South Ocean Holdings Ltd 2019 IR
The report covers the financial and non-financial performance of South Ocean Holdings for the year ended 31 December 2019. A key highlight of the year was the sale of its subsidiary, Radiant Group, which helped stabilize the Group's financial position and reduce its gearing ratio. Despite a challenging socio-economic environment in South Africa, the Group improved its B-BBEE rating to Level 4. Operationally, the Group focused on streamlining its executive structure and addressing manufacturing efficiencies at its subsidiary, South Ocean Electric Wire Company (SOEW).
Company: South Ocean Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2019
Type: IR
Pages: 116
South Ocean Holdings Ltd
The report covers the financial and non-financial performance of South Ocean Holdings for the year ended 31 December 2019. A key highlight of the year was the sale of its subsidiary, Radiant Group, which helped stabilize the Group's financial position and reduce its gearing ratio. Despite a challenging socio-economic environment in South Africa, the Group improved its B-BBEE rating to Level 4. Operationally, the Group focused on streamlining its executive structure and addressing manufacturing efficiencies at its subsidiary, South Ocean Electric Wire Company (SOEW).
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women in Management
Employees