AfroCentric Investment Corp Ltd 2018 IR
The report highlights AfroCentric Group's performance for the fiscal year ended June 30, 2018, focusing on its integration of the healthcare value chain. Key achievements include a Level 2 B-BBEE status for the sixth consecutive year, an 11.3% increase in total revenue, and a 10.5% increase in operating profit. The company expanded its footprint through strategic acquisitions, including Essential Group, Scriptpharm Risk Management, MMed Distribution, and Tendahealth. Additionally, Medscheme Forensics achieved R408 million in cost savings through fraud, waste, and abuse detection. The Group also invested R7 million in employee training and over R3 million in socio-economic development initiatives.
Company: AfroCentric Investment Corp Ltd
Sector: Financials
Country: South Africa
Year: 2018
Type: IR
Pages: 118
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AfroCentric Investment Corp Ltd
Integrated Report
The report highlights AfroCentric Group's performance for the fiscal year ended June 30, 2018, focusing on its integration of the healthcare value chain. Key achievements include a Level 2 B-BBEE status for the sixth consecutive year, an 11.3% increase in total revenue, and a 10.5% increase in operating profit. The company expanded its footprint through strategic acquisitions, including Essential Group, Scriptpharm Risk Management, MMed Distribution, and Tendahealth. Additionally, Medscheme Forensics achieved R408 million in cost savings through fraud, waste, and abuse detection. The Group also invested R7 million in employee training and over R3 million in socio-economic development initiatives.
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Document Details
Report Year
2018
Reporting Period
Jul 1, 2017 - Jun 30, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees