LAUGFS Gas clinches GOLD at CA Sri Lanka's 55th Annual Report Awards

LAUGFS Gas clinches GOLD at CA Sri Lanka's 55th Annual Report Awards

Dec 12, 2019

Colombo (Sri Lanka) Dec 12: LAUGFS Gas PLC emerged victorious at the recently held 55th Annual Report Awards held by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), securing the coveted Gold Award in the Power & Energy sector.
Continuing its winning streak at this prestigious event hosted by CA Sri Lanka, this year's win marks the seventh consecutive time that LAUGFS Gas has won the Gold Award in this category.
Known for being one of the pioneers in the Sri Lankan power and energy sector, LAUGFS Gas remains committed to delivering sustainable, equitable and profitable value to its customers and stakeholders through high standards of product excellence, safety, and service. LAUGFS Gas uses the internationally recognized Global Reporting Index (GRI) Sustainability Reporting Standard to develop a clear and cohesive framework that promotes effective financial reporting.
"It is an honor to be awarded the Gold Award in the 'Power and Energy' category at CA Sri Lanka's 55th Annual Report Awards. In today's world, transparency, accuracy and good governance are crucial factors in successful financial reporting. We feel humbled by this recognition as it validates the hard work and commitment put in by the LAUGFS Gas team to strengthen our commitment to delivering sustained value to our stakeholders. Having won this award for the seventh consecutive year is a testament to our journey of continuous improvement, and we are thankful to receive this coveted award in acknowledgement of our efforts", stated LAUGFS Gas PLC Director / Chief Executive Officer, Chaminda Ediriwickrama.
Having entered the local LPG industry in 2001, LAUGFS Gas has grown exponentially to power the nation with LPG solutions, as a trusted brand that is synonymous with quality and consistency. With an expansive network of over 7,800 dealers and 31 distributors throughout the country, LAUGFS Gas delivers LPG solutions that serve domestic, industrial and commercial requirements. The nationwide sales and distribution network is supported by a modern fleet of LPG tankers and a state-of-the-art 3150 MT storage and filling facility in Mabima operated with the highest international safety standards. LAUGFS Gas PLC, a subsidiary of the diversified business conglomerate LAUGFS Holdings Limited, was the first energy company to be listed in the Colombo Stock Exchange.
LAUGFS Holdings Limited is one of the largest diversified business conglomerates and a trusted and well-loved home grown business in Sri Lanka. Founded in 1995, LAUGFS today has expanded across 20 industries in Sri Lanka and overseas, establishing a strong presence as a leader and pioneer in the power and energy, retail, industrial, services, leisure and logistics sectors. With 4,000 employees and an annual turnover exceeding Rs. 54 billion, LAUGFS continues to expand and empower millions as a trusted Sri Lankan brand.
Source: Colombo Page