ADvTECH Ltd 2021 IR
The report highlights ADvTECH's strong financial and operational performance for the 2021 fiscal year, showcasing a robust and resilient business model. The company achieved an 8% increase in revenue to R5.9 billion and a 22% increase in operating profit to R1.1 billion, driven by solid enrolment growth across its schools and tertiary divisions. ADvTECH successfully expanded its footprint in the rest of Africa, with Gaborone International School and Crawford International Kenya delivering profitable growth. Additionally, the group advanced its sustainability journey by aligning with the UN SDGs, integrating Respect, Diversity, and Inclusion (RDI) initiatives, and implementing energy and water efficiency measures across its campuses.
Company: ADvTECH Ltd
Sector: Education
Country: South Africa
Year: 2021
Type: IR
Pages: 165
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ADvTECH Ltd
Annual Integrated Report
The report highlights ADvTECH's strong financial and operational performance for the 2021 fiscal year, showcasing a robust and resilient business model. The company achieved an 8% increase in revenue to R5.9 billion and a 22% increase in operating profit to R1.1 billion, driven by solid enrolment growth across its schools and tertiary divisions. ADvTECH successfully expanded its footprint in the rest of Africa, with Gaborone International School and Crawford International Kenya delivering profitable growth. Additionally, the group advanced its sustainability journey by aligning with the UN SDGs, integrating Respect, Diversity, and Inclusion (RDI) initiatives, and implementing energy and water efficiency measures across its campuses.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Apr 29, 2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees