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 report outlines the main financial ratios pertaining to profitability, margin analysis, asset turnover, credit ratios, and company’s long-term solvency. Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. 0000014299 00000 n Tokyo Eastern Cement Company, our cement subsidiary and Tokyo Cement Power Lanka, our dendro power company contributed positively to Before Tax Profit. Annual Report 2018-19. Corporate Profile. 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. Service Offering Laboratory Services Training Academy Our Network. The modernisation and expansion of the jetty at the Trincomalee port by Tokyo Cement improved throughput efficiency by over 300%. Products & Solutions Cement Concrete Cement Based Solutions Aggregate Power. SITEMAP. This led us to enact stringent policies of cost reduction, increased efficiencies, coupled with strategic sourcing, production and distribution operations, employed throughout the year. 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. From Annual Report 2019/2020 - Financial Year ending March 31, 2020. Payment delays by the Government to contractors continued, sometimes as much as for 18 months, which caused major cash constraints within the industry. The company’s … 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. Investor Relations Stock Info Financial Reports … 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. /Outlines 57 0 R 0000021698 00000 n trailer Annual Report Award Competition 2018. << Sustainability Our Philosophy Planet People Photo Gallery. 0000001455 00000 n endobj 82 0 obj 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. Service Offering Laboratory Services Training Academy Our Network. financial year further ran up our costs, as we are entirely import dependent for clinker. /E 24628 INSEE Connect. 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. The construction industry experienced increased costs, reduced liquidity and continuous disruptions to seasonal consumption behavior. /Type /Catalog Even freight costs increased, due to shortages of new low sulfur fuels, which were made mandatory by the International Maritime Organization. However, Government payment delays to contractors may slow down these projects and as a result the construction sector recovery. 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 2019/20 29 chairman’s statement we closed the year with an after tax profit of rs 2.3 bn. 74 0 obj According to these financial ratios Tokyo Cement Company (Lanka) PLC's valuation is way below the market valuation of its sector. 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 also grateful to our shareholders, business partners and our customers for their support and loyalty. 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. Tokyo Cement Recognizes Dealers and Partners in Trincomalee Factory Visit. 0000000649 00000 n /S 600 In its 2011-2012 annual report, Tokyo also pointed out that a surge in private credit had contributed towards higher demand for cement. The real-estate sector, which was driven by the apartment boom was also slowed down as there is currently a surplus. Net profit for the March quarter fell 54 per cent to 67m rupees while turnover went up … 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. Annual Report 2019-20. The current year’s financial performance reflects this pre-emptive and prudent approach. %%EOF 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. 0000000017 00000 n Request Information. 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. TAIHEIYO CEMENT CORP has reached its limit for free report views. From Annual Report 2019/2020 - Financial Year ending March 31, 2020. 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. 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 financial year ended with the arrival of COVID-19, effectively derailing all production, marketing and sales activities. /Prev 256496 I am proud to report that our entire manufacturing process now operate fully on biomass energy, minimizing our carbon footprint from energy consumption. Our Colombo Port capacity expansion project was restarted, and we are on track to complete this before the end of the 2020 calendar year. This specially-formulated cement will meet ever-changing wants of our customer demands. 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. We’ve continued planting over 10,000 mangrove saplings per year to protect our coasts. The year under review has not been an easy one and we anticipate more challenges to come. Join to Connect Tokyo Cement Group. Board of Directors. %���� As for the construction industry, realistically, I do not see an immediate revival of demand for cement in the post-COVID recovery environment. 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. In fact, the growth in contribution of Blended Hydraulic Cement to our sales mix had a considerable positive margin impact. 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. Toyo Cement Company Lana PLC Annual Report 201718 2 MASTER PLAN FOR THE FUTURE PERFORMANCE HIGHLIGHTS Group Company Rs. “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. /P 0 The company also set up Sri Lanka's most state-of-art bagging plant in 2002. was created on March 12, 2019. Annual Reports. Despite the extreme uncertainty and cost increases we experienced during the year, Tokyo Cement has maintained its many environmental and social commitments. According to Tokyo Cement, the private sector has been mainly engaged in building housing and housing schemes as well as hotels. 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. 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. GROUPE RENAULT. Shipping Information. I am confident we can overcome any challenges of the future, if we continue to stand together. is the largest manufacturer and supplier of cement in Sri Lanka over 30 years. Annual Report 2015-16. 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. This improvement is directly due to the many operational improvements effected during the year. 73 0 obj At Siam City Cement, we create possibilities to share new ideas and aim for fulfilling our employees' learning and growth. 0000015674 00000 n The rupee depreciation during the financial year further ran up our costs, as we are entirely import dependent for clinker. The cement industry is sometimes referred to as a barometer to gauge the country’s economic march … /Names << /Dests 44 0 R>> most of the production process. Our staff from TOKYO SUPERMIX and the factory, were also sent to Japan for training. 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) Annual Report 2014-15. 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. >> This approach helped maintain the growth momentum in a contracting market. Dr S. Jaishankar is a graduate of St. Stephen’s College at the University of Delhi. We added 600 Kw of solar power to the rooftop of our dendro power plant in Mahiyangana, giving us another alternative energy source. Accountant at Tokyo Cement Company (Lanka) PLC Sri Lanka 198 connections. previous year. 73 10 %PDF-1.4 5. Most Recent Annual Report. 1732 @INSEEGroup. Annual Report 2017-18. 0000001732 00000 n Therefore, we hope the Government will introduce further progressive measures towards import substitution, greater domestic value-addition and protection against unfair trading practices. We also use Fly Ash, a waste by product from the Norochcholai coal power plant in our Blended Hydraulic Cement. /Root 74 0 R 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. THE ALLIANCE OPERATING BOARD. 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. >> Our Construction Research Centre is also making a name for itself as an industry specialist in concrete designs. Even freight costs increased, due to shortages of new low sulfur fuels, which were made mandatory by the International Maritime Organization. More News. Sustainability Our Philosophy Planet People Photo Gallery. 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