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Mawratanews.lk | Sri Lanka Latest Sinhala News and Headlines
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Home Business

Singer Sri Lanka Excels in SAFA Best Annual Report Awards 2022 I Sri Lanka Latest News

January 24, 2024
in Business
Reading Time: 9 mins read
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Singer Sri Lanka Excels in SAFA Best Annual Report Awards 2022 I Sri Lanka Latest News
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Singer Sri Lanka has achieved outstanding recognition at the South Asian Federation of Accountants (SAFA) Best Presented Annual Report Awards, Integrated Reporting Awards, and SAARC Anniversary Awards for Corporate Governance Disclosures Competition 2022.

Singer secured the prestigious Gold Award for the third consecutive year in the Service Sector (Excluding Financial Services & Communication & IT) category. This remarkable accomplishment reflects the company’s unwavering commitment to transparency, accountability, and governance in annual reporting.

The evaluation process, conducted by SAFA’s esteemed committee, focused on enhancing transparency, accountability, and governance in the published Annual Reports of entities across South Asian countries. Singer Sri Lanka’s success in clinching the Gold Award underscores the exceptional quality and excellence embedded in their annual reporting practices.

The awards ceremony took place at the Hotel Radisson Blu, Kaushambi, Ghaziabad, Uttar Pradesh, India. The event served as a platform to celebrate and honor organizations that have demonstrated excellence in their reporting standards.

In expressing his gratitude, Mr. Mahesh Wijewardene, CEO of Singer Group of Companies, remarked, “This recognition is a testament to our continuous pursuit of excellence in reporting standards. It reflects the tireless efforts of our team and our unwavering commitment to transparency and accountability.”

Furthermore, Mr. Shalinka Seresinhe, Finance Director at Singer (Sri Lanka) PLC, added, “Winning the Gold Award in the Service Sector is a reflection of our commitment to maintaining the highest standards of corporate governance, transparency and accountability in our financial reporting practices. We are honoured to be recognized for our efforts in this prestigious competition.”

Singer (Sri Lanka) PLC, a leading name in the Sri Lankan business sphere, has been at the forefront of providing innovative and reliable solutions to its customers for over decades. With a commitment to excellence, integrity, and community engagement, Singer continues to be a trusted partner in the lives of Sri Lankan consumers.

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