Medine Ltd 2022 IR
The report highlights Medine Limited's financial and operational recovery for the fiscal year ended June 30, 2022, achieving a record profit after tax of Rs 1 billion. The company made significant progress on its Target 4:4 strategy, reducing its net debt to Rs 5.6 billion and increasing its net asset value per share by 10% to Rs 200. Key operational milestones included signing a Memorandum of Understanding with the government for the Flic-en-Flac bypass road and rebuilding the entire leadership team. In sustainability, Medine advanced its group-wide ESG strategy, focusing on energy optimization, renewable energy partnerships, and community empowerment through Fondation Medine Horizons.
Company: Medine Ltd
Sector: Consumer Staples
Country: Mauritius
Year: 2022
Type: IR
Pages: 266
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Medine Ltd
Integrated Report
The report highlights Medine Limited's financial and operational recovery for the fiscal year ended June 30, 2022, achieving a record profit after tax of Rs 1 billion. The company made significant progress on its Target 4:4 strategy, reducing its net debt to Rs 5.6 billion and increasing its net asset value per share by 10% to Rs 200. Key operational milestones included signing a Memorandum of Understanding with the government for the Flic-en-Flac bypass road and rebuilding the entire leadership team. In sustainability, Medine advanced its group-wide ESG strategy, focusing on energy optimization, renewable energy partnerships, and community empowerment through Fondation Medine Horizons.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Sep 23, 2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees