C & I Leasing PLC 2020 Annual Report with Sustainability Disclosures
The report highlights C&I Leasing PLC's financial and operational performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic and declining crude oil prices, the company launched several technology-driven initiatives, including the Skill Central e-learning platform, 360 Fleet Solution, and a digitalized marine vessel management solution. The Group's gross earnings declined by 22% to N19.4 billion, and profit after tax fell to N321 million. The company successfully completed a N2.2 billion Rights Issue to enhance its capital structure and recommended a dividend of 5 kobo per share.
Company: C & I Leasing PLC
Sector: Business support services
Country: Nigeria
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 79
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C & I Leasing PLC
Annual Report
The report highlights C&I Leasing PLC's financial and operational performance for the fiscal year 2020. Despite the challenges of the COVID-19 pandemic and declining crude oil prices, the company launched several technology-driven initiatives, including the Skill Central e-learning platform, 360 Fleet Solution, and a digitalized marine vessel management solution. The Group's gross earnings declined by 22% to N19.4 billion, and profit after tax fell to N321 million. The company successfully completed a N2.2 billion Rights Issue to enhance its capital structure and recommended a dividend of 5 kobo per share.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Employees