Zambia Sugar PLC 2017 Annual Report with Sustainability Disclosures
The report highlights Zambia Sugar's financial and operational performance for the fiscal year ended March 31, 2017. Despite challenging economic conditions, poor rainfall, and power cuts, the company increased its operating profit by 25% to K410.5 million, driven by revenue growth of 23% to K2.48 billion. A major milestone was the commissioning of a new state-of-the-art sugar refinery at Nakambala, costing $80 million, which increased refined sugar capacity to 92,000 tons per annum. Additionally, the company transitioned its community investment strategy toward Creating Shared Value (CSV) and continued to support local outgrower schemes.
Company: Zambia Sugar PLC
Sector: Manufacturing
Country: Zambia
Year: 2017
Type: Annual Report with Sustainability Disclosures
Pages: 116
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Zambia Sugar PLC
Annual Report
The report highlights Zambia Sugar's financial and operational performance for the fiscal year ended March 31, 2017. Despite challenging economic conditions, poor rainfall, and power cuts, the company increased its operating profit by 25% to K410.5 million, driven by revenue growth of 23% to K2.48 billion. A major milestone was the commissioning of a new state-of-the-art sugar refinery at Nakambala, costing $80 million, which increased refined sugar capacity to 92,000 tons per annum. Additionally, the company transitioned its community investment strategy toward Creating Shared Value (CSV) and continued to support local outgrower schemes.
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Document Details
Report Year
2017
Reporting Period
Apr 1, 2016 - Mar 31, 2017
Fiscal Year
2017
Published
May 30, 2017
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees