Far East Consortium International Limited

(FEC, HKSE: 35) is a leading regional conglomerate.

Specialising in property development, hotel operations and management, car park operations and facilities management and gaming operations in Mainland China, Hong Kong, Malaysia, Singapore, Australia, New Zealand, the United Kingdom and Continental Europe.

  • 4
    pillars of
    businesses
  • HK$65.2BN
    attributable GDV of
    residential projects
  • 10
    Countries
  • 8085
    Approx. hotel rooms
  • 4430
    Approx. employees
  • 124000
    Approx. car park bays

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FY2024 Financial Highlights

  • Revenue (HK$m)
    10204
  • Gross Profit (HK$m)
    2785
  • Net profit
    attributable to
    SHAREHOLDERS (HK$m)
    226
  • Adjusted cash
    profit(1) (HK$m)
    780

(1) Adjusted cash profit is calculated by adjusting for change in fair value of investment properties (after tax), change in fair value of financial assets at fair value through profit or loss, gain on disposal of debt instruments at FVTOCI, change in fair value of derivative financial instruments, impairment loss under ECL model recognised on trade debtors, impairment loss under ECL model recognised on debt instruments at FVTOCI and depreciation and impairment to net profit attributable to shareholders.

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