Sino Land Company Limited (0083) Stock Price & Chart | Trade Now

About Sino Land Company Limited

Sino Land Co Ltd is an investment holding company mainly engaged in the rental of properties. The Company operates its business through six segments. The Property Sales segment is involved in the sale of residential units, including residential units in Corinthia By The Sea in Tseung Kwan O, Dragons Range in Kau To, the Palazzo in Chengdu, among others. The Property Rental segment is engaged in the rental of retail portfolio, office portfolio, and industrial portfolio. The Property Management and Other Services segment mainly provides property management services for finest residences, commercial buildings, shopping malls and exquisite clubhouses. The Hotel Operations segment operates hotels, including The Fullerton Hotel Singapore, The Fullerton Bay Hotel Singapore, Conrad Hong Kong, The Westin Sydney and The Olympian Hong Kong. The Investments in Securities segment is engaged in securities investment business. The Financial segment provides finance services.

Financial summary

BRIEF: For the six months ended 31 December 2021, Sino Land Company Limited revenues increased from HK$4.1B to HK$10.89B. Net income increased from HK$1.29B to HK$4.23B. Revenues reflect Property sales segment increase from HK$1.95B to HK$8.69B, Hotel operations segment increase of 51% to HK$194.9M. Net income benefited from Property sales segment income increase from HK$781.6M to HK$4.12B.