Fortress REIT Ltd operates within the Nonresidential construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fortress REIT Ltd with three other
non-residential construction companies in Africa:
Residences Dar Saada SA
sales of 618.00 million Moroccan Dirhams [US$69.27 million]
(200.58 million Mauritian Rupees [US$4.91 million]
UACN Property Development Company Plc
based in NIGERIA
(1.66 billion Nigerian Naira [US$4.36 million]
During the year ended June of 2020, sales at
Fortress REIT Ltd were 3.62 billion South African Rands (US$251.72 million).
decrease of 0.3%
versus 2019, when the company's sales were 3.63 billion South African Rands.
Contributing to the drop in overall sales was the 84.3% decline
in Other, from 102.94 million South African Rands to 16.11 million South African Rands.
There were also decreases in sales in
Industrial (down 11.5% to 517.43 million South African Rands)
Commercial / Office (down 3.4% to 326.70 million South African Rands)
However, these declines were partially offset by the increase in sales of
Retail (up 7.5% to 1.34 billion South African Rands)
Logistics (up 5.2% to 1.20 billion South African Rands)
Corporate and Other (up 0.5% to 215.65 million South African Rands)