Zambia Sugar PLC 2019 AR2
The report highlights Zambia Sugar Plc's positive financial and operational performance for the fiscal year ended August 31, 2019, despite a challenging economic environment. The company recorded a 15% increase in sugarcane supply to 3.356 million tons and a rise in sugar production to 399,000 tons. Revenue increased by 25% to K2.96 billion, and operating profit grew by 56% to K606 million. Additionally, the company launched its 'Fit4Future' transformation program to optimize costs and simplify operations, while also achieving significant improvements in safety performance close to its Target Zero ambition.
Company: Zambia Sugar PLC
Sector: Consumer Staples
Country: Zambia
Year: 2019
Type: AR2
Pages: 105
Zambia Sugar PLC
Annual Report
The report highlights Zambia Sugar Plc's positive financial and operational performance for the fiscal year ended August 31, 2019, despite a challenging economic environment. The company recorded a 15% increase in sugarcane supply to 3.356 million tons and a rise in sugar production to 399,000 tons. Revenue increased by 25% to K2.96 billion, and operating profit grew by 56% to K606 million. Additionally, the company launched its 'Fit4Future' transformation program to optimize costs and simplify operations, while also achieving significant improvements in safety performance close to its Target Zero ambition.
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Document Details
Report Year
2019
Reporting Period
Sep 1, 2018 - Aug 31, 2019
Fiscal Year
2019
Published
Nov 28, 2019
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