South Ocean Holdings Ltd 2015 IR
The report details South Ocean Holdings Limited's performance for the fiscal year ended December 31, 2015, a challenging year marked by sluggish economic growth and electricity supply disruptions. Despite these difficulties, the company improved its Black Economic Empowerment (BEE) rating from level 6 to level 3. The Group also invested R1.2 million in its learnership programme, supporting 44 learners, including 12 unemployed disabled individuals. Financially, Group revenue decreased by 3.4% to R1.657 billion, while cash flow was managed effectively, reducing the net bank overdraft.
Company: South Ocean Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2015
Type: IR
Pages: 116
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South Ocean Holdings Ltd
Integrated Annual Report
The report details South Ocean Holdings Limited's performance for the fiscal year ended December 31, 2015, a challenging year marked by sluggish economic growth and electricity supply disruptions. Despite these difficulties, the company improved its Black Economic Empowerment (BEE) rating from level 6 to level 3. The Group also invested R1.2 million in its learnership programme, supporting 44 learners, including 12 unemployed disabled individuals. Financially, Group revenue decreased by 3.4% to R1.657 billion, while cash flow was managed effectively, reducing the net bank overdraft.
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Document Details
Report Year
2015
Reporting Period
Jan 1, 2015 - Dec 31, 2015
Fiscal Year
2015
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Employees