RDC Properties Ltd 2020 IR
The report outlines RDC Properties Limited's performance for the fiscal year ended December 31, 2020, which was heavily impacted by the COVID-19 pandemic. Despite these challenges, the company's investment and property portfolio grew by 13.6% to P2.3 billion, driven by acquisitions in South Africa. However, rental revenue decreased by 13.7% to P131.6 million, and profit from operations fell by 22.5% to P82.7 million, primarily due to the pandemic's impact on the hospitality sector. Key highlights include the conversion of the Masa Square Hotel into the first Protea by Marriott Hotel in Botswana and the continuation of its geographic diversification strategy.
Company: RDC Properties Ltd
Sector: Real Estate
Country: Botswana
Year: 2020
Type: IR
Pages: 88
RDC Properties Ltd
Integrated Annual Report
The report outlines RDC Properties Limited's performance for the fiscal year ended December 31, 2020, which was heavily impacted by the COVID-19 pandemic. Despite these challenges, the company's investment and property portfolio grew by 13.6% to P2.3 billion, driven by acquisitions in South Africa. However, rental revenue decreased by 13.7% to P131.6 million, and profit from operations fell by 22.5% to P82.7 million, primarily due to the pandemic's impact on the hospitality sector. Key highlights include the conversion of the Masa Square Hotel into the first Protea by Marriott Hotel in Botswana and the continuation of its geographic diversification strategy.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
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
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees