Integrated Report

Overview

The report describes Newpark's 2023 performance against a challenging South African operating environment. Revenue increased to R126,7 million, while the group maintained a R1,38 billion property portfolio and improved its loan-to-value ratio to 30,9%. Sustainability efforts included pursuing solar initiatives for the property assets. The report also identifies the group's sixth B-BBEE assessment as Non-Compliant Contributor status, with an objective to achieve Compliant Contributor status in the medium term.

Document

Report type: Integrated Report
Class: Embedded
Scope: Full report
Fiscal year: 2023
Period: 1 March 2022 – 28 February 2023
Publication date: 24 May 2023
Language: English
Pages
File size
Restatement: Disclosed

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