Trade Far East Orchard - O10sg CFD

Trading Conditions

• Type: CFD
• Spread: 0.0124
• 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: 20.00%
• Stock exchange: Singapore
• Commission on trade: 0%
• Guaranteed stop premium: 1%

Key Stats

• Prev. Close: N/A
• Open: 1.1788
• 1-Year Change: 15.93%
• Day's Range: 1.1788 - 1.1888

About Far East Orchard Ltd

Far East Orchard Limited is a real estate company. The Company operates through its segments, which include Hospitality and Property. The Company's Hospitality segment includes management services, operations and property ownership. Its Property segment includes student accommodation, development and investment activities. The Company has developed residential, commercial, hospitality and Purpose-Built Student Accommodation (PBSA) properties in Australia, Malaysia, Singapore and the United Kingdom (UK). It owns approximately 10 hospitality assets and manages over 100 properties with approximately 16,500 rooms in Australia, Austria, Denmark, Germany, Hungary, Japan, Malaysia, New Zealand and Singapore.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Far East Orchard Ltd revenues decreased 5% to SP$106.8M. Net income increased from SP$1.5M to SP$28.1M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income reflects Impairment of Goodwill decrease from SP$8.8M (expense) to SP$0K, Revaluation losses on property plant decrease of 98% to SP$51K (expense).