VM Investments Ltd 2024 AR2
The report highlights VM Investments Limited's (VMIL) financial and operational performance for the fiscal year 2024, showcasing a significant increase in net profit to $555.7 million. Key achievements include the acquisition of Republic Funds in Barbados, rebranded as VM Wealth Funds, and the successful execution of six capital market raises. The company also upgraded its JSE Corporate Governance Index rating to an 'A' and resumed dividend payments to shareholders. Additionally, VMIL advanced its sustainability initiatives through youth empowerment programs, tree planting partnerships, and the renewal of its NEPA Green Business certification.
Company: VM Investments Ltd
Sector: Financials
Country: Jamaica
Year: 2024
Type: AR2
Pages: 200
VM Investments Ltd
Annual Report
The report highlights VM Investments Limited's (VMIL) financial and operational performance for the fiscal year 2024, showcasing a significant increase in net profit to $555.7 million. Key achievements include the acquisition of Republic Funds in Barbados, rebranded as VM Wealth Funds, and the successful execution of six capital market raises. The company also upgraded its JSE Corporate Governance Index rating to an 'A' and resumed dividend payments to shareholders. Additionally, VMIL advanced its sustainability initiatives through youth empowerment programs, tree planting partnerships, and the renewal of its NEPA Green Business certification.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Dec 31, 2024
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