Financial Results for 2020/2021

Posted on Jun 30, 2021 in News

Ditikeni’s financial results for the 2021 financial year were in many respects significantly lower than in the 2020 financial year. Revenue was down 45.5% and total comprehensive income down 43.8%. The results were affected by three main factors: (i) FY2020 was an exceptionally good year which was hard to match let alone beat, particularly as to dividend income; (ii) we were required to impair the value of three key associates for a variety of reasons; and (iii) the Covid lockdown which had a dampening effect, especially in the area of business development. You can download the 2020/2021 annual report here, or read these extracts below.