Singer Industries Ceylan: Annual Report as of 03/31/2022







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SINGER INDUSTRIES (CEYLON)

ANNUAL

PORT 2 0 2

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Since 1851, the SINGER® name has been synonymous with sewing. Isaac Merritt Singer invented the world’s first practical sewing machine and patented it in 1851, marking the start of SINGER as a company and its leadership in the industry.

Over the years, the SINGER brand has celebrated many firsts, including the world’s first zig-zag machine and the first electronic machine. much more. We are committed to not only helping people express themselves through the art of sewing, but also enabling them to earn a living.

We will continue our evolutionary journey with commitment, dedication, innovation and service to enable and support creativity.

CONTENTS

16

CHAIRMAN’S STATEMENT

“The company managed to post a commendable revenue growth of 50% during the year, supported by increased revenues thanks to a 37% increase in portable sewing machine sales.”

19

GROUP CHIEF EXECUTIVE OFFICER

OFFICER’S REVIEW

“Achieving operational excellence with a focus on process efficiencies and productivity improvements has been a key priority for the Group, helping to nurture a cost-conscious, productivity-driven culture by minimizing waste. ”

04 | ABOUT US

06 | ABOUT THIS REPORT

08 | ORGANIZATIONAL OVERVIEW

10 | PERFORMANCE HIGHLIGHTS

11 | FINANCIAL PERFORMANCE

13 | EXTRA-FINANCIAL PERFORMANCE

16 | CHAIRMAN’S STATEMENT

19 | OPINION OF THE GROUP CHIEF EXECUTIVE OFFICER

22 | BOARD OF DIRECTORS

26 | MANAGEMENT TEAM

27 | OPERATING ENVIRONMENT

29 | INTERACTIONS WITH STAKEHOLDERS

30 | MATERIALITY ISSUES

32 | VALUE CREATION

34 | FINANCIAL CAPITAL

40 | DECLARATION OF ADDED VALUE

41 | SOCIAL AND RELATIONAL CAPITAL

45 | MANUFACTURED CAPITAL

49 | HUMAN CAPITAL

55 | NATURAL CAPITAL

58 | INTELLECTUAL CAPITAL

  1. | CORPORATE GOVERNANCE
  1. | AUDIT COMMITTEE REPORT
  1. | REPORT OF THE COMPENSATION COMMITTEE
  2. | NOMINATING COMMITTEE REPORT

110 | REPORT OF THE RELATED PARTY TRANSACTIONS REVIEW COMMITTEE

112 | RISK MANAGEMENT

115 | INDEPENDENT ASSURANCE REPORT

FINANCIAL INFORMATION

118 | ANNUAL REPORT OF THE BOARD OF DIRECTORS ON THE BUSINESS OF THE COMPANY

123 | STATEMENT OF RESPONSIBILITY OF DIRECTORS

125 | STATEMENT OF RESPONSIBILITY OF THE CHIEF EXECUTIVE OFFICER/CEO AND CFO

126 | THE INDEPENDENT AUDITOR’S REPORT

130 | STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE RESULTS

131 | STATEMENT OF FINANCIAL POSITION

132 | STATEMENT OF CHANGES IN EQUITY

133 | CASH FLOW STATEMENT

134 | NOTES TO THE FINANCIAL STATEMENTS

182 | TEN YEARS AT A GLANCE

184 | SHARING INFORMATION

187 | NOTICE OF GENERAL MEETING

188 | GRI CONTENT INDEX

195 | PROXY FORM

INNER BACK COVER | COMPANY INFORMATION

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Disclaimer

Singer Industries Ceylon plc published this content on June 06, 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unmodified, on Jun 06, 2022 11:01:03 AM UTC.

Public now 2022

All the news of SINGER INDUSTRIES (CEYLON) PLC

2022 sales 944M
2.63M
2.63M
2022 net income 92.7 million
0.26 million
0.26 million
Net debt 2022 41.0 million
0.11M
0.11M
PER 2022 ratio 8.25x
2022 return
Capitalization 662 million
1.85M
1.85M
EV / Sales 2021 1.34x
EV / Sales 2022 0.86x
# of employees 75
Floating 16.4%

Chart SINGER INDUSTRIES (CEYLON) PLC


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Singer Industries (Ceylon) PLC Technical Analysis Chart |  MarketScreener



Evolution of the income statement


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