Illovo Sugar (Malawi) PLC 2022 Annual Report with Sustainability Disclosures
Company: Illovo Sugar (Malawi) PLC
Sector: Manufacturing
Country: Malawi
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 168
The report presents a strong 2022 performance, including group revenue of K186 642 million, operating profit of K39 505 million, and net profit of K26 630 million. It also reports 100% renewable energy used during production and 22 461 571 m3 of recycled water. Community initiatives included Cyclone Ana flood support, potable-water collaboration, health services, and donation of a blood-bank fridge. The group also reported debt repayment and a net cash position at year-end.
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