African and Overseas Enterprises Ltd 2022 Integrated Report
Company: African and Overseas Enterprises Ltd
Sector: Finance & insurance
Country: South Africa
Year: 2022
Type: Integrated Report
Pages: 62
The report records a 35.5% increase in revenue to R665.7m and profit after tax of R48.8m for 2022. The company also completed the acquisition of 75% of Telemedia, which contributed R6m to after-tax group earnings. Its transformation efforts achieved a level 2 B-BBEE rating. Sustainability disclosure is primarily governance-led, with the social and ethics committee overseeing responsible corporate citizenship and the report noting that the holding company has limited direct environmental impact.
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