South Ocean Holdings Ltd 2008 AR2
The report highlights South Ocean Holdings Limited's performance during the challenging 2008 fiscal year, marked by the global financial crisis and volatile copper prices. Despite these conditions, the group increased its revenue by 33.3% to R1.1 billion, driven by the full-year inclusion of the Radiant acquisition and capacity expansions. The company completed a 15% capacity expansion at its SOEW Alrode plant and invested in new warehouse and showroom facilities for Radiant. On the sustainability front, South Ocean focused on employment equity, skills development, and occupational health and safety, with 89 staff members enrolled in National Qualifications Framework courses.
Company: South Ocean Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2008
Type: AR2
Pages: 88
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South Ocean Holdings Ltd
Annual Report
The report highlights South Ocean Holdings Limited's performance during the challenging 2008 fiscal year, marked by the global financial crisis and volatile copper prices. Despite these conditions, the group increased its revenue by 33.3% to R1.1 billion, driven by the full-year inclusion of the Radiant acquisition and capacity expansions. The company completed a 15% capacity expansion at its SOEW Alrode plant and invested in new warehouse and showroom facilities for Radiant. On the sustainability front, South Ocean focused on employment equity, skills development, and occupational health and safety, with 89 staff members enrolled in National Qualifications Framework courses.
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Document Details
Report Year
2008
Reporting Period
Jan 1, 2008 - Dec 31, 2008
Fiscal Year
2008
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees