Massy Holdings Ltd 2024 AR2
The report highlights Massy Holdings Ltd.'s transition to the Integrated Reporting format for the fiscal year ended September 30, 2024. The company achieved an 11% increase in third-party revenue to TT$15.7 billion, driven by its Gas Products and Integrated Retail Portfolios, although profit before tax declined by 8% to TT$1.1 billion due to one-off costs. Notably, the company generated record net operational cash flow exceeding TT$1 billion and reduced its debt-to-equity ratio to 37%. On the sustainability front, Massy began voluntary alignment with IFRS S1 and S2 standards and the UNDP SDG Impact Standards, while also implementing the Social Return on Investment methodology to evaluate its community programs.
Company: Massy Holdings Ltd
Sector: Industrials
Country: Trinidad and Tobago
Year: 2024
Type: AR2
Pages: 212
Massy Holdings Ltd
Annual Report
The report highlights Massy Holdings Ltd.'s transition to the Integrated Reporting format for the fiscal year ended September 30, 2024. The company achieved an 11% increase in third-party revenue to TT$15.7 billion, driven by its Gas Products and Integrated Retail Portfolios, although profit before tax declined by 8% to TT$1.1 billion due to one-off costs. Notably, the company generated record net operational cash flow exceeding TT$1 billion and reduced its debt-to-equity ratio to 37%. On the sustainability front, Massy began voluntary alignment with IFRS S1 and S2 standards and the UNDP SDG Impact Standards, while also implementing the Social Return on Investment methodology to evaluate its community programs.
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Document Details
Report Year
2024
Reporting Period
Oct 1, 2023 - Sep 30, 2024
Fiscal Year
2024
Published
Nov 19, 2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees