Balwin’s range of value-add products/services report strong growth and revenue – Property Wheel
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Balwin’s range of value-add products/services report strong growth and revenue – Property Wheel
Balwin Properties has posted its annual financial statements for the year ended 28th February 2025, reporting a 6% decrease in revenue to R2.2 billion with an 8% increase in profit to R234 million. The Group recognised 1 749 apartments (2024: 1 892) in revenue for the year. Revenue was supported by Balwin Annuity which experienced growth and increased revenue by 33% to R175.8 million (2024: R132.5 million), contributing 7.9% (2024: 5.6%) to tota…
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