Page 123 - CJ 2019 INTEGRATED REPORT
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1 1 2 1 1 Performance in 2019
How it contributes to the Group strategy
• In a a a a a a a a a a strategic realignment Cheribinny Ltd Ltd Ltd a a a a a a a a a a subsidiary of Batimex Ltd Ltd Ltd was sold to to to to to to Rogers Capital Finance Ltd Ltd Ltd in in in in in October 2019
together with an an an agreement for them to to to to to to to provide credit credit financing financing to to to to to to to Batimex customers After years of successfully providing consumer credit credit financing financing to to to to to to Mauritians a a a a a a a a a a a persisting unfavourable regulatory environment compelled the business to to to gradually cease its operations • As a a a a a a a a a a result Batimex was able to better focus on its core activities and and drive organic growth We We opened a a a a a a a a a a a a a fifth Metric showroom showroom in in in Goodlands adding to to to our our our four showrooms in in in in in Port Louis Flacq Curepipe and and Phoenix We We also undertook an an an an organisational restructuring to to to better focus our our our business resulting in in in in in an an an increase in in in in in revenue of over 3% year-on-year INTEGRATED REPORT 2019
OPERATIONAL EFFICIENCY
BUSINESS PORTFOLIO MANAGEMENT
FINANCIAL RISK MANAGEMENT
SUSTAINABILITY FOCUS
