Zambia Sugar PLC 2016 Annual Report with Sustainability Disclosures
The report highlights Zambia Sugar's performance and sustainability initiatives for the fiscal year 2015-2016. Despite challenges from El Nino, dry weather conditions, and power outages that reduced sugarcane production to 3.1 million tons, the company achieved a record refined sugar production of 44,283 tons. Operating profit increased by 11% to K366 million, although headline earnings per share decreased due to higher finance costs. The company continued its commitment to local communities, spending K56 million on social investments, including education, health, and sports development.
Company: Zambia Sugar PLC
Sector: Manufacturing
Country: Zambia
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 88
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Zambia Sugar PLC
Annual Report
The report highlights Zambia Sugar's performance and sustainability initiatives for the fiscal year 2015-2016. Despite challenges from El Nino, dry weather conditions, and power outages that reduced sugarcane production to 3.1 million tons, the company achieved a record refined sugar production of 44,283 tons. Operating profit increased by 11% to K366 million, although headline earnings per share decreased due to higher finance costs. The company continued its commitment to local communities, spending K56 million on social investments, including education, health, and sports development.
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Document Details
Report Year
2016
Reporting Period
Apr 1, 2015 - Mar 31, 2016
Fiscal Year
2016
Published
Jun 30, 2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees