Home Afrika Ltd 2024 Integrated Report
The report details Home Afrika Limited's return to profitability in 2024, recording a net profit of Kshs 133.5 million, reversing a prior-year loss of Kshs 27.8 million. Group revenue increased by 107% to Kshs 781.9 million, driven by successful sales strategies and improved project delivery timelines. The company successfully implemented its turnaround strategy, focusing on debt restructuring, business continuity, organizational restructuring, and internal controls. Key operational achievements included the renovation of the Migaa Golf Estate clubhouse and the progression of several affordable housing projects.
Company: Home Afrika Ltd
Sector: Real estate
Country: Kenya
Year: 2024
Type: Integrated Report
Pages: 187
Home Afrika Ltd
The report details Home Afrika Limited's return to profitability in 2024, recording a net profit of Kshs 133.5 million, reversing a prior-year loss of Kshs 27.8 million. Group revenue increased by 107% to Kshs 781.9 million, driven by successful sales strategies and improved project delivery timelines. The company successfully implemented its turnaround strategy, focusing on debt restructuring, business continuity, organizational restructuring, and internal controls. Key operational achievements included the renovation of the Migaa Golf Estate clubhouse and the progression of several affordable housing projects.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees