{"id":57179,"date":"2023-10-18T06:29:00","date_gmt":"2023-10-18T06:29:00","guid":{"rendered":"https:\/\/www.africa-press.net\/ghana\/?p=57179"},"modified":"2023-10-18T06:04:05","modified_gmt":"2023-10-18T06:04:05","slug":"tdc-reports-17-16-percent-increase-in-2022-revenue","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue","title":{"rendered":"TDC reports 17.16 percent increase in 2022 revenue"},"content":{"rendered":"

Africa-Press – Ghana. <\/strong><\/span>Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.16 percent increase in its revenue in 2022.<\/b><\/p>\n

Mr. Brako, revealing this at the company\u2019s third annual general meeting (AGM), stated that a total revenue of GHs 136.6 million was recorded in 2022 as against the GHs 116.59 million documented in 2021.<\/p>\n

He said TDC also recorded a 19.60 percent increase in its profit before tax, as a total of GHs 49.85 million of it was seen in 2022 compared to GHS 41.68 million in 2021.<\/p>\n

He said even though the company\u2019s financial performance was remarkable, it was funding a few on-going projects through its internally generated fund and therefore needed to plough back most of the profit to enable it to complete the projects and maintain a strong capital adequacy for the company.<\/p>\n

In that light, the Board therefore declared a GHs2.4 million dividend payment for its shareholders.<\/p>\n

Ms. Alice Abena Ofori-Atta, the Managing Director of TDC, highlighted in a report some projects the company was engaging in, stating that in the year under review, they continued with the construction of phase two of the construction of a gated community at Tema Community 22 in collaboration with the National Home Ownership Fund under the Ministry of Finance.<\/p>\n

Ms. Ofori-Atta said other projects were the community 26 affordable housing project at Kpone, the Community one site 3 infilling project, and the urban re-development agenda\u2014Kaiser flats demolition.<\/p>\n

She said the company would continuously adapt and monitor its corporate strategies under the thematic areas of organisational transformation, strategic partnering, and operational excellence.<\/p>\n

She stated that they believed it was key to continuously remain relevant by anticipating and understanding the ever-evolving real estate business and meeting their stakeholders\u2019 expectations.<\/p>\n

Mr. Abdulai Abanga, the Deputy Minister for Works and Housing, expressed the government\u2019s appreciation for the role the TDC had played in the past and was still playing in providing quality community developments towards the socio-economic growth of the country.<\/p>\n

Mr. Abanga said this has provided TDC with significant potential to expand its operations beyond its current boundaries, allowing it to have a nationwide impact.<\/p>\n

He encouraged the company to re-evaluate its business practices and embrace contemporary methods for engaging a broader audience within Ghana.<\/p>\n

Mr. Joseph Cudjoe, the Minister for Public Enterprises, said TDC\u2019s achievements were a testament to the effect of the government\u2019s restructuring of state-owned enterprises to ensure that the issues of indebtedness and inefficiencies, among others that characterise such companies and institutions, were done away with.<\/p>\n

Mr. Cudjoe expressed happiness that, despite the competitiveness in the housing industry of Ghana, TDC, even though engaging in affordable housing in line with the government\u2019s agenda, was still making a profit.<\/p>\n

He said with this this, TDC created jobs for people within the value chain, while adding to government\u2019s revenue through the payment of taxes adding that being compliant with its financial report, corporate governance and the demands of the sector ministry all helped to achieve such successes.<\/p>\n

For More News And Analysis About Ghana<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Ghana. Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.16 percent increase in its revenue in 2022. Mr. Brako, revealing this at the company\u2019s third annual general meeting (AGM), stated that a total revenue of GHs 136.6 million was recorded in 2022 as […]<\/p>\n","protected":false},"author":84,"featured_media":57178,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[5092,5096,429],"class_list":["post-57179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-ghana","tag-ghana"],"yoast_head":"\nTDC reports 17.16 percent increase in 2022 revenue - Ghana<\/title>\n<meta name=\"description\" content=\"Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.1 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TDC reports 17.16 percent increase in 2022 revenue\" \/>\n<meta property=\"og:description\" content=\"Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.1 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue\" \/>\n<meta property=\"og:site_name\" content=\"Ghana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T06:29:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"TDC reports 17.16 percent increase in 2022 revenue\",\"datePublished\":\"2023-10-18T06:29:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue\"},\"wordCount\":515,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Ghana\",\"ghana\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue\",\"name\":\"TDC reports 17.16 percent increase in 2022 revenue - Ghana\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg\",\"datePublished\":\"2023-10-18T06:29:00+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.1 ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg\",\"width\":1280,\"height\":720,\"caption\":\"TDC reports 17.16 percent increase in 2022 revenue\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/ghana\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"TDC reports 17.16 percent increase in 2022 revenue\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#website\",\"url\":\"https:\/\/www.africa-press.net\/ghana\/\",\"name\":\"Ghana\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"TDC reports 17.16 percent increase in 2022 revenue - Ghana","description":"Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.1 ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue","og_locale":"en_US","og_type":"article","og_title":"TDC reports 17.16 percent increase in 2022 revenue","og_description":"Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.1 ...","og_url":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue","og_site_name":"Ghana","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-10-18T06:29:00+00:00","og_image":[{"width":1280,"height":720,"url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"TDC reports 17.16 percent increase in 2022 revenue","datePublished":"2023-10-18T06:29:00+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue"},"wordCount":515,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg","keywords":["Africa Press","Africa Press-Ghana","ghana"],"articleSection":["all news","Economy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue","url":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue","name":"TDC reports 17.16 percent increase in 2022 revenue - Ghana","isPartOf":{"@id":"https:\/\/www.africa-press.net\/ghana\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg","datePublished":"2023-10-18T06:29:00+00:00","author":{"@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Mr. Kofi Brako, the Board Chairman of TDC Development Company Limited, has disclosed that the company recorded a 17.1 ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#primaryimage","url":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg","contentUrl":"https:\/\/static.africa-press.net\/ghana\/sites\/18\/2023\/10\/sm_1697596341.798849.jpg","width":1280,"height":720,"caption":"TDC reports 17.16 percent increase in 2022 revenue"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/ghana\/all-news\/tdc-reports-17-16-percent-increase-in-2022-revenue#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/ghana\/"},{"@type":"ListItem","position":2,"name":"TDC reports 17.16 percent increase in 2022 revenue"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/ghana\/#website","url":"https:\/\/www.africa-press.net\/ghana\/","name":"Ghana","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/ghana\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/ghana\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/57179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/comments?post=57179"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/posts\/57179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media\/57178"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/media?parent=57179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/categories?post=57179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/ghana\/wp-json\/wp\/v2\/tags?post=57179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}