The firm’s chief executive officer(CEO), Odunayo Ojo, who made this known at a media interactive session in Lagos, reiterated their commitment to the development of affordable, contemporary homes to meet the housing needs of Nigerians.
He said, the firm, previously a subsidiary of UAC, had been repositioned and undergone a transition period, having been acquired by Custodian Investment Plc Group, a majority shareholder in 2020.
After the repositioning exercise, he said, the financial performance of the company increased by 614 per cent from N825, 404 in 2021 to N5,896,724 in 2022, adding that, It also recorded a N200.53m profit, a 111 per cent appreciation from the N1.87bn loss in the corresponding period in 2021.
