FMP | 2016 Interim unaudited Financial Results

August 18, 2016|

Chairman’s Statement

The Economy

The economy continues to weaken due to illiquidity, deflation and declining industry competitiveness…

Dividend

The Board has deemed it prudent not to declare an interim dividend due to the uncertainty in the operating environment…

Acknowledgement

On behalf of the Board, I wish to thank all shareholders for the invaluable support.

E.K Moyo
Chairman
18 August 2016


FMP.zw – 2016 Interim financial results.pdf

Latest news and corporate announcements from First Mutual Properties Limited (FMP.zw).

First Mutual Properties, formerly known as Pearl Properties Limited, is a subsidiary of First Mutual Holdings. It is a real estate company with vested interests in the development and management of commercial properties in the major towns of Zimbabwe. First Mutual Properties has a significant property portfolio, comprising some 117 250 square metres of lettable space made up of office parks, retail shops, commercial and industrial property. It owns and manages 41 buildings in the major economic hubs of Zimbabwe, including high-rise commercial buildings, industrial and warehouse properties and retail outlets. First Mutual Properties also has a residential trading stock of two- and three-bedroomed garden flats in Avondale, Harare. First Mutual Properties is listed on the Zimbabwe Stock Exchange

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