1. Hotel owning and management;
2. Property development;
3. Property investment;
4. Trading;
5. Others.
The company operates only in Australia, New Zealand and Singapore. The largest geographical revenue contributor is actually Australia, followed by New Zealand, then Singapore.
Stamford Land’s Hotel owning and management segment, as the name suggests, is engaged in the ownership and management of hotels. Some of the hotels under the company’s banner include Sir Stamford Circular Quay and Stamford Plaza Sydney Airport.
14 Feb 2017
Jan 2017
Earnings of $11.4 million for the third quarter ended Dec 31, up 2.6% from $11.1 million in 3Q16 on higher revenue.
Revenue grew 5.4% to $55.4 million from $52.5 million a year ago, driven largely by revenue contributions from its hotel owning and management, which grew 3.6% to $50.2 million from $48.4 million in the previous year due mainly to a stronger AUD which increased by 4.1% over the quarter.
The property investment segment also registered a 44.8% growth in revenue contributions from $3 million in 3Q16 to $4.4 million in the current quarter, attributable to higher rent set for FY17.
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