ExpolankaHoldingsPLCAR2021-22.pdf - Flipbook - Page 49
EXPOLANKA HOLDINGS PLC
INTEGRATED ANNUAL REPORT 2021/22
The organization has maintained its focus on building infrastructure and capabilities to ensure sustained
business growth. The business has adopted a range of policies including variable overhead models to
ensure that expenses are aligned with revenue and profitability. Furthermore, on a reporting currency basis,
the depreciation of the rupee had an impact on the increase in overheads during the year. The organization
has been able to establish sufficient operating leverage, ensuring improved Profit margins and overall returns.
The organization is expending continuous focus on optimizing its technology capabilities, to bring in more
efficiencies, and improved processes to drive the organization toward a lean and efficient organizational structure
EBIT for the current year has grown 5X on a YoY basis, which is a substantial improvement from an already
large EBIT base from the previous year. This growth is a clear demonstration of the company’s strong operating
leverage and its ability to convert revenue into profits. Increased activity levels resulting in growth in volumes
were complemented by efficient operating models driving strong profit growth.