RDC Properties Profits Bounce Back

Monday, August 20, 2018

RDC properties have recorded P35.6 million in profit, 26% higher than P23.3 million that was recorded in the prior year, according to their half-year financial results for the year ended in 30 June 2018.

Speaking during the results presentations this week, RDC Properties executive chairperson, Guido Giachetti attributed the good performance to the Botswana portfolio, which contributed the largest share.

“The good results are underpinned by Botswana portfolio with Chobe Marina Lodge contributing most. Botswana contributed about 79% followed by South Africa with 16% and USA with five percent,” he said.

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