John Keells Holdings PLC wins overall Gold at the CA Annual Report Awards 2016

John Keells Holdings PLC (JKH) was pronounced the overall winner at the 52nd Annual Report Awards Ceremony 2016 organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). JKH and its other listed subsidiaries were the recipients of twelve awards at the ceremony; recognised in their respective sectors and sub-categories. This included a Gold award for the Management Commentary and a Silver award for the inaugural Integrated Report published by the Holding Company, JKH. This exemplary performance depicts the consistency in reporting excellence, where JKH has been placed amongst the best for the 5th consecutive year since 2012; winning the overall Gold award thrice and the first runner-up twice. This year’s report underlined and emphasised the value the Group places on its many stakeholder relationships. In this regard, JKH as a Group of companies takes every effort to give clarity to the information we present and stay connected to our stakeholders.
Quoting from the JKH Annual Report “…the single thread of John Keells’ intent; to create and share value by building sustainable businesses of excellence, integrity and worth. Diverse networks and synergies have evolved between John Keells and its many local and global partners, linking businesses, consumers, individuals, families and communities and thousands of people whose lives we touch every day. We believe that their success is ours. Our consistent financial performance and manifest ability to generate sustainable long-term value facilitate the endurance of these relationships, bringing together the John Keells Group and the many stakeholders we serve; all seamlessly CONNECTED to drive the engine of value that is your Company (JKH)”. Speaking at the acceptance of the overall award, the Group Finance Director, Ronnie Peiris, stated that as a Group of Companies that are constantly evolving, the complex task of management and financial reporting of a conglomerate has seen new light in terms of professionalism and fiduciary duty through the guidance of CA Sri Lanka.
In keeping with the Group’s conscious efforts to emphasise higher efficiency and greater coherence in its reporting, sustainability integration and civic responsibility initiatives were brought to the forefront in creating a viable and long term oriented business model and thus, the Group strives to deliver a well-balanced report with strategic focus and emphasis on its fiduciary duty to the stakeholders and the shareholders of the entity.
The awards and accolades received by the Group is a true culmination of the dedication, hard work and passion of the Group’s Accounting, Corporate Finance, Sustainability and other functional teams. The enthusiasm and energy of the various functions of the Group and their timely handling of information for this compilation is an accurate showcase of the integrity and precision with which all operations are handled at JKH. The Group also wishes to recognise the contribution made by our lead auditors, Ernst and Young, Chartered Accountants, for their in-depth expertise, and Emagewise (Private) Limited, for their dedication and effort in designing the reports of JKH and its other Group subsidiaries.
Evolving from this year, JKH will strive to deliver continued excellence through the Annual Report. Our goal is to deliver a report that is balanced, relevant, clear and insightful to keep you, our stakeholder connected to the complex business and investment activities of the John Keells Group.