73 10 Investor Relations Stock Info Financial Reports … Products & Solutions Cement Concrete Cement Based Solutions Aggregate Power. 0000001455 00000 n I urge our shareholders to please read the Management Discussion and Analysis of this annual report for details on these improvements. annual report 2019/20 29 chairman’s statement we closed the year with an after tax profit of rs 2.3 bn. Tokyo Cement Company (Lanka) PLC is a holding company. /Size 83 ANNUAL REPORT 2015/16 | 7 “Nippon” is the premium brand of Ordinary Portland Cement manufactured by Tokyo Cement Co. (Lanka) PLC. In fact, the growth in contribution of Blended Hydraulic Cement to our sales mix had a considerable positive margin impact. 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. /S 600 The rupee depreciation during the financial year further ran up our costs, as we are entirely import dependent for clinker. 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. 74 0 obj %PDF-1.4 0000001732 00000 n /Info 71 0 R Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. 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. most of the production process. 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. Annual Report 2018-19. The year under review has not been an easy one and we anticipate more challenges to come. Accountant at Tokyo Cement Company (Lanka) PLC Sri Lanka 198 connections. 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. It gives me great pleasure to present the annual report and accounts of Tokyo Cement Company (Lanka) PLC for the financial year 2014/15. Even freight costs increased, due to shortages of new low sulfur fuels, which were made mandatory by the International Maritime Organization. PDF; TAIHEIYO CEMENT CORP does not currently have any hardcopy reports on AnnualReports.com. 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. Tokyo Cement Recognizes Dealers and Partners in Trincomalee Factory Visit. CUSTOMER SERVICE CENTER. 73 0 obj Annual Report 2011/12 l5. Toyo Cement Company Lana PLC Annual Report 201718 2 MASTER PLAN FOR THE FUTURE PERFORMANCE HIGHLIGHTS Group Company Rs. 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. With COVID-19, all tourism related construction projects have come to a halt and I do not expect a revival in the short-term. 0000000529 00000 n All rights reserved | Designed & Developed by Web Based Business Systems. 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. This specially-formulated cement will meet ever-changing wants of our customer demands. The cement industry is sometimes referred to as a barometer to gauge the country’s economic march … This improvement is directly due to the many operational improvements effected during the year. According to Tokyo Cement, the private sector has been mainly engaged in building housing and housing schemes as well as hotels. 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. /Type /Catalog Mn. 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. Therefore, we hope the Government will introduce further progressive measures towards import substitution, greater domestic value-addition and protection against unfair trading practices. Request Information. 0 The Annual Report of the Ministry of External Affairs is brought out by the Policy Planning and Research Division. Service Offering Laboratory Services Training Academy Our Network. The Group’s profitability has been supported by our subsidiaries. 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. 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. Board of Directors. In its 2011-2012 annual report, Tokyo also pointed out that a surge in private credit had contributed towards higher demand for cement. 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. 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. >> … ANNUAL REPORT 2019-2020. Integrated Annual Report. financial year further ran up our costs, as we are entirely import dependent for clinker. Please fill out the form below and click "Place Order" to … Much of this cost can be attributed to ongoing projects. As for the construction industry, realistically, I do not see an immediate revival of demand for cement in the post-COVID recovery environment. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. 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. /H [ 649 806 ] Net profit for the March quarter fell 54 per cent to 67m rupees while turnover went up … This led us to enact stringent policies of cost reduction, increased efficiencies, coupled with strategic sourcing, production and distribution operations, employed throughout the year. was created on March 12, 2019. %%EOF 5. Please refer to our Economic Review for a more in-depth analysis on the macro environment and its impact on the industry. /Metadata 72 0 R 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. is the largest manufacturer and supplier of cement in Sri Lanka over 30 years. 0000000649 00000 n This capacity enhancement will support cost reductions through distribution efficiencies. I am proud to report that our entire manufacturing process now operate fully on biomass energy, minimizing our carbon footprint from energy consumption. stream ARIBA. >> 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. 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. From Annual Report 2019/2020 - Financial Year ending March 31, 2020. � Z� 9v NA O @4 C� U� 1. At Company level, we achieved an operating profit growth of 115% for the year, reaching Rs 2.2 Bn profit from operations. Annual Report 2015-16. ABOUT INSEE Vision, Mission & Commitments Group Management Structure Organization Chart Board of Directors Group Executive Committee Company … TAIHEIYO CEMENT CORP has reached its limit for free report views. 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. annual report, the Group is already changing, the better to exploit these assets and provide a genuinely sustainable, inclusive mobility for all. Tokyo Cement Company (Lanka) PLC (TKYO.N0000:CSE) financials, including income statements, growth rates, balance sheets and cash flow information. SITEMAP. Please refer our Sustainability Report for progress regarding these and other Tokyo Cement environmental and social activities. 82 0 obj 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. As a heavy industry, this is truly an achievement. /Linearized 1 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. This is a total payment of Rs 601,425, 000/- to our shareholders for the year. Service Offering Laboratory Services Training Academy Our Network. /N 12 INSEE Connect. 1 in the LMD 100 list for 2017/18. 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. Stock Info. I am proud to report that our entire manufacturing process over now operate fully on biomass energy, minimizing our carbon footprint from energy consumption. However, Government payment delays to contractors may slow down these projects and as a result the construction sector recovery. Despite the extreme uncertainty and cost increases we experienced during the year, Tokyo Cement has maintained its many environmental and social commitments. Products & Solutions Cement Concrete Cement Based Solutions Aggregate Power. Our Colombo Port capacity expansion project was restarted, and we are on track to complete this before the end of the 2020 calendar year. /Length 732 >> Join to Connect Tokyo Cement Group. << startxref 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 … This approach helped maintain the growth momentum in a contracting market. Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. We also hope freight costs will reduce as the supply of low sulfur fuel production has increased. /Names << /Dests 44 0 R>> 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. 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. Despite the extreme uncertainty and cost increases we experienced during the year,! Like to congratulate the Government on its decisive policy direction to support domestic industries, in the short-term |... Not expect a revival in the months following the COVID-19 lockdowns s at. Cement power Lanka, our Cement subsidiary and Tokyo Cement has maintained its many environmental and social activities Research is. Of the jetty at the University of Delhi all production, marketing sales. 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