Watawala Plantations extends winning streak at SAFA Annual Report Awards
View(s):Sri Lanka’s largest tea and palm oil producer, Watawala Plantations PLC – a subsidiary of Sunshine Holdings PLC – once again received top honours at the recently concluded South Asian Federation of Accountants (SAFA) Best Presented Annual Report Awards 2015.
Officials from Watawala Plantations PLC received the award at an international gala event which took place on January 27 at the Pan Pacific Sonargaon Hotel, Dhaka, Bangladesh, according to a company media release.
Competing against leading local and regional corporates, Watawala Plantations’ constant commitment to improving the quality of its financial reporting helped the company to emerge as the leader in financial reporting within the Agriculture category.
“As one of Sri Lanka’s largest and most successful plantation sector entities, Watawala Plantations is deeply committed to maintaining and refining its reporting protocols in order to instill values of transparency, accountability and good governance at every level of the organization,” Watawala Plantations PLC Managing Director and Sunshine Group Managing Director, Vish Govindasamy said, adding:
“In that regard we are extremely pleased with Watawala Plantation’s performance at this year’s prestigious SAFA Awards”.
Watawala Plantations has previously won the SAFA award for Best Presented Annual Report in the agriculture sector for every year from 2012 to 2015.