Expolanka Freight (Pvt) Ltd (EFL) received the Gold award in the Logistics and Transport sector at the National Business Excellence Awards 2016 (NBEA).
The National Business Excellence Awards committee found Expolanka to be a top performer in the categories of contribution to leadership, corporate governance, capacity building, CSR, environmental sustainability and performance management.
EFL marked several milestones during the year, including going live on the GT Nexus platform bringing enhanced visibility and collaborative opportunities to the supply chain.
The company also opened a solar power plant in Wellampitiya generating around 78,000 kilowatt hours of energy per month.
In adjudicating, the awards committee evaluated the company’s financials for the year in comparison to its previous and found robust top-line growth.
The company also announced a marked growth in operational profitability during the year, fuelled by good performance in regional financial markets.
During the second quarter, air and ocean freight volumes recorded double digit growth with the group’s core markets in Bangladesh, India and Sri Lanka performing very well.
“At EFL we try to look beyond the numbers,” said EFL Sri Lanka Managing Director Saif Yusoof. “Our performance over the last year is definitive proof of this.
We have reaffirmed a commitment to sustainable growth and delivered required solutions to our customers while also strengthening our supply chains.”
“It’s an honour to be recognized for the work we do, and I would like to thank my team for their continued efforts and dedication.”