Fontana Ltd 2024 AR2
The report highlights Fontana Limited's record-breaking financial year ended June 30, 2024, with revenues reaching $8.1 billion, an 11% increase over the prior year. This growth was supported by the opening of its seventh store in Portmore, which also features a new solar panel installation to lower energy consumption. The company celebrated its 55th anniversary and continued its commitment to community development through the Fontana Foundation and the Wishing Tree Initiative. Despite a 10% decrease in net profit to $589.8 million due to the end of its tax-free period, Fontana strengthened its financial position and continued investing in employee training and development.
Company: Fontana Ltd
Sector: Consumer Staples
Country: Jamaica
Year: 2024
Type: AR2
Pages: 48
Fontana Ltd
Annual Report
The report highlights Fontana Limited's record-breaking financial year ended June 30, 2024, with revenues reaching $8.1 billion, an 11% increase over the prior year. This growth was supported by the opening of its seventh store in Portmore, which also features a new solar panel installation to lower energy consumption. The company celebrated its 55th anniversary and continued its commitment to community development through the Fontana Foundation and the Wishing Tree Initiative. Despite a 10% decrease in net profit to $589.8 million due to the end of its tax-free period, Fontana strengthened its financial position and continued investing in employee training and development.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Published
Oct 15, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees