We have a strong financial management in place. With prudent cost management, our group’s operating cost improved 8% from FY2019 to FY2020 despite the poor economy.
Swift implementation of our Business Continuity Plan and Pandemic Management Plan, minimising the pandemic’s disruption to our business and residents’ wellbeing.
With our global accommodation management experience, our management works closely with local government agencies to ensure our properties are compliant to the local regulations.
US portfolio turned profitable in FY2020 despite the global pandemic, recording a S$2.74mil profit for the year.
We place high importance in the financial returns and it is evident with our profit growth of 21.4% from S$37.7 million in FY2018 to S$45.8 million in FY2019.
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