Illovo Sugar (Malawi) PLC 2022 Annual Report with Sustainability Disclosures
The report highlights Illovo Sugar (Malawi) Plc's performance and sustainability initiatives for the fiscal year ended August 31, 2022. Despite challenges from cyclones Ana and Gombe, the company achieved a 14% growth in revenue to K186.6 billion and a 30% increase in profit after tax to K26.6 billion. Key sustainability achievements include generating 72,392.35 MWh of electricity from bagasse, utilizing 100% renewable energy during production, and recycling over 22.4 million cubic meters of water. Additionally, the company expanded drip irrigation to 2,000 hectares at Nchalo and installed its first Vitamin A Premix plant at Dwangwa to support community health.
Company: Illovo Sugar (Malawi) PLC
Sector: Manufacturing
Country: Malawi
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 168
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Illovo Sugar (Malawi) PLC
Annual Report
The report highlights Illovo Sugar (Malawi) Plc's performance and sustainability initiatives for the fiscal year ended August 31, 2022. Despite challenges from cyclones Ana and Gombe, the company achieved a 14% growth in revenue to K186.6 billion and a 30% increase in profit after tax to K26.6 billion. Key sustainability achievements include generating 72,392.35 MWh of electricity from bagasse, utilizing 100% renewable energy during production, and recycling over 22.4 million cubic meters of water. Additionally, the company expanded drip irrigation to 2,000 hectares at Nchalo and installed its first Vitamin A Premix plant at Dwangwa to support community health.
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Document Details
Report Year
2022
Reporting Period
Sep 1, 2021 - Aug 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Renewable Energy
Women in Management
Employees