South Ocean Holdings Ltd 2024 IR
The report outlines South Ocean Holdings' financial and sustainability performance for the fiscal year ended December 31, 2024. During the year, the company secured its first-ever contract with state-owned entity Eskom to supply low-voltage cable, leveraging its Level 1 B-BBEE rating. To mitigate grid instability, the company invested in a R60 million hybrid solar power system with 2.8 MVA stored capacity at its Alrode facility. Despite challenging macroeconomic conditions, the company maintained its market leadership in the low-voltage cable segment and increased production output to 22,072 metric tons across its Alrode and Elandsfontein factories.
Company: South Ocean Holdings Ltd
Sector: Manufacturing
Country: South Africa
Year: 2024
Type: IR
Pages: 132
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South Ocean Holdings Ltd
Integrated Annual Report
The report outlines South Ocean Holdings' financial and sustainability performance for the fiscal year ended December 31, 2024. During the year, the company secured its first-ever contract with state-owned entity Eskom to supply low-voltage cable, leveraging its Level 1 B-BBEE rating. To mitigate grid instability, the company invested in a R60 million hybrid solar power system with 2.8 MVA stored capacity at its Alrode facility. Despite challenging macroeconomic conditions, the company maintained its market leadership in the low-voltage cable segment and increased production output to 22,072 metric tons across its Alrode and Elandsfontein factories.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Mar 19, 2025
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
Workplace Fatalities
Employees