DIMO crowned for Annual Report Excellence

7 December 2015 02:38 am - 0 - {{hitsCtrl.values.hits}}

A A A

Ranjith Pandithage accepting the overall award from President Maithripala Sirisena

Diesel and Motor Engineering (DIMO) PLC swept the boards at the CA Sri Lanka Annual Report Awards 2015, winning the overall Gold Award for the best annual report in the competition, as well as Gold awards for Integrated Reporting, Sustainability Reporting, and for the sector Diversified Holding Companies (upto 5 subsidiaries).

The Annual Report was also recognised for the Best Disclosure on Capital Management and with the Bronze award for Management Commentary. The strong performance from among a field of 144 strong competitors stands testament to DIMO’s long-standing corporate commitment to transparency and accountability to its stakeholders.

DIMO has been a pioneer of integrated reporting in Sri Lanka, and is the only Sri Lankan entity to have been a part of the International Integrated Reporting Committee’s pilot programme leading to the establishment of the Integrated Reporting Framework. DIMO first published an integrated annual report for the year ended 2010/11 and has since consistently received commendation from international experts for conveying a complex value creation story in a compellingly readable, clear and concise presentation. This year’s winning report was the company’s fifth integrated report.

The DIMO annual report for 2014/15 was presented under the theme “Magnet of Trust” alluding to the impeccable trust that forms the basis of the 75 year old company’s enduring relationships with its stakeholders.

Ranjith Pandithage, Chairman of DIMO speaking on behalf of his DIMO Tribe after accepting the overall award from His Excellency the President Maithripala Sirisena said “We are humbled by this extraordinary performance and thank CA Sri Lanka and the organising committee for affording us an opportunity of being recognised for our efforts to publish an Annual Report of quality and simplicity.”

Pandithage also added, “One of the most ardent supporters of our reporting journey has been our dear colleague the late Prof. Uditha Liyanage; this award would have made him very happy. All of us remember his contribution to DIMO with much gratitude.”

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

DIMO crowned for Annual Report Excellence

Comments - 0

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

Racing event tragedy leaves seven dead including eight-year-old child

A US “Kaputa”, a Lankan “Nariya” and a Presidential “Feast”

Two racing drivers arrested over Fox Hill tragedy

Former MP Palitha Thewarapperuma dies from electrocution

Street food vendor arrested for verbally harassing foreigner

Sri Lankan among NASA’s new crew for next simulated Mars journey

MIRROR CRICKET

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

TODAY'S HEADLINES

United States and SL Navy collaborate in CARAT 2024 exercise in Trincomalee

Upcountry estate workers stage a token strike

People have already selected Ranil for Presidency: Prasanna

Construction work for India-funded 10,000 housing units commenced

Sri Lanka secures third spot in South Asian Kurash Championship 2024

Athapaththu back atop ICC Women’s ODI Batting Rankings

Army forms committee to probe Diyatalawa Fox Hill Supercross accident

Indian cricket manager indicted for Legend Cricket League match-fixing allegations