WELCOME TO
BISICHI PLC
Annual Report
In the wake of the challenges arising from the Covid-19 pandemic, I am pleased to report to shareholders that for the year ended 31 December 2021, your company made a profit before interest, tax, depreciation and amortisation (EBITDA) of £5.8million (2020: loss: £2.4 million) and an operating profit before depreciation, fair value adjustments and exchange movements (Adjusted EBITDA) of £5.0million (2020: loss: £1.1million). £4.3million in adjusted EBITDA is attributable to the second half of the year.
Latest Announcements
Result of General Meeting
10:14 am
June 17, 2022
Result of AGM
10:14 am
June 17, 2022
Trading Update
10:27 am
June 14, 2022
Report on Payments to Governments
1:10 pm
June 1, 2022
Notice of GM
8:35 am
May 20, 2022
Company Overview
Bisichi PLC is a fully listed company, and its principal activity is coal mining in South Africa. The group is a controlling shareholder in Black Wattle Colliery, a coal mining and coal washing operation situated in Mpumulanga, South Africa. The company’s strategy is to create and deliver long term sustainable value to all our stakeholders through our business model which can be broken down into three main areas: acquisition & investment, production & sustainability, and processing & marketing. In addition, we seek to balance the high risk of our mining operations with a dependable cash flow from our UK property investment operations and listed equity investment portfolios. The company primarily invests in retail property across the UK as well as residential property development.
Sir Michael Heller, Chairman. Andrew Heller, Managing Director.
