East African Cables PLC 2016 Annual Report
The report details the financial and operational performance of East African Cables for the fiscal year 2016. Despite a challenging business environment and a 2% decline in group revenue due to metal price fluctuations, the company achieved a 31% increase in gross profit and a 306% increase in cash generated from operations through cost management and production efficiencies. The company highlighted its commitment to product safety, introducing eco-friendly Halogen Free Fire Retardant cables and Aerial Bundled Conductors. Additionally, the report outlines community initiatives, including financial support for the SOS Children's Village and Our Lady of Nazareth Primary School, alongside employee wellness programs.
Company: East African Cables PLC
Sector: Manufacturing
Country: Kenya
Year: 2016
Type: Annual Report
Pages: 108
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East African Cables PLC
Annual Report And Financial Statements
The report details the financial and operational performance of East African Cables for the fiscal year 2016. Despite a challenging business environment and a 2% decline in group revenue due to metal price fluctuations, the company achieved a 31% increase in gross profit and a 306% increase in cash generated from operations through cost management and production efficiencies. The company highlighted its commitment to product safety, introducing eco-friendly Halogen Free Fire Retardant cables and Aerial Bundled Conductors. Additionally, the report outlines community initiatives, including financial support for the SOS Children's Village and Our Lady of Nazareth Primary School, alongside employee wellness programs.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Published
Apr 28, 2017
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available