Trade Stamford Land - H07sg CFD

Trading Conditions

• Type: CFD
• Spread: 0.0160
• Long position overnight funding adjustment: -0.01368%
• Short position overnight funding adjustment: -0.00824%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: SGD
• Min traded quantity: 1
• Margin: 5.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: N/A
• Open: 0.4645
• 1-Year Change: 24.3%
• Day's Range: 0.4595 - 0.4645

Stamford Land Company profile

About Stamford Land Corporation Ltd

Stamford Land Corporation Ltd is an investment holding company. The Company is engaged in the hotel and property development businesses. The Company operates through five segments: hotel owning and management, property development, property investment, trading, and others. Hotel owning and management segment is engaged in the ownership and management of hotels. Property development segment is engaged in development, construction and trading in properties. Property investment segment holds the properties for rental income and/or capital appreciation. Trading segment is an interior decoration companies and a travel agency. Others segment provides corporate services for the Company, treasury functions and investments in securities. The Company’s properties include hotel, investment properties and completed development. Its hotel portfolio includes seven hotels and property portfolio includes two investment properties and one completed development.

Financial summary

BRIEF: For the six months ended 30 September 2021, Stamford Land Corporation Ltd revenues increased from SP$40.1M to SP$83M. Net income increased from SP$1.5M to SP$16.3M. Revenues reflect Hotel Owning & Management segment increase from SP$21.2M to SP$67.6M, Trading segment increase from SP$4K to SP$11K. Net income benefited from Hotel Owning & Management segment income totaling SP$28.5M vs. loss of SP$936K.