36 Followers HKEX:83 - Sino Land Co Ltd Sino Land
Sector: Real Estate, Industry: Real Estate Development
Next Earnings: 27 Aug 2024
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HKD 8.13    +0.13 (+1.63%)

28 Mar 2024


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General

Headquarters: HK

Description

Sino Land Co Ltd 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 account for the majority of the earnings, mainly derived from Hong Kong. Hotel and other segments account for the remaining of the 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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