Suntec Real Estate Investment Trust

SES T82U.SI

Suntec Real Estate Investment Trust Gross Profit for the year ending December 31, 2023: USD 222.76 M

Suntec Real Estate Investment Trust Gross Profit is USD 222.76 M for the year ending December 31, 2023, a -4.69% change year over year. Gross profit is the difference between revenue and the cost of revenue, representing the profit earned from core business operations.
  • Suntec Real Estate Investment Trust Gross Profit for the year ending December 31, 2022 was USD 233.72 M, a 25.99% change year over year.
  • Suntec Real Estate Investment Trust Gross Profit for the year ending December 31, 2021 was USD 185.51 M, a 21.23% change year over year.
  • Suntec Real Estate Investment Trust Gross Profit for the year ending December 31, 2020 was USD 153.02 M, a -12.35% change year over year.
  • Suntec Real Estate Investment Trust Gross Profit for the year ending December 31, 2019 was USD 174.58 M, a -0.76% change year over year.
Key data
Date Gross Profit Operating Income EBIT EBITDA
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SES: T82U.SI

Suntec Real Estate Investment Trust

CEO Mr. Kee Hiong Chong
IPO Date Nov. 5, 2007
Location Singapore
Headquarters 5 Temasek Boulevard
Employees 1,300
Sector Consumer Discretionary
Industries
Description

Listed on 9 December 2004, Suntec REIT holds properties in Suntec City, Singapore's largest integrated commercial development (including one of Singapore's largest shopping Mall), a 66.3% interest in Suntec Singapore Convention & Exhibition Centre, a one-third interest in One Raffles Quay, a one-third interest in Marina Bay Financial Centre Towers 1 and 2 and the Marina Bay Link Mall, and a 30.0% interest in 9 Penang Road. Suntec REIT holds a 100% interest in a commercial building located at 177 Pacific Highway, Sydney, a 100% interest in a commercial building located at 21 Harris Street, Pyrmont, Sydney, a 50.0% interest in Southgate Complex, Melbourne, a 50.0% interest in a commercial building located at Olderfleet 477 Collins Street, Melbourne and a 100% interest in a commercial building located at 55 Currie Street, Adelaide, Australia. Suntec REIT also holds a 50.0% interest in Nova Properties located in London, United Kingdom. Its aim is to invest in income-producing real estate which is primarily used for office and/or retail purposes. Suntec REIT is managed by an external manager, ARA Trust Management (Suntec) Limited.

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StockViz Staff

January 15, 2025

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