UPDC PLC 2024 AR2

The report highlights UPDC Plc's financial and sustainability performance for the fiscal year 2024. Financially, the company achieved a 278% surge in profit after tax to N836.9 million, with revenue more than doubling to N11.8 billion, driven by strong property sales and cost efficiencies. On the sustainability front, UPDC advanced its ESG initiatives, achieving 31% female representation in its workforce and completing the Hampshire Estate, which features solar streetlights, a water treatment facility, and a sewage treatment plant. The company also integrated eco-friendly solutions into its new Brompton City development, including solar energy and stormwater management systems.

Company: UPDC PLC

Sector: Real Estate

Country: Nigeria

Year: 2024

Type: AR2

Pages: 133

UPDC PLC 2024 Annual Report and Accounts

Annual Report And Accounts

The report highlights UPDC Plc's financial and sustainability performance for the fiscal year 2024. Financially, the company achieved a 278% surge in profit after tax to N836.9 million, with revenue more than doubling to N11.8 billion, driven by strong property sales and cost efficiencies. On the sustainability front, UPDC advanced its ESG initiatives, achieving 31% female representation in its workforce and completing the Hampshire Estate, which features solar streetlights, a water treatment facility, and a sewage treatment plant. The company also integrated eco-friendly solutions into its new Brompton City development, including solar energy and stormwater management systems.

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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

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Employees