The report highlights Momentum Metropolitan's performance and outlook for the year ending June 30, 2021. The company's normalised headline earnings declined by 34% to R1 007 million, due to the impact of the Covid-19 pandemic. However, the company's investment returns increased by 80% to R934 million. The report also highlights the company's commitment to sustainability and its efforts to mitigate its environmental impact. The company has invested over R2.1 billion in renewable energy projects, which have reduced carbon emissions by over 2.9 million tonnes annually.
Issuing Company Momentum Metropolitan Holdings Limited
Report Type Integrated Report
Report Language EN
Report Filesize 15.54 MB
No. of Pages 163 pages
Reporting periodJuly 1, 2020-June 30, 2021
Report EditionUnknown
Assurance Provider Ernst & Young (EY)
Reporting Standards Framework; JSE Listings Requirements; South African Com...
Materiality Assessmenttrue