Fortress Income Fund Ltd operates within the Nonresidential building operators sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Fortress Income Fund Ltd with three other
companies in this sector in South Africa:
Vukile Property Fund Ltd
sales of 2.31 billion South African Rands [US$178.43 million]
of which 50%
Resilient Reit Ltd
(2.24 billion South African Rands [US$173.47 million]
of which 100%
was Retail), and
SA Corporate Real Estate Fund Managers Pty Ltd
(1.88 billion South African Rands [US$145.50 million]
of which 43%
Sales increased substantially in 2016:
During the year ended June of 2016, sales at
Fortress Income Fund Ltd were 2.28 billion South African Rands (US$176.01 million).
increase of 170.2%
versus 2015, when the company's sales were 842.49 million South African Rands.
Sales of Commercial / Office saw an increase
that was more than double the company's growth rate: sales were up
8,163.9% in 2016, from
3.89 million South African Rands to 321.55 million South African Rands.
Not all segments of Fortress Income Fund Ltd experienced an increase in sales in 2016:
sales of Industrial fell 2.1% to 95.44 million South African Rands.