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Annual Reports

 

Koh Kah Sek

Far East Orchard remains committed to strategically building its lodging platform within the PBSA and hospitality sectors, with a clear focus on growing recurring income. As we strengthen and expand our lodging platform, we are guided by discipline and a clear strategy.

Koh Kah Sek

Chair, Non-Executive Director

Alan Tang

We remain steadfast in our pursuit of growth and I look forward to building our pillars of growth together, creating long-term value to our stakeholders and advancing our shared goals.

Alan Tang

Group Chief Executive Officer

Annual Report

Building our
Pillars of Growth 

The Group is delivering steady growth on the foundation of our lodging platform, helmed by our two core pillars—Hospitality and PBSA. We will continue to build on these growth pillars, focusing on strengthening our twin pillars with strategic acquisition and capability enhancement as well as to explore capital recycling opportunities to unlock value and strengthen our financial structure. Our investment initiatives remain aligned with our strategic priorities to ensure sustained progress.

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Building our <br />Pillars of Growth&nbsp;

Financial Result 2024

We are pleased to present our 2024 financial results, highlighting growth and resilient performance across key pillars of growth.

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Total Revenue

$191.9 million

*Increased 4.5% from S$183.6 million in FY2023

FY2024 Revenue by Segment (%)

Hospitality
$126.5 million    -0.3%
Student Accommodation
$53.8 million    +16.1%
Property Investment
$11.6 million    +12.0%
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