RDC Properties Ltd 2019 Integrated Report
The report highlights RDC Properties Limited's financial and operational performance for the fiscal year 2019, noting a 3% increase in its investment and property portfolio to P2.02 billion and a 15% increase in profit before tax to P162.1 million. The company expanded its regional diversification strategy across Botswana, South Africa, Mozambique, Madagascar, and the USA, while maintaining a low loan-to-value ratio of 20%. Key developments included the conversion of the Masa Square Hotel to a Protea by Marriott Hotel and progress on the Radisson Red project in Johannesburg. Additionally, the company continued its corporate social responsibility initiatives, such as donating a new reception block at Ngwapa Primary School and implementing sustainable property practices.
Company: RDC Properties Ltd
Sector: Real estate
Country: Botswana
Year: 2019
Type: Integrated Report
Pages: 73
RDC Properties Ltd
The report highlights RDC Properties Limited's financial and operational performance for the fiscal year 2019, noting a 3% increase in its investment and property portfolio to P2.02 billion and a 15% increase in profit before tax to P162.1 million. The company expanded its regional diversification strategy across Botswana, South Africa, Mozambique, Madagascar, and the USA, while maintaining a low loan-to-value ratio of 20%. Key developments included the conversion of the Masa Square Hotel to a Protea by Marriott Hotel and progress on the Radisson Red project in Johannesburg. Additionally, the company continued its corporate social responsibility initiatives, such as donating a new reception block at Ngwapa Primary School and implementing sustainable property practices.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Published
Apr 30, 2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available