Illovo Sugar (Malawi) PLC 2021 AR2
The report highlights Illovo Sugar (Malawi) Plc's operational and financial performance for the fiscal year ended August 31, 2021. The company achieved an 11% increase in revenue to K163.259 billion and a 293% increase in operating profit to K31.941 billion, driven by strong agricultural and factory performance and domestic sales. Illovo Malawi continued its commitment to community development, spending K1.7 billion on community support and K476 million on COVID-19 response efforts. Environmental initiatives resulted in an 18% decrease in petrol usage, a 50% decrease in wastewater emissions, and a 17% increase in the use of bagasse and residue energy.
Company: Illovo Sugar (Malawi) PLC
Sector: Consumer Staples
Country: Malawi
Year: 2021
Type: AR2
Pages: 168
Illovo Sugar (Malawi) PLC
Annual Report
The report highlights Illovo Sugar (Malawi) Plc's operational and financial performance for the fiscal year ended August 31, 2021. The company achieved an 11% increase in revenue to K163.259 billion and a 293% increase in operating profit to K31.941 billion, driven by strong agricultural and factory performance and domestic sales. Illovo Malawi continued its commitment to community development, spending K1.7 billion on community support and K476 million on COVID-19 response efforts. Environmental initiatives resulted in an 18% decrease in petrol usage, a 50% decrease in wastewater emissions, and a 17% increase in the use of bagasse and residue energy.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Sep 1, 2020 - Aug 31, 2021
Fiscal Year
2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees