State Trading Organization PLC 2023 Annual Report with Sustainability Disclosures
Company: State Trading Organization PLC
Sector: Wholesale & retail
Country: Maldives
Year: 2023
Type: Annual Report with Sustainability Disclosures
Pages: 180
The report describes a record 2023 group net profit after tax of MVR 1.1 billion despite lower revenue. It also introduces a dedicated sustainability report covering stakeholder engagement, materiality refresh activities and sustainability governance, while noting that the report was not externally audited. Board diversity improved during the year, with women representing 14.2% of the Board compared with 0% in 2022.
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