SBM Holdings Ltd 2023 IR
The report highlights SBM Holdings Ltd's transition to integrated reporting for the fiscal year 2023, marking its 50th anniversary. The Group achieved a record profit after tax of MUR 4.3 billion, representing an 18.7% increase from the previous year, driven by sustained revenue generation and improved credit loss expenses. SBM formally launched its Sustainability Agenda, structured around three pillars: Sustainable Business, Responsible Organisation, and Inclusive Communities, and became a signatory to the UN Global Compact. Additionally, the Group expanded its footprint with new branches in India and Mauritius while maintaining robust capital adequacy ratios.
Company: SBM Holdings Ltd
Sector: Financials
Country: Mauritius
Year: 2023
Type: IR
Pages: 376
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SBM Holdings Ltd
Integrated Annual Report
The report highlights SBM Holdings Ltd's transition to integrated reporting for the fiscal year 2023, marking its 50th anniversary. The Group achieved a record profit after tax of MUR 4.3 billion, representing an 18.7% increase from the previous year, driven by sustained revenue generation and improved credit loss expenses. SBM formally launched its Sustainability Agenda, structured around three pillars: Sustainable Business, Responsible Organisation, and Inclusive Communities, and became a signatory to the UN Global Compact. Additionally, the Group expanded its footprint with new branches in India and Mauritius while maintaining robust capital adequacy ratios.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Published
May 13, 2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees