Demerara Distillers Ltd 2024 AR2
The report highlights Demerara Distillers Limited's financial and operational performance for the fiscal year 2024. Despite global market challenges and a fire at its Central Power Station, the company achieved a profit before taxation of G$8.0 billion, representing a four percent increase from the previous year. The group continued its expansion and diversification strategy with G$8.017 billion in capital expenditure, completing a new ageing warehouse, distillery equipment replacements, and expanding TOPCO's production capacity. Additionally, the company maintained its commitment to sustainability through its Bio-Methanisation and CO2 plants, and supported local youth through various educational and sports initiatives.
Company: Demerara Distillers Ltd
Country: Guyana
Year: 2024
Type: AR2
Pages: 98
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Demerara Distillers Ltd
Annual Report
The report highlights Demerara Distillers Limited's financial and operational performance for the fiscal year 2024. Despite global market challenges and a fire at its Central Power Station, the company achieved a profit before taxation of G$8.0 billion, representing a four percent increase from the previous year. The group continued its expansion and diversification strategy with G$8.017 billion in capital expenditure, completing a new ageing warehouse, distillery equipment replacements, and expanding TOPCO's production capacity. Additionally, the company maintained its commitment to sustainability through its Bio-Methanisation and CO2 plants, and supported local youth through various educational and sports initiatives.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available