Hongkong Land Holdings Limited, or HKL, is a major property investment, development and management group that owns and manages more than 850,000 square metres of prime luxury retail property in cities such as Singapore, Hong Kong, Jakarta and Beijing.Revenue climbed by 13.9% year on year to US$2.4 billion while underlying profit stayed flat at US$966 million.
HKL expects the profit contribution from its investment properties to remain stable in FY2022 but warned that its development properties will deliver lower profits due to the timing of sales completion in China.Yangzijiang Shipbuilding Holdings Ltd, or YZJ, is one of the largest shipbuilding companies in China.
Revenue for YZJ increased by 13% year on year to RMB 16.8 billion in FY2021 as the group delivered 27 vessels in the second half of 2021 compared to 17 vessels in the same period in 2020. YZJ has an order book of US$8.5 billion for 157 vessels as of 31 December 2021 that will be progressively delivered this year.Frasers Logistics & Commercial Trust, or FLCT, is a logistics and commercialThese properties are spread out across five markets — Australia, Germany, Singapore, the UK and the Netherlands.Revenue surged by 41.4% year on year to S$469.3 million while adjusted net property income rose by 37.5% year on year to S$355.2 million.