Sinarmas Land

Results

Sinarmas 2Q earnings fall 69% to $20 mil on lower sales from Indonesia

SINGAPORE (Nov 12): Sinarmas Land reported $20 million in 2Q18 earnings, down 69.4% lower from a year ago om lower revenue from its Indonesia division, higher finance cost and weakening of the Indonesian Rupiah.

Results

Sinarmas Land posts 26.3% decline in 1Q earnings to $28 mil on lower revenue

SINGAPORE (May 14): Sinarmas Land saw its earnings fall 26.3% to $28.0 million for the 1Q ended March, from $38.0 million a year ago.

Results

Sinarmas Land posts five-fold increase in 4Q earnings to $238.2 mil

SINGAPORE (Feb 26): Sinarmas Land saw its earnings surge five-fold to $238.2 million for the 4Q ended December, from $46.5 million a year ago.

Results

Sinarmas Land reports flat 3Q earnings of $17.6 mil on higher expenses

SINGAPORE (Nov 13): Sinarmas Land reported 3Q ended Sept earnings increased by 0.7% to $17.6 million compared to $17.4 million a year ago.

M&A

Hiap Hoe acquires Orchard Towers shops and offices for $162 mil

SINGAPORE (Nov 3): Hiap Hoe is acquiring 21 shops and 38 offices at Orchard Towers.

TES 800th Issue

10 stocks with the highest returns since The Edge Singapore first went to print

SINGAPORE (Oct 6): The 800th issue of The Edge Singapore this week features 10 companies with the highest returns since our first issue was published in March 2002.

Sinarmas Land acquires Central London freehold commercial property for $338 mil

SINGAPORE (July 3): Sinarmas Land has acquired 33 Horseferry Road, a prime commercial building in London, for £188.6 million ($337.6 million).

Results

Sinarmas Land 1Q earnings more than double to $37.2 mil

SINGAPORE (May 15): Sinarmas Land saw earnings in the first quarter ended March more than double to $37.2 million, compared to $15.7 million a year ago.

Results

Sinarmas Land swings back into the black with 4Q earnings of $46.5 mil

SINGAPORE (Feb 24): Sinarmas Land reported 4Q16 earnings of $46.5 million, reversing from its loss of $7.8 million a year ago.

Results

Sinarmas Land posts 63% fall in 3Q earnings to $17.4 mil on absence of one-off gain

SINGAPORE (Nov 15): Developer Sinarmas Land posted a 62.6% fall in 3Q16 earnings to $17.4 million from a year ago due to lower foreign exchange gain of $1.6 million and the absence of the one-off exceptional gain of $30.6 million.
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