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Afine Investments Limited (South Africa)

Main Activities: Other Financial Vehicles
Full name: Afine Investments Limited Profile Updated: October 29, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2024 Available in: English Download a sample report

The Company is a property entity classified as a specialised REIT, managed by its Board, and holds a portfolio of income generating immovable properties focused primarily in the petroleum sector, strategically located in four of South Africa s nine provinces.
The objective is to grow Afine going forward with the acquisition of further petrol filling station properties that fit the investment strategy.
History:
2020: The Company was incorporated and domiciled in South Africa as a private company on 12 November 2020 under the name “Domanolor Proprietary Limited”.
2020: The Company was incorporated on 12 November 2020.
2021: commenced operations on 1 February 2021.
2021: The Company was changed its name to “Afine Investments Proprietary Limited” on 10 March 2021 and converted to a public company on 11 May 2021.
2021: The Company was listed on JSE on 9 December 2021.

Headquarters
Unit 4602, Greenways Strand
Cape Town; Western Cape; Postal Code: 7140

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Website: http://www.afineinvestments.com

Basic Information
Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
2020
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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Chief Executive Officer
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Chief Financial Officer
Ownership Details
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77.63%
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8.21%
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6.22%
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5.56%
Subsidiaries
Clifton Dunes Investments 10 (Pty) Ltd
100%
Clifton Dunes Investments 79 (Pty) Ltd
100%
Coral Lagoon Investments 163 (Pty) Ltd
100%
Company Performance
Financial values in the chart are available after Afine Investments Limited report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency ZAR. Absolute financial data is included in the purchased report.
Net sales revenue
3.43%
Total operating revenue
2.72%
Operating profit (EBIT)
-5.39%
EBITDA
2.5%
Net Profit (Loss) for the Period
176.62%
Total assets
11.26%
Total equity
15.22%
Operating Profit Margin (ROS)
-8.12%
Net Profit Margin
96.06%
Return on Equity (ROE)
13.62%
Debt to Equity Ratio
-4.76%
Quick Ratio
-0.06%
Cash Ratio
-0.05%

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