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$60.5BN
    attributable GDV of
    residential projects
  • 10
    Countries
  • 8220
    Approx. hotel rooms
  • 3500
    Approx. employees
  • 120000
    Approx. car park bays

Latest Properties

1H FY2023 Financial Highlights

  • Revenue (HK$m)
    3,026
  • Gross Profit (HK$m)
    1,072
  • Net profit
    attributable to
    SHAREHOLDERS (HK$m)
    571
  • Adjusted cash
    profit(1) (HK$m)
    897

(1) Adjusted cash profit represents the profit attributable to shareholders of the Company before (i) change in fair value of investment properties (after tax); (ii) change in fair value of financial assets at fair value through profit or loss; (iii) gain on disposal of debt instruments at FVTOCI; (iv) change in fair value of derivative financial instruments; (v) impairment loss under ECL model recognised on trade debtors; (vi) impairment loss under ECL model recognised on debt instruments at FVTOCI; and (vii) depreciation and impairment; and adjusted for minority interests. We do not believe the said items are reflective of our core cash profit from our operating performance during the periods presented.

Awards