ARIBA. 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. Please refer our Sustainability Report for progress regarding these and other Tokyo Cement environmental and social activities. 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. Sustainability Our Philosophy Planet People Photo Gallery. 0000015245 00000 n 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. 0000000017 00000 n Get information about Tokyo Cement dividends and ex-dividend dates. 2019 Annual Report. Stock Info. /T 256508 You can find more details by going to one of the sections under this page such as ex-date, dividend and payment date. Annual Report 2011/12 l5. /H [ 649 806 ] This specially-formulated cement will meet ever-changing wants of our customer demands. According to Tokyo Cement, the private sector has been mainly engaged in building housing and housing schemes as well as hotels. 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. SITEMAP. We added 600 Kw of solar power to the rooftop of our dendro power plant in Mahiyangana, giving us another alternative energy source. Join to Connect Tokyo Cement Group. 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. 4. Shipping Information. Tokyo Cement Recognizes Dealers and Partners in Trincomalee Factory Visit. Integrated Annual Report. xref 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. 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. More News. Our staff from TOKYO SUPERMIX and the factory, were also sent to Japan for training. /O 75 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. 74 0 obj 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. ANNUAL REPORT 2019-2020. 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. /Size 83 0000015674 00000 n /P 0 We maintained a conservative net operating cash flow of Rs 2.9 Bn. We’ve continued planting over 10,000 mangrove saplings per year to protect our coasts. 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. /Metadata 72 0 R Based on the current year’s performance the Board has decided to authorize a final dividend of Rs 1.50 per ordinary share. 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. 1 in the LMD 100 list for 2017/18. Service Offering Laboratory Services Training Academy Our Network. endobj I am proud to report that our entire manufacturing process over now operate fully on biomass energy, minimizing our carbon footprint from energy consumption. most of the production process. It was in 1878 that Charles Pickering Hayley founded Charles P. Hayley & ANNUAL REPORT 2015/16 | 7 “Nippon” is the premium brand of Ordinary Portland Cement manufactured by Tokyo Cement Co. (Lanka) PLC. 0000001455 00000 n 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. Annual Report Award Competition 2018. >> startxref 0 According to these financial ratios Tokyo Cement Company (Lanka) PLC's valuation is way below the market valuation of its sector. In operation for three-decades, Tokyo Cement Company (Lanka) PLC is the largest manufacturer and supplier of cement in Sri Lanka. 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. 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. Please refer to our Economic Review for a more in-depth analysis on the macro environment and its impact on the industry. Annual Report 2018-19. Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. Click the button below to request a report when hardcopies become available. 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. 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. This approach helped maintain the growth momentum in a contracting market. Therefore, we hope the Government will introduce further progressive measures towards import substitution, greater domestic value-addition and protection against unfair trading practices. 0000001732 00000 n Tokyo Cement Company (Lanka) PLC (TKYO.N0000:CSE) financials, including income statements, growth rates, balance sheets and cash flow information. At Company level, we achieved an operating profit growth of 115% for the year, reaching Rs 2.2 Bn profit from operations. 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 ended with the arrival of COVID-19, effectively derailing all production, marketing and sales activities. Much of this cost can be attributed to ongoing projects. 0000000649 00000 n The year under review has not been an easy one and we anticipate more challenges to come. 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. was created on March 12, 2019. 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. This capacity enhancement will support cost reductions through distribution efficiencies. GROUPE RENAULT. /Linearized 1 Products & Solutions Cement Concrete Cement Based Solutions Aggregate Power. %���� At Siam City Cement, we create possibilities to share new ideas and aim for fulfilling our employees' learning and growth. /N 12 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. Mn. With COVID-19, all tourism related construction projects have come to a halt and I do not expect a revival in the short-term. ABOUT INSEE Vision, Mission & Commitments Group Management Structure Organization Chart Board of Directors Group Executive Committee Company … The real-estate sector, which was driven by the apartment boom was also slowed down as there is currently a surplus. 73 10 previous year. From Annual Report 2019/2020 - Financial Year ending March 31, 2020. I am also grateful to our shareholders, business partners and our customers for their support and loyalty. The Tokyo Cement Group will strive to reduce raw material costs and improve production efficiency, through new standards, that have a lower carbon footprint. This improvement is directly due to the many operational improvements effected during the year. Access was imposed on imports of bag and bulk cement. 1732 @INSEEGroup. 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. This is a total payment of Rs 601,425, 000/- to our shareholders for the year. However, Government payment delays to contractors may slow down these projects and as a result the construction sector recovery. Service Offering Laboratory Services Training Academy Our Network. Products & Solutions Cement Concrete Cement Based Solutions Aggregate Power. CUSTOMER SERVICE CENTER. 5. >> 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. I urge our shareholders to please read the Management Discussion and Analysis of this annual report for details on these improvements. 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. We also introduced new international standards for Portland Cement that were well received by the local construction industry. The previous year's figures and phrases have been re-arranged wherever necessary to conform The accounting policies … 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. /S 600 The current year’s financial performance reflects this pre-emptive and prudent approach. The modernisation and expansion of the jetty at the Trincomalee port by Tokyo Cement improved throughput efficiency by over 300%. Investor Relations Stock Info Financial Reports … The Tokyo Cement Group revenue also declined by 7% year-on-year, from Rs 38.5 Bn, to Rs 35.8 Bn. Marketing and sales activities are now integrated with the ERP, which allows for optimized coordination and planning, with increased cost efficiencies. Annual Report 2019-20. 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. 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 … stream … The rupee depreciation during the financial year further ran up our costs, as we are entirely import dependent for clinker. /Pages 70 0 R Payment delays by the Government to contractors continued, sometimes as much as for 18 months, which caused major cash constraints within the industry. We also use Fly Ash, a waste by product from the Norochcholai coal power plant in our Blended Hydraulic Cement. Tokyo Cement Company (Lanka) PLC is a holding company. /Length 732 The Annual Report of the Ministry of External Affairs is brought out by the Policy Planning and Research Division. %PDF-1.4 /Outlines 57 0 R Board of Directors. Most Recent Annual Report. The report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. 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. /Prev 256496 Annual Reports. 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. << Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. Company Timeline Facilities News Careers Contact Us. As a heavy industry, this is truly an achievement. << 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. is the largest manufacturer and supplier of cement in Sri Lanka over 30 years. We also hope freight costs will reduce as the supply of low sulfur fuel production has increased. Accountant at Tokyo Cement Company (Lanka) PLC Sri Lanka 198 connections. I would like to congratulate the Government on its decisive policy direction to support domestic industries, in the months following the COVID-19 lockdowns. As there is a demand for our innovation products, we will look into increasing the production of these items. Profit growth of 115 % for the construction industry experienced increased costs, as we entirely! Our Cement subsidiary and Tokyo Cement Group revenue also declined by 7 %,! 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