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Far East Orchard
Results
Far East Orchard posts 9MFY2024 earnings of $16.9 mil, up by more than 100% y-o-y
The group's revenue stood at $140.1 million in 9MFY2024, up 4.5% y-o-y.
21 days ago
kopi-C: the Company brew
Far East Orchard reaps success by focusing on hospitality and student housing
“We have a niche in the mid-market segment in this field."
September 12, 2024
Funds
Far East Orchard launches inaugural student accommodation fund with first close of GBP70 mil
The fund is set to invest in Purpose-Built Student Accommodation development opportunities within the UK.
August 22, 2024
Broker's Calls
SAC Capital highlights Far East Orchard’s ongoing asset-light expansion in an unrated report
The report comes on the back of Far East Orchard’s performance for the 1QFY2024 ended March 31 and moves so far.
July 23, 2024
Results
Far East Orchard reports higher earnings of $6.9 million for 1QFY2024
It aims to be asset-light and to explore additional opportunities with capital partners such as Woh Hup
May 07, 2024
Property
Far East Orchard acquires 49% stake in UK PBSA operator for GBP17.6 mil
Homes For Students is the UK’s largest independent PBSA operator with over 40,000 beds in 50 university towns and cities.
April 25, 2024
Property
Far East Orchard and Woh Hup buy land in Glasgow for $5.1 mil to expand UK PBSA portfolio
The site in Glasgow intended to be developed into a purpose-built student accommodation (PBSA) of 273 beds.
March 13, 2024
Results
Far East Orchard increases earnings by more than 100% y-o-y for FY2023 to $66 mil
The group says this was mainly due to fair value gains on its UK purpose-built student accommodation portfolio.
February 28, 2024
Results
Far East Orchard expects higher profit after tax for FY2023 in profit guidance
The higher profit after tax compared to FY2022 is mainly attributed to fair value gains on investment properties.
January 26, 2024
Results
Far East Orchard earnings up 18.8% for first three quarters of FY2023
The earnings increase came on the back of a 36.7% growth in revenue to $134.1 million for nine-month period.
November 08, 2023