Annual Report

An annual report is a comprehensive document that companies prepare each year to share their financial performance and overall health with shareholders, investors, and other stakeholders. It typically includes financial statements, such as income statements and balance sheets, along with management’s discussion of the company's achievements, challenges, and future plans. The report provides transparency about the company's operations and helps stakeholders assess its stability, profitability, and growth prospects. Essentially, it serves as an official summary of a company’s yearly performance and strategic direction, fostering trust and informed decision-making.