27 Followers HKEX:83 - Sino Land Co Ltd Sino Land Co Ltd
Sector: Real Estate, Industry: Real Estate Development
Next Earnings: 22 Aug 2022
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HKD 11.14    +0.12 (+1.09%)
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18 May 2022


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General

CEO: Mr. Chee Siong Ng

IPO: 1981-04-08

Headquarters: HK

Employees: 7,000

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Description

Sino Land is a property developer mainly engaged in residential development in Hong Kong. It also holds a portfolio of investment properties in the city, mostly commercial properties adjoining the housing projects it built in the past. Many of its residential projects were developed in joint ventures with government-related entities such as MTR and Urban Renewal Authority.Rental income and property development each account for 40% to 50% of the earnings, mainly derived from Hong Kong. Hotel and other segments account for the remaining 10% of earnings. The company is 55% owned by Tsim Sha Tsui Properties, an entity controlled by the estate of the late Mr. Ng Teng Fong, the company’s founder.

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