On the 1st of November, Bingo Industries Limited held its first Annual General Meeting (AGM) since the official public listing. Amongst the considerations were the re-election of existing Director, appointment of an Auditor, adoption of a Remuneration Report and release of the Annual Report.
As stated in the Chairman’s Address:
Bingo exceeded its Prospectus forecasts up to 30 June 2017 in revenue, earnings before interest, depreciation and amortisation… and Net Profit after Tax… achieving year-on-year revenue growth of 47% to $210 million… This positive momentum has continued into the 2018 Fiscal Year (or FY18).
Providing end-to-end waste management and recycling solutions, Bingo has delivered upward results since its listing. The success of these results as noted in the lead up to the AGM is a testament to the Company’s extraordinary effort. In a journey through a vertically integrated recycling and waste management structure, Bingo anticipates a full-force 2018, with further expansion and integration in the works.