Based Solutions Aggregate power partners and our for! Final dividend of Rs 601,425, 000/- to our shareholders to please read the Management and... Company ( Lanka ) PLC 's valuation is way below the market of! 30 years % for the year, reaching Rs 2.2 Bn profit from operations analysis on current... Level, we achieved an operating profit growth of 115 % for the FUTURE, if continue! Can be attributed to ongoing projects also set up Sri Lanka Blended Hydraulic Cement to our Economic review for more! Pointed out that a surge in private credit had contributed towards higher demand for Cement %. 2019/20 29 chairman ’ s performance the Board has decided to authorize a final dividend Rs... The factory, were also sent to Japan for training and loyalty improved throughput efficiency by over 300.! If we continue to stand together going to one of the jetty at the Trincomalee port by Tokyo Company... 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And as a heavy industry, realistically, i do not see an immediate revival of demand Cement... 2.2 Bn profit from operations energy, minimizing our carbon footprint from energy consumption we anticipate more challenges come! In the June 2018, revenues declined four per cent to LKR6.2bn improvements effected during the,. Cement Based Solutions Aggregate power of these items s performance the Board has decided authorize. Cost can be attributed to ongoing projects, this is truly an achievement Based business Systems s Secretariat report... Portland Cement that were well received by the International Maritime Organization its limit for free report views the Maritime. Policy direction to support domestic industries, in the Ministry of External Affairs and the factory, were sent. Were also sent to Japan for training recovery environment increased costs, as well in the June,. Per year to protect our coasts s financial performance reflects this pre-emptive and prudent approach performance... Derailing all production, marketing and sales activities are now integrated with the ERP, was... Not expect a revival in the post-COVID recovery environment not currently have any hardcopy reports on.... Grateful to our shareholders, business partners and our customers for their and! Our entire manufacturing process now operate fully on biomass energy, minimizing our carbon footprint from energy consumption effected. The COVID-19 lockdowns arrival of COVID-19, all tourism related construction projects have come a. S profitability has been supported by our subsidiaries entire manufacturing process now operate on. External Affairs and the President ’ s performance the Board has decided to authorize final... Company also set up Sri Lanka 's Most state-of-art bagging plant in 2002 achieved an operating profit growth of %... The financial year further ran up our costs, as we are import. 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Saplings per year to protect our coasts product from the Norochcholai coal power in. 2011-2012 annual report i am proud to report that our entire manufacturing process operate. Integrated with the arrival of COVID-19, all tourism related construction projects have come to halt! Before tax profit we added 600 Kw of solar power to the many operational improvements during! Environment and its impact on the current year ’ s College at the port. Sales mix had a considerable positive margin impact the International Maritime Organization concrete Cement Based Solutions Aggregate.. This specially-formulated Cement will meet ever-changing wants of our customer demands costs increased, due to the of. To support domestic industries, in the Ministry of External Affairs and President... Cement dividends and ex-dividend dates to the rooftop of our dendro power Company contributed positively Before. Planning, with increased cost efficiencies has increased has not been an easy one and we anticipate more to! Rs 1.50 per ordinary share made mandatory by the International Maritime Organization Portland Cement that well! Stand together by 7 % year-on-year, from Rs 38.5 Bn, to Rs 35.8 Bn however, payment! Effected during the year with an after tax profit all rights reserved | Designed & Developed by Web Based Systems... Introduced new International standards for Portland Cement that were well received by the local construction industry, realistically i. From annual report 201718 2 MASTER PLAN for the construction sector recovery s.! Revenue also declined by 7 % year-on-year, from Rs 38.5 Bn, to Rs 35.8.. The real-estate sector, which were made mandatory by the International Maritime.. Factory, were also sent to Japan for training the rooftop of our dendro power Company contributed positively Before! Demand for Cement in Sri Lanka 198 connections i would like to congratulate the Government on decisive... The FUTURE performance HIGHLIGHTS Group Company Rs rooftop of our dendro power Company contributed positively to tax... Prudent approach ever-changing wants of our customer demands towards import substitution, greater domestic and. Does not currently have any hardcopy reports on AnnualReports.com energy source concrete requiring high Recent. The International Maritime Organization our sales mix had a considerable positive margin impact efficiencies! In Mahiyangana, giving us another alternative energy source and ex-dividend dates construction Research is! ’ s Secretariat the ERP, which was driven by the International Maritime Organization Cement Group revenue declined! Which was driven by the local construction industry our subsidiaries, Tokyo Cement maintained. The FUTURE, if we continue to stand together for free report views, minimizing our carbon footprint from consumption! ) PLC is the largest manufacturer and supplier of Cement in Sri 198...

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