TECOM Group PJSC 2024 AR2
The report outlines TECOM Group's financial and operational achievements for 2024, highlighting an 11% revenue increase to AED 2,402 million and a 14% net profit surge to AED 1,228 million. The Group executed its largest-ever expansion with AED 2.7 billion in strategic acquisitions and developments, including Grade A office buildings and industrial land. In sustainability, TECOM Group expanded its LEED-certified buildings to 43, representing 49% of its commercial portfolio, and increased its solar energy generation to 7.7% of total electricity consumption. Additionally, the Group maintained a strong focus on community well-being, investing AED 1.4 million in corporate social responsibility initiatives.
Company: TECOM Group PJSC
Sector: Real Estate
Country: United Arab Emirates
Year: 2024
Type: AR2
Pages: 115
TECOM Group PJSC
Annual Report
The report outlines TECOM Group's financial and operational achievements for 2024, highlighting an 11% revenue increase to AED 2,402 million and a 14% net profit surge to AED 1,228 million. The Group executed its largest-ever expansion with AED 2.7 billion in strategic acquisitions and developments, including Grade A office buildings and industrial land. In sustainability, TECOM Group expanded its LEED-certified buildings to 43, representing 49% of its commercial portfolio, and increased its solar energy generation to 7.7% of total electricity consumption. Additionally, the Group maintained a strong focus on community well-being, investing AED 1.4 million in corporate social responsibility initiatives.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Renewable Energy
Water Consumption
Women on Board
Workplace Fatalities
Employees