Home Afrika Ltd 2020 Integrated Report
The report outlines Home Afrika's financial and operational performance for the fiscal year 2020, highlighting a 15-fold growth in gross profit to Kshs. 52.4 million despite the challenges of the COVID-19 pandemic. Actual sales increased by 4% to Kshs. 672 million, and the group achieved a 62% reduction in loss before tax. Key project milestones included significant infrastructure progress at the Migaa Golf Estate, with 25 active home construction sites. The company also launched the Property Owners Investment Club and transitioned to digital stakeholder engagement and remote working models to ensure business continuity.
Company: Home Afrika Ltd
Sector: Real estate
Country: Kenya
Year: 2020
Type: Integrated Report
Pages: 156
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Home Afrika Ltd
Integrated Annual Report And Financial Statements
The report outlines Home Afrika's financial and operational performance for the fiscal year 2020, highlighting a 15-fold growth in gross profit to Kshs. 52.4 million despite the challenges of the COVID-19 pandemic. Actual sales increased by 4% to Kshs. 672 million, and the group achieved a 62% reduction in loss before tax. Key project milestones included significant infrastructure progress at the Migaa Golf Estate, with 25 active home construction sites. The company also launched the Property Owners Investment Club and transitioned to digital stakeholder engagement and remote working models to ensure business continuity.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees