Crookes Brothers Ltd 2017 IR
The report details the integrated performance of Crookes Brothers Limited for the fiscal year ended March 31, 2017. Despite severe drought conditions affecting sugar cane and banana yields, the company achieved a 22% increase in revenue to R664 million and a 92% increase in profit after tax to R96.2 million, driven by higher prices. Key strategic developments included the expansion of the Murrimo Macadamias project in Mozambique, the launch of the Renishaw Hills property development, and the successful implementation of the Mawecro community partnership. The company also progressed its transformation goals, achieving a Level 5 B-BBEE rating and distributing R31 million in lease fees and dividends to community partners.
Company: Crookes Brothers Ltd
Sector: Agriculture, forestry & fishing
Country: South Africa
Year: 2017
Type: IR
Pages: 96
Crookes Brothers Ltd
The report details the integrated performance of Crookes Brothers Limited for the fiscal year ended March 31, 2017. Despite severe drought conditions affecting sugar cane and banana yields, the company achieved a 22% increase in revenue to R664 million and a 92% increase in profit after tax to R96.2 million, driven by higher prices. Key strategic developments included the expansion of the Murrimo Macadamias project in Mozambique, the launch of the Renishaw Hills property development, and the successful implementation of the Mawecro community partnership. The company also progressed its transformation goals, achieving a Level 5 B-BBEE rating and distributing R31 million in lease fees and dividends to community partners.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees