Medine is an asset land base company, whose strategy is to optimise its land resources and unlock its value through an integrated and sustainable development. This strategy is paying off as its saleable land value has increased significantly since the start of the implementation of the Master Plan in 2005. The property and asset investment decision will increase the indebtedness of the Group in the short term, but will also create assets that will sustain recurrent revenue in the medium and long term.
Key metrics
MUR 5.9bn
Market capitalisation
MUR 14.4bn
Total equity
MUR 6.4bn
Long-term liabilities
1, 097
Number of employees
10, 000 ha.
Land bank
3, 199
Number of shareholders
Historical financial statements and quarterly reports
Turnover
2016
2017
2018
2019
1.5
1.6
1.6
1.8
Earnings
2016
2017
2018
2019
629
62
(845)
269
Dividend yield
2016
2017
2018
2019
2.8
3.2
4.1
4.7
*All Prices, rates and performance are updated yearly except for key metrics which are updated quarterly.
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2018/19
-
2017/18
-
2016/17
-
2015/16
Quarterly reports
March 31, 2020
Medine Limited and its subsidiaries condensed unaudited financial statements for the period ended March 31, 2020
December 31, 2019
Medine Limited and its subsidiaries condensed unaudited financial statements for the half year ended December 31, 2019
September 30, 2019
Medine Limited and its subsidiaries condensed unaudited financial statements for the quarter ended September 30, 2020
Financial calendar
Dec. 20 | Publication of annual report 19/20
May 20 | Publication of nine month results
Feb. 20 | Publication of half-year results
Dec. 19 | Last annual meeting of shareholders
Sept. 20 | Publication of end-of-year results
Jun. 20 | Final dividend 2019/20 - declaration
Feb. 20 | Interim dividend 2019/20 – payment
Dec. 19 | Interim dividend 2019/20 - declaration
Nov. 19 | Publication of first-quarter results
