Overview

How are the main groups performing?

Turnover difference

Group Chief Executive Officer

Philippe Espitalier-Noël

Rogers. Roger’s group saw a notable 43% increase in turnover this year, reaching Rs 10.7 billion (compared to Rs 7.5 billion in 2022). The Profit After Tax (PAT) for the year, excluding Other Gains and Losses, improved by the same rate, reaching Rs 2,498 million (compared to Rs 1,749 million in 2022). This improvement was primarily attributed to the strong performance of Rogers Hospitality & Travel. Most of the other segments also showed improved performance compared to the previous year, benefiting from additional profits due to the acquisition of the haulage business in Kenya, enhanced results from associates, and a fair value gain resulting from a change in the dedicated use of land at Agrϊa. The Group’s improved performance, from continuing operations and excluding other gains and losses, resulted in a significant 66% increase in Earnings Per Share (EPS) to Rs 6.20 (compared to Rs 3.74 in 2022). Furthermore, the revaluation of land and buildings as of June 30, 2023, contributed to a 20% increase in the Group’s Net Asset Value (NAV) per share, reaching Rs 52.33 (compared to Rs 43.43 in 2022).

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