Afgri Corp Ltd 2009 Annual Report with Sustainability Disclosures
The report highlights AFGRI's financial and operational performance for the fiscal year ended June 30, 2009, showcasing a 46% increase in pre-tax earnings from continuing operations to R552.7 million. The company successfully concluded a R2.5 billion securitisation facility with Rabobank to diversify agricultural finance. Operationally, AFGRI achieved record maize crops in its regions and expanded its Daybreak Farms poultry capacity to 650,000 birds per week. The company also advanced its strategy of exiting non-core businesses by disposing of its loss-making seed division. In sustainability, AFGRI focused on human capital development, corporate social investment in schools and agricultural trusts, and initiated a group-wide review of environmental management standards.
Company: Afgri Corp Ltd
Sector: Wholesale & retail
Country: Zambia
Year: 2009
Type: Annual Report with Sustainability Disclosures
Pages: 139
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Afgri Corp Ltd
Annual Report
The report highlights AFGRI's financial and operational performance for the fiscal year ended June 30, 2009, showcasing a 46% increase in pre-tax earnings from continuing operations to R552.7 million. The company successfully concluded a R2.5 billion securitisation facility with Rabobank to diversify agricultural finance. Operationally, AFGRI achieved record maize crops in its regions and expanded its Daybreak Farms poultry capacity to 650,000 birds per week. The company also advanced its strategy of exiting non-core businesses by disposing of its loss-making seed division. In sustainability, AFGRI focused on human capital development, corporate social investment in schools and agricultural trusts, and initiated a group-wide review of environmental management standards.
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Document Details
Report Year
2009
Reporting Period
Jul 1, 2008 - Jun 30, 2009
Fiscal Year
2009
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women in Management
Employees