Hotel Grand Company profile
About Hotel Grand Central Limited
Hotel Grand Central Limited is a Singapore-based company, which owns, operates and manages hotels. The Company’s property is approximately 400 meters from Somerset mass rapid transit (MRT) and over 650 meters away from Dhoby Ghaut MRT stations. Its accommodations include deluxe and executive rooms. The Company's hotel has approximately 8 floors, over two floors comprising executive rooms and the remaining being deluxe rooms. The deluxe rooms offer deluxe hollywood twin, deluxe triple, deluxe twin and deluxe king. Its amenities include air conditioning, hot and cold-water dispenser, rooftop swimming pool, coffee and tea set, telephone, bath cosmetics, and twin bed, king bed or queen bed and single bed configurations. The executive rooms offer the executive king room or the executive standard twin room. Its amenities include air conditioning, hot and cold-water dispenser, rooftop swimming pool, coffee and tea set, telephone, bath cosmetics and two Single Beds or one King Bed.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Hotel Grand Central Limited revenues increased 34% to SP$124.6M. Net income decreased 70% to SP$11.2M. Revenues reflect Hotel operations increase of 43% to SP$107.2M. Net income was offset by FV Adjustments on Investment Property increase from SP$14.3M (income) to SP$1.5M (expense), Staff costs increase of 64% to SP$36.8M (expense).
Equity composition
05/2007, Scrip Issue, 1 new share for every 20 shares held.
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