VM Investments Ltd 2023 AR2
The report highlights VM Investments Limited's performance and strategic progress during the fiscal year 2023. Despite a challenging macroeconomic environment with high interest rates, the company achieved a net profit of J$198.84 million and grew its total assets to J$29.51 billion. Key achievements included upgrading its CariCRIS credit rating to CariBBB, advancing regional expansion in Barbados, and receiving the Green Business Jamaica Certification from the National Environment and Planning Agency. The company also made significant digital advancements, migrating over 87% of transactions to digital channels.
Company: VM Investments Ltd
Sector: Financials
Country: Jamaica
Year: 2023
Type: AR2
Pages: 188
VM Investments Ltd
Annual Report
The report highlights VM Investments Limited's performance and strategic progress during the fiscal year 2023. Despite a challenging macroeconomic environment with high interest rates, the company achieved a net profit of J$198.84 million and grew its total assets to J$29.51 billion. Key achievements included upgrading its CariCRIS credit rating to CariBBB, advancing regional expansion in Barbados, and receiving the Green Business Jamaica Certification from the National Environment and Planning Agency. The company also made significant digital advancements, migrating over 87% of transactions to digital channels.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
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