ICON Properties PLC 2022 Annual Report
The report highlights the financial and operational performance of ICON Properties PLC for the year ended December 31, 2022. Despite economic challenges in Malawi, including currency depreciation and high inflation, the company achieved a 92% increase in profit after tax to K16.7bn and grew its property portfolio value to K84bn. Key achievements include maintaining occupancy levels above 95% in the retail and office sectors and making an initial investment in the Oasis Hospitality Limited hotel project in Lilongwe. Additionally, the company embarked on community projects, such as constructing a police unit and contributing to a primary school classroom block.
Company: ICON Properties PLC
Sector: Real estate
Country: Malawi
Year: 2022
Type: Annual Report
Pages: 59
Back to company
ICON Properties PLC
Annual Report
The report highlights the financial and operational performance of ICON Properties PLC for the year ended December 31, 2022. Despite economic challenges in Malawi, including currency depreciation and high inflation, the company achieved a 92% increase in profit after tax to K16.7bn and grew its property portfolio value to K84bn. Key achievements include maintaining occupancy levels above 95% in the retail and office sectors and making an initial investment in the Oasis Hospitality Limited hotel project in Lilongwe. Additionally, the company embarked on community projects, such as constructing a police unit and contributing to a primary school classroom block.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees