OUE Company profile
About OUE Ltd
OUE Limited is a Singapore-based diversified real estate owner, developer, and operator. The Company's principal activities include hospitality services, property investment and investment holding. The Company's segments include Property investments (Singapore, United States of America, and the People's Republic of China (PRC)), which includes rental of investment properties owned by the Company and management of commercial investment trusts; Hospitality (Singapore and Others) includes operation of hotels and hotel management; Property development (Singapore and the PRC) includes sale of residential properties and other properties under development; Healthcare includes operation of investment holding, development of medical real estate, healthcare related assets and integrated mixed-use developments and provision of healthcare services and management of healthcare investments trusts and Consumer segment includes operation of food and beverage outlets.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, OUE Ltd revenues decreased 43% to SP$300.8M. Net income totaled SP$80.9M vs. loss of SP$343.4M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net Income reflects Share of results of associates and joint increase of 94% to SP$231.9M (income), Administrative expenses decrease of 18% to SP$63.7M (expense).
Equity composition
06/2010, 5-for-1 Stock split.
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