Crookes Brothers Ltd 2021 IR
The report highlights Crookes Brothers Limited's performance for the fiscal year ended March 31, 2021. The company achieved a 73% increase in operating profit to R97.9 million and returned to profitability with headline earnings of 272.2 cents per share. Key developments included the disposal of under-performing assets, such as the High Noon deciduous fruit farm, which raised R132 million and significantly reduced interest-bearing debt. Additionally, the company secured an 8 million USD facility for its macadamia project and commenced construction of a 1.3 MW solar plant in Eswatini. Crookes Brothers also maintained its commitment to community partnerships, with over 76% of its South African farming land owned by local communities.
Company: Crookes Brothers Ltd
Sector: Agriculture, forestry & fishing
Country: South Africa
Year: 2021
Type: IR
Pages: 62
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Crookes Brothers Ltd
Integrated Report
The report highlights Crookes Brothers Limited's performance for the fiscal year ended March 31, 2021. The company achieved a 73% increase in operating profit to R97.9 million and returned to profitability with headline earnings of 272.2 cents per share. Key developments included the disposal of under-performing assets, such as the High Noon deciduous fruit farm, which raised R132 million and significantly reduced interest-bearing debt. Additionally, the company secured an 8 million USD facility for its macadamia project and commenced construction of a 1.3 MW solar plant in Eswatini. Crookes Brothers also maintained its commitment to community partnerships, with over 76% of its South African farming land owned by local communities.
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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
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees