Texaf SA 2019 AR2
The report highlights TEXAF's financial and operational performance for the fiscal year 2019, showcasing its real estate, digital, and quarrying activities in the Democratic Republic of Congo. The company achieved its best result before tax in its history, with real estate rental revenue increasing by 12% to EUR 19.5 million and the occupancy rate reaching 98.7%. TEXAF also launched the TEXAF DIGITAL CAMPUS in Kinshasa, marking its entry into the digital economy, and supported various corporate social responsibility initiatives, including street children rehabilitation, agricultural development, and pediatric surgery. Despite challenges from the COVID-19 pandemic, the group maintained a strong financial position with negative net debt and proposed a 19% increase in dividends.
Company: Texaf SA
Sector: Real Estate
Country: Belgium
Year: 2019
Type: AR2
Pages: 124
Texaf SA
Annual Report
The report highlights TEXAF's financial and operational performance for the fiscal year 2019, showcasing its real estate, digital, and quarrying activities in the Democratic Republic of Congo. The company achieved its best result before tax in its history, with real estate rental revenue increasing by 12% to EUR 19.5 million and the occupancy rate reaching 98.7%. TEXAF also launched the TEXAF DIGITAL CAMPUS in Kinshasa, marking its entry into the digital economy, and supported various corporate social responsibility initiatives, including street children rehabilitation, agricultural development, and pediatric surgery. Despite challenges from the COVID-19 pandemic, the group maintained a strong financial position with negative net debt and proposed a 19% increase in dividends.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
No data available