VM Investments Ltd 2022 AR2

The report highlights VM Investments Limited's financial and operational performance for the fiscal year 2022, showcasing a 57.23% increase in net profit to $691.86 million despite a challenging economic environment. The company advanced its regional expansion through the acquisition of Republic Funds (Barbados) Inc. and a private equity stake in Home Choice Enterprise Limited. Additionally, VMIL launched the Jamaica Actus Small & Medium Enterprises Fund I (JASMEF) to support local and regional SMEs. On the sustainability front, the company adopted the VM Group Environmental, Social & Governance (ESG) Policy and the Diversity, Equity & Inclusion Policy, achieving gender equity with 50% of senior managers being women.

Company: VM Investments Ltd

Sector: Financials

Country: Jamaica

Year: 2022

Type: AR2

Pages: 198

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VM Investments Ltd

VM Investments Ltd 2022 Annual Report

Annual Report

The report highlights VM Investments Limited's financial and operational performance for the fiscal year 2022, showcasing a 57.23% increase in net profit to $691.86 million despite a challenging economic environment. The company advanced its regional expansion through the acquisition of Republic Funds (Barbados) Inc. and a private equity stake in Home Choice Enterprise Limited. Additionally, VMIL launched the Jamaica Actus Small & Medium Enterprises Fund I (JASMEF) to support local and regional SMEs. On the sustainability front, the company adopted the VM Group Environmental, Social & Governance (ESG) Policy and the Diversity, Equity & Inclusion Policy, achieving gender equity with 50% of senior managers being women.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Women on Board

Women in Management