Berger Paints Nigeria PLC 2022 AR2
The report highlights Berger Paints Nigeria Plc's operational, financial, and sustainability performance for the fiscal year 2022. Despite a challenging economic environment, the company achieved a 28% increase in revenue and a 53% growth in profit after tax. Notably, the company became the first major manufacturing firm in Nigeria to permanently adopt a four-day work week to improve employee well-being and productivity. Additionally, the company established a new subsidiary, Swift Painting Nigeria Limited, to deliver advanced mechanized painting services, and achieved a milestone of zero workplace fatalities and environmental spills during the year.
Company: Berger Paints Nigeria PLC
Sector: Materials
Country: Nigeria
Year: 2022
Type: AR2
Pages: 137
Berger Paints Nigeria PLC
Annual Reports And Accounts
The report highlights Berger Paints Nigeria Plc's operational, financial, and sustainability performance for the fiscal year 2022. Despite a challenging economic environment, the company achieved a 28% increase in revenue and a 53% growth in profit after tax. Notably, the company became the first major manufacturing firm in Nigeria to permanently adopt a four-day work week to improve employee well-being and productivity. Additionally, the company established a new subsidiary, Swift Painting Nigeria Limited, to deliver advanced mechanized painting services, and achieved a milestone of zero workplace fatalities and environmental spills during the year.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees