ICON Properties PLC 2024 Integrated Report
The report highlights ICON Properties Plc's financial and non-financial performance for the year ended December 31, 2024, marking its first-ever Integrated Annual Report. The company achieved a 27% increase in profit after tax to K24.4 billion, driven by property revaluation gains, rental growth, and improved occupancy levels. ICON advanced its digital transformation by installing a smart parking system at Chichiri Shopping Centre and digitizing its procurement platform. On the sustainability front, the company established a double materiality framework aligned with GRI Standards and invested MK51.8 million in corporate social responsibility initiatives, including constructing a classroom block at Mbayani Primary School.
Company: ICON Properties PLC
Sector: Real estate
Country: Malawi
Year: 2024
Type: Integrated Report
Pages: 100
ICON Properties PLC
The report highlights ICON Properties Plc's financial and non-financial performance for the year ended December 31, 2024, marking its first-ever Integrated Annual Report. The company achieved a 27% increase in profit after tax to K24.4 billion, driven by property revaluation gains, rental growth, and improved occupancy levels. ICON advanced its digital transformation by installing a smart parking system at Chichiri Shopping Centre and digitizing its procurement platform. On the sustainability front, the company established a double materiality framework aligned with GRI Standards and invested MK51.8 million in corporate social responsibility initiatives, including constructing a classroom block at Mbayani Primary School.
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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
Assurance
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available