Trustco Group Holdings Ltd 2019 IR
The report highlights Trustco Group Holdings Limited's performance and strategy for the fiscal year 2019. The company achieved an 85% increase in group consolidated revenue to NAD 1.48 billion and a 165% increase in profit after tax to NAD 725 million. Key developments included the perfection of the Huso transaction, securing a NAD 1 billion related-party loan facility, and expanding its interest in the Meya diamond mine to 65%. The group also advanced its distance education through the Institute for Open Learning, which reached over 59,000 student enrolments since inception.
Company: Trustco Group Holdings Ltd
Sector: Financials
Country: Namibia
Year: 2019
Type: IR
Pages: 147
Trustco Group Holdings Ltd
Integrated Annual Report
The report highlights Trustco Group Holdings Limited's performance and strategy for the fiscal year 2019. The company achieved an 85% increase in group consolidated revenue to NAD 1.48 billion and a 165% increase in profit after tax to NAD 725 million. Key developments included the perfection of the Huso transaction, securing a NAD 1 billion related-party loan facility, and expanding its interest in the Meya diamond mine to 65%. The group also advanced its distance education through the Institute for Open Learning, which reached over 59,000 student enrolments since inception.
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Document Details
Report Year
2019
Reporting Period
Apr 1, 2018 - Mar 31, 2019
Fiscal Year
2019
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Employees