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Integrated Report 2022
View Annual Report
Chairman’s
message.
Dear Shareholders,
Born from the trading DNA of Rogers and Company Limited, Velogic evolved over the years from the freight forwarding arm of the Rogers Group in 1964…
Play Video Financial Performance
Year ended 30 June 2022
Revenue
Rs m
4,627
+25%
EBITDA
Rs m
490
+9%
PAT
Rs m
194
+28%
Dividend PS/
Yield
Rs
0.72
+64%
NAVPS
Rs
17.58
+3%
* Revenue includes only 11months activity for Velogic France following the disposal of 70% stake in May 22
* * PAT excludes profit arising on the 70% stake disposal of Velogic France
CEO’s
report.
Dear Shareholders,
It is with immense pleasure that we are presenting the first Integrated Annual Report of Velogic Holding Company Limited. The report focuses on the key events, the financial results and…
Operational Performance
Freight Forwarding
2021: 7,480
8,983
Total Air (Tons)
2021: 12,247
11,405
Total Sea (TEUs)
Port related and Transport Services
2021: 63,190
55,279
Container Transport
(Number of Trips)
2021: 1,638
722
Container Storage
(K TEU Days)
Packing
2021: 7,975
7,712
(Tons)
CFO’s
report.
Robust performance in a volatile market
Throughout the fiscal year under review, a volatile business environment dampened the global recovery. The Russia-Ukraine conflict fuelled energy prices and pushed inflation rates to unseen levels in decades, be it in major consumer-driven economies like the U.S or African and Asian developing countries. Such hindrances beyond our control added to existing challenging conditions for the logistics sector, including…
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