Sameer Africa PLC 2014 Integrated Report
The report highlights Sameer Africa Limited's financial and operational performance for the fiscal year 2014, during which the Group transitioned to an integrated reporting framework. Facing intense competition from subsidized tyre imports, the company experienced a 6% decline in revenue to Kshs 3.8 billion and recorded a pre-tax loss of Kshs 69 million. To counter these market challenges, Sameer Africa launched its new discount brand, SUMMIT, and expanded its retail footprint by opening six new Yana Tyre Centres. On the sustainability front, the company achieved a 19% reduction in factory scrap and waste, maintained emissions within World Bank guidelines, and actively supported community road safety and health initiatives.
Company: Sameer Africa PLC
Sector: Real estate
Country: Kenya
Year: 2014
Type: Integrated Report
Pages: 176
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Sameer Africa PLC
Integrated Annual Report And Financial Statements
The report highlights Sameer Africa Limited's financial and operational performance for the fiscal year 2014, during which the Group transitioned to an integrated reporting framework. Facing intense competition from subsidized tyre imports, the company experienced a 6% decline in revenue to Kshs 3.8 billion and recorded a pre-tax loss of Kshs 69 million. To counter these market challenges, Sameer Africa launched its new discount brand, SUMMIT, and expanded its retail footprint by opening six new Yana Tyre Centres. On the sustainability front, the company achieved a 19% reduction in factory scrap and waste, maintained emissions within World Bank guidelines, and actively supported community road safety and health initiatives.
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Document Details
Report Year
2014
Reporting Period
Jan 1, 2014 - Dec 31, 2014
Fiscal Year
2014
Type
Integrated Report
Language
English, Swahili
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees