Velogic Holding Co Ltd 2022 IR
The report outlines Velogic's performance for the fiscal year ended June 30, 2022, highlighting its listing on the Development & Enterprise Market of the Stock Exchange of Mauritius. The company achieved a 25% increase in revenue to MUR 4.6 billion and a 28% increase in profit after tax to MUR 194 million. Key strategic milestones included the acquisition of a 49% minority stake in its Kenyan operations and the disposal of a 70% stake in Velogic France to a strategic partner. On the sustainability front, Velogic progressed its green logistics initiatives, focusing on waste recycling, water efficiency, and eco-driving training for truck drivers.
Company: Velogic Holding Co Ltd
Sector: Industrials
Country: Mauritius
Year: 2022
Type: IR
Pages: 101
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Velogic Holding Co Ltd
Integrated Report
The report outlines Velogic's performance for the fiscal year ended June 30, 2022, highlighting its listing on the Development & Enterprise Market of the Stock Exchange of Mauritius. The company achieved a 25% increase in revenue to MUR 4.6 billion and a 28% increase in profit after tax to MUR 194 million. Key strategic milestones included the acquisition of a 49% minority stake in its Kenyan operations and the disposal of a 70% stake in Velogic France to a strategic partner. On the sustainability front, Velogic progressed its green logistics initiatives, focusing on waste recycling, water efficiency, and eco-driving training for truck drivers.
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Document Details
Report Year
2022
Reporting Period
Jul 1, 2021 - Jun 30, 2022
Fiscal Year
2022
Published
Sep 28, 2022
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
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