Centum Investment Co PLC 2021 Integrated Report
The report outlines Centum's performance and strategic progress during the second year of its Centum 4.0 strategy (FY2021). Despite the challenging economic environment caused by the COVID-19 pandemic, the company successfully reduced its long-term debt by KES 13 billion and enhanced its Marketable Securities Portfolio to KES 7.5 billion. Centum also advanced its sustainability initiatives, including the commissioning of a 3 million liters per day sea water desalination plant in Vipingo and the expansion of the Ajiry youth employment platform. Financially, the company recorded an operating cash profit of KES 245 million, although it booked a consolidated loss after tax of KES 1.3 billion, primarily driven by losses from Two Rivers Development Limited.
Company: Centum Investment Co PLC
Sector: Finance & insurance
Country: Kenya
Year: 2021
Type: Integrated Report
Pages: 232
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Centum Investment Co PLC
Integrated Report And Financial Statements
The report outlines Centum's performance and strategic progress during the second year of its Centum 4.0 strategy (FY2021). Despite the challenging economic environment caused by the COVID-19 pandemic, the company successfully reduced its long-term debt by KES 13 billion and enhanced its Marketable Securities Portfolio to KES 7.5 billion. Centum also advanced its sustainability initiatives, including the commissioning of a 3 million liters per day sea water desalination plant in Vipingo and the expansion of the Ajiry youth employment platform. Financially, the company recorded an operating cash profit of KES 245 million, although it booked a consolidated loss after tax of KES 1.3 billion, primarily driven by losses from Two Rivers Development Limited.
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Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees