Afimall increased revenue by 20%
22.05.2014 4236

Afimall increased revenue by 20%

The revenue of the Afimall City shopping and entertainment center in the first quarter of 2014 increased by 20% to $ 28 million. Net operating income increased 11% to $ 16,3 million, AFI Development said.

The company implements commercial and residential facilities, including offices, shopping centers, hotels, multifunctional and residential projects. 64,88 percent of the company is owned by Africa Israel Investment, the rest is in free float.

According to the results of the first quarter of 2014, the revenue of the Afimall City SEC grew by 20% to $ 28 million. Net operating income increased by 11% to $ 16,3 million, ...
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