First Mutual Properties Limited 2024 Interim Results For The First Quarter

First Mutual Properties Limited (FMP.zw) Q1 2024 Trading Update

By Published On: May 15, 2024TYPE: Interim ReportsYear: 2024Period: Q1Country: ZimbabweSector: Property

First Mutual Properties Limited (FMP.zw) listed on the Zimbabwe Stock Exchange under the Property sector has released its 2024 interim results for the first quarter.

For more information about First Mutual Properties Limited (FMP.zw) reports, abridged reports, interim earnings results and earnings presentations visit the First Mutual Properties Limited (FMP.zw) company page on AfricanFinancials.

Indicative Share Trading Liquidity

The total indicative share trading liquidity for First Mutual Properties Limited (FMP.zw) in the past 12 months, as of 2nd May 2024, is US$6.26M (ZiG27.38M). An average of US$521.78K (ZiG2.28M) per month.

First Mutual Properties Limited 2024 interim results for the first quarter

Company Profile

First Mutual Properties, formerly known as Pearl Properties Limited, is a subsidiary of First Mutual Holdings. It is a real estate company with vested interests in the development and management of commercial properties in the major towns of Zimbabwe. First Mutual Properties has a significant property portfolio, comprising some 117 250 square metres of lettable space made up of office parks, retail shops, commercial and industrial property. It owns and manages 41 buildings in the major economic hubs of Zimbabwe, including high-rise commercial buildings, industrial and warehouse properties and retail outlets. First Mutual Properties also has a residential trading stock of two- and three-bedroomed garden flats in Avondale, Harare. First Mutual Properties is listed on the Zimbabwe Stock Exchange