Engen Botswana Ltd 2022 Integrated Report
The report highlights Engen Botswana Limited's performance and strategic progress for the fiscal year 2022. Despite global and local economic challenges, the company achieved a 2.6% increase in net profit after tax to P266.1 million, driven by effective cost containment and margin management. Retail fuel sales declined by 11% due to significant fuel price adjustments, but commercial sales volumes grew by 30%, supported by strong diesel and kerosene demand. The company also made progress in its sustainability initiatives, successfully installing solar PV systems at six retail service stations to reduce carbon emissions.
Company: Engen Botswana Ltd
Sector: Wholesale & retail
Country: Botswana
Year: 2022
Type: Integrated Report
Pages: 181
Engen Botswana Ltd
The report highlights Engen Botswana Limited's performance and strategic progress for the fiscal year 2022. Despite global and local economic challenges, the company achieved a 2.6% increase in net profit after tax to P266.1 million, driven by effective cost containment and margin management. Retail fuel sales declined by 11% due to significant fuel price adjustments, but commercial sales volumes grew by 30%, supported by strong diesel and kerosene demand. The company also made progress in its sustainability initiatives, successfully installing solar PV systems at six retail service stations to reduce carbon emissions.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Published
Jun 23, 2023
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 in Management
Workplace Fatalities
Employees