Crookes Brothers Ltd 2018 IR
The report highlights a challenging 2018 financial year for Crookes Brothers Limited, marked by a decline in sugar prices and a severe drought in the Western Cape. Despite these difficulties, the company progressed its crop and geographic diversification strategy, achieving a 285% increase in its macadamia crop in Mozambique. Additionally, the company successfully resolved a long-standing land claim at Renishaw, unlocking future property development opportunities. Crookes Brothers also improved its B-BBEE rating to Level 3 and restructured its South African assets under Crookes Brothers SA to promote agricultural transformation.
Company: Crookes Brothers Ltd
Sector: Agriculture, forestry & fishing
Country: South Africa
Year: 2018
Type: IR
Pages: 88
Crookes Brothers Ltd
The report highlights a challenging 2018 financial year for Crookes Brothers Limited, marked by a decline in sugar prices and a severe drought in the Western Cape. Despite these difficulties, the company progressed its crop and geographic diversification strategy, achieving a 285% increase in its macadamia crop in Mozambique. Additionally, the company successfully resolved a long-standing land claim at Renishaw, unlocking future property development opportunities. Crookes Brothers also improved its B-BBEE rating to Level 3 and restructured its South African assets under Crookes Brothers SA to promote agricultural transformation.
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Document Details
Report Year
2018
Reporting Period
Apr 1, 2017 - Mar 31, 2018
Fiscal Year
2018
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