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Fincorp Investment Limited (Mauritius)

Main Activities: Securities, Commodity Contracts, and Other Financial Investments and Related Activities | Funds, Trusts, and Other Financial Vehicles | Real Estate
Full name: Fincorp Investment Limited Profile Updated: March 12, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Fincorp Investment Limited is a funds management and property investment company, specializing in mortgage and property-backed investment products, and property development. The Company's product offerings include Fincorp Notes and Fincorp Enhanced Income Fund. In September 2006, the Company launched Fincorp Enhanced Income Fund, which invests in a portfolio of commercial loans secured by first and second mortgages over real property. In July 2005, Fincorp refocused its property division across three sectors: retirement, residential and retail. Fincorp has approximately 1500 residential lots in Victoria comprising Corrina Waters, The Ridge and Mernda Mayfield Farm. The Company has a resort in Mackay called Breezes, which has 33 freestanding homes.

Headquarters
9-15 Sir William Newton Street
Port Louis; Port Louis;

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Website: http://www.fincorp.mu

Basic Information
Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
1994
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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Outside Director
Ownership Details
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57.73%
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11.25%
Subsidiaries
Promotion And Development Limited
46.36%
MCB Leasing Limited
Company Performance
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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 interest income
-44.94%
Net fee and commission income
-24.56%
Operating profit (EBIT)
53.82%
Net Profit (Loss) for the Period
4.68%
Total assets
7.66%
Total equity
4.82%
Cost to Income Ratio
-24.97%

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