Promotion and Development Ltd Profile
Promotion and Development Ltd, together with its subsidiaries, engages in the share investment, property development, and supply and provision of services associated with such activities in Mauritius. The company generates its revenue from contracts with customers. Revenue from customers includes both sales of goods and sales of services made to customers.
Segments
The company operates through Property, Shares, and Security segments.
Property: This segment consists of rental income and income from other operating activities.
Shares: This segment consists of dividend income. The investment holding segment consists of investment in shares.
Security: This segment consists of security and property protection services and sales of equipment. The company engages in the provision of guarding services, installation and monitoring of alarm systems, cash in transit, armed sentry and rental of alarm systems. The company provides guarding services, monitoring of alarm systems, cash in transit, armed sentry and rental of alarm systems with revenue recognised at a point in time when control has transferred to the customer.
History
Promotion and Development Ltd was incorporated in 1984.
