South Ocean Holdings Ltd 2020 IR
The report details South Ocean Holdings Limited's performance for the fiscal year 2020, highlighting its recovery and return to profitability despite the severe disruptions caused by the COVID-19 pandemic and national lockdowns. The group achieved a 12% increase in revenue to R1.743 billion and declared its first dividend in ten years at 3.00 cents per share, following the strategic sale of its loss-making Radiant subsidiary in 2019. Operationally, the company capitalized on market consolidation within the low-voltage cable and wire industry to achieve record sales in September and October. Additionally, the group improved and maintained its B-BBEE status at Level 4 and continued its commitment to employee development and community upliftment.
Company: South Ocean Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2020
Type: IR
Pages: 120
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South Ocean Holdings Ltd
Integrated Annual Report
The report details South Ocean Holdings Limited's performance for the fiscal year 2020, highlighting its recovery and return to profitability despite the severe disruptions caused by the COVID-19 pandemic and national lockdowns. The group achieved a 12% increase in revenue to R1.743 billion and declared its first dividend in ten years at 3.00 cents per share, following the strategic sale of its loss-making Radiant subsidiary in 2019. Operationally, the company capitalized on market consolidation within the low-voltage cable and wire industry to achieve record sales in September and October. Additionally, the group improved and maintained its B-BBEE status at Level 4 and continued its commitment to employee development and community upliftment.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
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
Total Waste
Women in Management
Workplace Fatalities
Employees