15.01.2015 Views

Elpitiya Plantations Plc Annual Report 2010/11 - Colombo Stock ...

Elpitiya Plantations Plc Annual Report 2010/11 - Colombo Stock ...

Elpitiya Plantations Plc Annual Report 2010/11 - Colombo Stock ...

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

Managing Director’s Review (contd.)<br />

plantations communities on our estates. These committees focus<br />

on crèche development , road rehabilitation, welfare matters,<br />

nutrition aspects, etc.<br />

government could quite rightly take the leadership to resolve<br />

these issues and ensure that the industry continues in the<br />

forefront as the major foreign exchange earner.<br />

The company is also thankful to the Plantation Human<br />

Development Trust and the Merrill J Fernando Charitable<br />

Foundation for supporting the estate communities by way of<br />

educational scholarships and social development initiatives. The<br />

company also continues to focus on carrying out medical camps,<br />

welfare events, pilgrimages, book donation schemes etc. for the<br />

benefit of the estate community. Several awareness building<br />

programmes aimed at dengue prevention and prenatal and<br />

antenatal care have also been carried out. The company is also<br />

grateful to the Ministry of Livestock and Rural Community<br />

Development for the assistance given to concrete roads on the<br />

Pundalu Oya estates. In addition, we also received funding for<br />

this same purpose under the Plantation Development Project and<br />

express our grateful thanks to all these institutions.<br />

EPP has also focused on training and skills development<br />

programs for different levels of employees. Quality circles were<br />

also set up on the estates with similar objectives. Regular training<br />

programmes have also been held particularly aimed at the<br />

plantation executives, workers and staff, as this is an investment<br />

that is well worth the effort. The company was also able to obtain<br />

ISO 22000 for five tea factories, whilst several others are in the<br />

pipeline for next year. In addition, the ELS factory also received<br />

the Forestry Stewardship Council Chain of Custody Certification,<br />

which was a great achievement.<br />

I take this opportunity to convey my appreciation to the CEO and<br />

the staff at the head office and all plantation executives, workers<br />

and staff for their continued dedication and commitment. The<br />

workers and staff have always co-operated with us and developed<br />

a wonderful dialogue with the plantation executives and the team<br />

at head office. We are grateful to them in resolving all issues. The<br />

plantation executives have continued to give leadership on the<br />

estates and have faced much hardship with fortitude and<br />

commitment. I am grateful to all of them. I must also thank all our<br />

customers who purchase our product and the brokers for the<br />

confidence they have in our products, without whose support this<br />

performance would not have been possible. I thank the CEO for<br />

his unwavering leadership, hard work and perseverance.<br />

There have been several who have contributed to the progress of<br />

this company. The Management Committee (MC) chaired by Mr.<br />

Devan de Mel meets monthly and reviews the performance of the<br />

estates and the company and offers pragmatic advice and<br />

solutions. I thank them for their valuable time and the candid<br />

feedback given to me in the discharge of my duties. The chairman<br />

and the board of directors have been a great source of<br />

encouragement and guidance to me and I thank them for the<br />

continuous support and advice given to me in the discharge of<br />

my duties, which I have always valued and look forward in the<br />

future too.<br />

The challenges for the industry are global warming and climate<br />

change, inconsistent commodity prices and escalating cost. No<br />

sustainable solutions have been found for any of these issues<br />

and therefore, it is of concern to the company. It is time that all<br />

stakeholders get together and find a long-term solution or else<br />

this can affect the long term stability of the plantation sector. The<br />

R.M. Fernando<br />

Managing Director<br />

23 rd August 20<strong>11</strong><br />

6<br />

<strong>Elpitiya</strong> <strong>Plantations</strong> <strong>Plc</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2010</strong>/<strong>11</strong>

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!