Crookes Brothers Ltd 2024 IR
The report details the financial and operational performance of Crookes Brothers Limited for the fiscal year ended March 31, 2024. During the year, the company successfully executed a turnaround strategy, disposing of its underperforming Deciduous Division for R200 million to reduce debt and focus on its core subtropical agricultural operations. Driven by strong sugar cane and banana prices, group revenue from continuing operations increased by 18% to R727.9 million, and operating profit rose to R111.2 million. Additionally, the company achieved a milestone in its macadamia harvest, breaching the 1,000-tonne mark for the first time.
Company: Crookes Brothers Ltd
Sector: Agriculture, forestry & fishing
Country: South Africa
Year: 2024
Type: IR
Pages: 72
Crookes Brothers Ltd
The report details the financial and operational performance of Crookes Brothers Limited for the fiscal year ended March 31, 2024. During the year, the company successfully executed a turnaround strategy, disposing of its underperforming Deciduous Division for R200 million to reduce debt and focus on its core subtropical agricultural operations. Driven by strong sugar cane and banana prices, group revenue from continuing operations increased by 18% to R727.9 million, and operating profit rose to R111.2 million. Additionally, the company achieved a milestone in its macadamia harvest, breaching the 1,000-tonne mark for the first time.
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Document Details
Report Year
2024
Reporting Period
Apr 1, 2023 - Mar 31, 2024
Fiscal Year
2024
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