- AFI Development Plc (AFRB) has released its financial results for the nine months ended 30 September 2019.
- The company’s revenue, including proceeds from the sale of trading properties for 9M 2019 totalled US$254.4 million.
- The company reported a gross profit for the 9-month period of US$138.1 million, while the net profit for 9M 2019 amounted to US$77.1 million.
- Company’s total gross value of the portfolio of properties stood at US$1.25 billion, while its cash, cash equivalents and marketable securities as of 30 September 2019 stood at US$109.6 million.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.