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Q4 2023 Financial Results: Strong Growth Continues

Significant growth in property sales and customer satisfaction metrics

Inuka Properties reports strong financial performance for Q4 2023, with significant growth in property sales and customer satisfaction metrics. Our commitment to affordable housing continues to drive success and create value for our clients and stakeholders.

Key Performance Highlights

Our Q4 2023 results demonstrate continued growth and strong performance across all key metrics. The quarter saw record-breaking sales figures and exceptional customer satisfaction ratings, reinforcing our position as a leading real estate company in Kenya.

35% Sales Growth

Year-over-year increase in property sales volume

98% Customer Satisfaction

Exceptional client satisfaction ratings across all projects

150+ Properties Sold

Record number of properties sold in Q4 2023

95% Client Retention

High client retention rate and repeat business

Financial Performance Summary

The fourth quarter of 2023 marked another period of strong financial performance for Inuka Properties. Our revenue growth was driven by increased property sales, successful project completions, and expanding market presence across Kilifi County.

Revenue Growth

42% Increase

Quarter-over-quarter revenue growth compared to Q3 2023

Profit Margins

28% Net Margin

Healthy profit margins maintained through operational efficiency

Market Share

15% Market Share

Increased market share in Kilifi County real estate sector

Driving Factors for Success

Several key factors contributed to our strong Q4 2023 performance:

  • Successful completion and handover of major development projects
  • Expanded sales team and improved customer service processes
  • Strategic partnerships with leading financial institutions
  • Enhanced marketing and digital presence
  • Focus on affordable housing solutions for middle-income families
  • Strong reputation and word-of-mouth referrals from satisfied clients

Customer Satisfaction Excellence

Our commitment to customer satisfaction continues to yield exceptional results. With a 98% satisfaction rating, our clients consistently praise our professionalism, transparency, and commitment to delivering on promises.

Key areas where clients rated us highly include:

  • Transparent communication throughout the buying process
  • Quality of properties and development standards
  • After-sales support and customer service
  • Value for money and competitive pricing
  • Timely project delivery and handover processes

Looking Ahead to 2024

Building on our strong Q4 2023 performance, we are optimistic about continued growth in 2024. Our pipeline includes several exciting new projects and expansion plans that will further strengthen our market position.

We remain committed to our mission of making quality real estate accessible to more Kenyans while maintaining the highest standards of service and integrity that have made us a trusted partner in property investment.