Chairman's Statement
Nalin Thisera
Chairman, Gal-Oya Plantations
Chairman’s Statement
The progress achieved during the year reinforces our confidence in the strategic direction of the Company.
It is my pleasure to present the Chairman’s Statement for Galoya Plantations (Pvt) Ltd for the financial year 2024/25. A year marked by our enduring commitment to fostering progress.
The year under review reflected a gradual recovery in operational performance despite ongoing challenges in the economic and agricultural landscape. Through focused efforts and improved field management, the Company achieved a stable level of cane harvesting, crushing, sugar, ENA, Electricity, Compost and CO2 production. While external pressures such as weather variability and cost escalations persisted, our ability to sustain operations demonstrates the strength of our operational framework and the commitment of our stakeholders.
We continued to expand our cultivation footprint, reinforcing our commitment to strengthening the sugarcane supply base. In parallel, we enhanced value creation through diversification, with continued progress in ENA, bio compost, and bio-energy production.
These achievements reflect our strategic focus on maximizing by-product utilization, promoting environmentally sustainable practices, and building multiple revenue streams to mitigate industry volatility.
Our workforce and farmer community remain at the heart of our success. The dedication of our employees, together with the continued engagement of stakeholders, has been instrumental in maintaining operational continuity and driving performance improvements. We remain committed to uplifting livelihoods and strengthening long-term partnerships within the regions we operate.
The completed factory expansion project serves as a critical enabler in enhancing capacity, improving efficiency, and supporting growth in both core and diversified operations.
In addition, we are strengthening our capabilities while exploring further opportunities in renewable energy and value-added products.
These initiatives are designed to position Galoya Plantations as a competitive and strong player in the sugar industry.
The progress achieved during the year reinforces our confidence in the strategic direction of the Company. While challenges remain, we are well-positioned to capitalize on our strengths, including extensive cultivation lands, improving agronomic practices, and increasing integration across our operations.
As we move forward, our focus remains on sustainability, innovation, and inclusive growth, ensuring long-term value creation for all stakeholders and contributing meaningfully to the national economy.
I extend my sincere appreciation to our Board of Directors, management team, employees, farmers, and government stakeholders for their continued support and commitment. Together, we will continue to build a strong and sustainable future for Galoya Plantations.
