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Promotion And Development Limited (Mauritius)

Main Activities: Funds, Trusts, and Other Financial Vehicles | Management of Companies and Enterprises
Full name: Promotion And Development Limited Profile Updated: August 01, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

Promotion and Development Limited (PAD) is a company located in Port Louis. It was incorporated on August 23, 1984, and its shares started trading on the Official List of the Stock Exchange on January 17, 1996. PAD is associated with Fincorp Investment, a subsidiary of the MCB Group. It is closely involved with the Caudan Waterfront project as the manager of Caudan Development, in which it holds a majority stake. PAD has a significant portfolio of shares and properties, with major investments in companies such as Médine, Eudcos, MCB Group, and MFD Group. The company has a deliberate focus on properties.

Headquarters
8Th Floor, Dias Pier, Le Caudan Waterfront
Port Louis; Port Louis;

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Website: http://promotionanddevelopment.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1984
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Chief Executive Officer
Subsidiaries
Commercial Holding Limited
100%
Ferryhill Enterprises Ltd
100%
Caudan Development Limited
60.86%
Company Performance
Financial values in the chart are available after Promotion And Development Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency MUR. Absolute financial data is included in the purchased report.
Net sales revenue
7.42%
Total operating revenue
4%
Operating profit (EBIT)
-6.97%
Net Profit (Loss) for the Period
-27.39%
Total assets
5.54%
Total equity
8.39%
Operating Profit Margin (ROS)
-9.63%
Net Profit Margin
-19.15%
Return on Equity (ROE)
-0.32%
Debt to Equity Ratio
-3.15%
Quick Ratio
0.32%

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