Omnicane Ltd 2022 IR
The report details Omnicane's strategic transition into 'Omnicane 2.0' for the fiscal year ended December 31, 2022, focusing on consolidating achievements and transitioning to renewable energy. Financially, the group achieved a major turnaround with a net profit of Rs 568.5 million, compared to a loss of Rs 659.8 million in the previous year, and reduced its gearing ratio to 41.5%. Operationally, Omnicane exported 697 GWh of electricity to the Mauritian grid and produced 17.7 million litres of bioethanol. On the ESG front, the sugar refinery achieved BeVeg vegan certification, and the group continued trials to replace coal with biomass in its thermal power plants.
Company: Omnicane Ltd
Sector: Utilities
Country: Mauritius
Year: 2022
Type: IR
Pages: 116
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Omnicane Ltd
Integrated Report
The report details Omnicane's strategic transition into 'Omnicane 2.0' for the fiscal year ended December 31, 2022, focusing on consolidating achievements and transitioning to renewable energy. Financially, the group achieved a major turnaround with a net profit of Rs 568.5 million, compared to a loss of Rs 659.8 million in the previous year, and reduced its gearing ratio to 41.5%. Operationally, Omnicane exported 697 GWh of electricity to the Mauritian grid and produced 17.7 million litres of bioethanol. On the ESG front, the sugar refinery achieved BeVeg vegan certification, and the group continued trials to replace coal with biomass in its thermal power plants.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Energy Consumption
Renewable Energy
Water Consumption
Women on Board
Workplace Fatalities
Employees