Sino Land Co Ltd 83.HK

Sino Land Company Limited is a business decisioning, data, and analytics company based in Hong Kong that operates around the world. Set up in 1841, it is an investment holding company that does business across property sub-sectors both commercial and residential.

Sino Land Company Limited is listed on the Hong Kong Stock Exchange (HKEX) under the ticker 0083.HK. Shares were seen to come close to 10 HKD at one point in October 2020 as markets digested the information from the company’s annual report. This showed that Sino Land Company Limited had gained an underlying net profit from operations of over 4.5bn HKD in 2020 and that shareholders were expected to receive over a fifth of this amount.

As of 2020, the firm is believed to have well over 20 million square feet of floor space on its land books. Some of this is located in mainland China, while other key areas include Sydney as well as the major financial hub of Singapore – and the firm’s home city of Hong Kong. Nearly 40% of this land is used for commercial purposes.

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