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
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