Best Holdings Limited

Climate Impact & Sustainability Data (2018-19 to 2022-23, 2022-06 to 2023-06)

Project implementation in due time and capacity utilization at the estimated level of ongoing project.
Key bondholders may refuse the bond restructuring proposal.
Very low return on asset and equity.
Increased Competition
Govt. Policy Changes towards the industry
Political unrest
Natural disaster
Maintaining Quality Service
Availability of Skilled Professionals

The management of Le Meridien adjusts the price of their services in response to changes in the exchange rate in order to offset the impact of unfavorable exchange rate volatility on the company's earnings.
The company is expose to currency risk as the company has to purchase raw material, spare parts, accessories, capital items and royalty fees and other payments are denominated in USD.
Le Meridien has installed solar panels that act as its contingent power supply in the form of solar energy.
The hotel also sources Liquefied Petroleum Gas (LPG) as an alternative source of gas when required.
The project has a back-up generator for contingency purposes, and uses LPG as an alternative gas source when required.
The project leverages solar power as contingency when primary power sources are unavailable.
The project also uses LPG as an alternative energy source to its gas requirements, and owns a deep tube-well as an additional water source.
Best Holdings Limited always intends to avoid significant dependency on any single supplier. It procures the material from various sources.
Best Holdings Limited does not have any long-term binding contract with any of its suppliers other than those entered into for day-to-day operational purposes.

Project implementation delays
Increased project costs due to exchange rate fluctuations and rising construction material prices
Maintaining service quality during economic crises
Interest rate risk on bonds
Shortages of imported supplies (food ingredients, alcoholic beverages, frozen buffalo meat)
High turnover of key management personnel