Afrimat Ltd 2011 IR
The report highlights Afrimat's performance for the fiscal year ended February 28, 2011, during which revenue increased by 9.8% to R854.5 million and profit after tax rose by 5.0%. The group successfully diversified into industrial minerals with the strategic acquisition of the Glen Douglas dolomite mine. Afrimat also improved its B-BBEE ratings across its subsidiaries and achieved a black ownership level of 26.1%, meeting the Mining Charter's target ahead of the 2014 deadline. Additionally, the group's Disabling Injuries Frequency Rate (DIFR) improved to 2.47.
Company: Afrimat Ltd
Sector: Mining & quarrying
Country: South Africa
Year: 2011
Type: IR
Pages: 104
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Afrimat Ltd
Integrated Annual Report
The report highlights Afrimat's performance for the fiscal year ended February 28, 2011, during which revenue increased by 9.8% to R854.5 million and profit after tax rose by 5.0%. The group successfully diversified into industrial minerals with the strategic acquisition of the Glen Douglas dolomite mine. Afrimat also improved its B-BBEE ratings across its subsidiaries and achieved a black ownership level of 26.1%, meeting the Mining Charter's target ahead of the 2014 deadline. Additionally, the group's Disabling Injuries Frequency Rate (DIFR) improved to 2.47.
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Document Details
Report Year
2011
Reporting Period
Mar 1, 2010 - Feb 28, 2011
Fiscal Year
2011
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees