FAR EAST CORP
Far East Consortium International Limited, an investment holding company, engages in the property development and investment, hotel operations and management, car park operations and facilities management, gaming operations and management, and treasury management businesses. It develops a portfolio of residential properties; invests in retail and office buildings; and operates hotels. The company also operates third party and self-owned car parks; and owns and operates casinos and gaming facilities. In addition, it provides loan financing, sales agency, mortgage, administration and management, vault, and hotel management and consultancy services, as well as engages in the securities and financial investment activities. As of March 31, 2021, the company owned and operated 31 hotels with approximately 8,100 rooms; and managed 423 car parks with approximately 114,821 car parking bays. It has operations in Australia, New Zealand, Hong Kong, Malaysia, the People's Republic of China, Singapore, the United Kingdom, and the rest of Europe. The company was incorporated in 1990 and is based in Central, Hong Kong.
Country/Area ：Hong Kong
Company Email ：hr@fecil.com.hk
Industry ：FinanceFinance GeneralGaming
Company address ：121 Des Voeux Rd, Central, South Carolina, 29630, United States
Company website ：*****
Company phone ：+852 28500600
Established ：1972
Company Revenue ：$758,349,000
Number of employees ：3500
SIC Code ：62621
NAICS Code ：52523
Company News
Far East Consortium International Ltd. Receives Approval To Spin-Off And List Palasino Holdings
Sep 30, 2023
The Hong Kong Stock Exchange granted an approval to Far East Consortium International Ltd. to spin-off and list its Czech gaming business, Palasino Holdings.
Sep 30, 2023Far East Consortium Names CEO for Upcoming Hotel REITFeb 17, 2020
Far East Consortium International has appointed Derek Cheung as chief executive officer FEC Hospitality REIT, a soon-to-be-listed hotel trust.
Feb 17, 2020FEC (35.HK) Garners Twelve Honours at the HKIRA 5th Investor Relations Awards 2019May 30, 2019
HONG KONG, May 30, 2019 /PRNewswire/ -- Far East Consortium International Limited ("FEC" or the "Group"; SEHK: 35) is delighted to announce that the Group won twelve top honours at the HKIRA 5th Investor Relations Awards organized by Hong Kong Investor Relations Association ("HKIRA"),...
May 30, 2019Care Park Appointed by Macquarie to Manage and Operate SKYCITY's Car Park in Auckland, New ZealandApr 8, 2019
HONG KONG, April 8, 2019 /PRNewswire/ -- Far East Consortium International Limited ("FEC" or the "Group"; SEHK: 35) is delighted to announce that Care Park was appointed by Macquarie Principal Finance Group ("Macquarie") to manage and operate SKYCITY's car park in Auckland, New Zealand,...
Apr 8, 2019Web Summary
Q1: What is the company name and its industry?
A1: The company name is Far East Consortium International Limited (FEC), and it operates in various industries including property development, hotel operations and management, car park operations and facilities management, and gaming operations.
Q2: Where are the company's main operational areas located?
A2: FEC has a global footprint with operational areas in Mainland China, Hong Kong, Malaysia, Singapore, Australia, New Zealand, the United Kingdom, and Continental Europe.
Q3: What is the approximate number of hotel rooms operated by the company?
A3: FEC operates approximately 4,524 hotel rooms across its various properties worldwide.
Q4: How many employees does the company have?
A4: The company has an approximate total of 117,000 employees globally.
Q5: What are some of the notable projects and developments undertaken by the company in recent years?
A5: Some of the notable projects and developments include Aspen at Consort Place, Hornsey Town Hall, New Cross Central, Victoria Riverside, MeadowSide, and West Side Place in Melbourne, Australia, as well as several other properties in the United Kingdom.
Q6: What is the company's revenue for the 1H FY2025 financial period?
A6: The company reported a revenue of HK$5,172 million for the 1H FY2025 financial period.
Q7: How does the company calculate its adjusted cash profit?
A7: The company calculates its adjusted cash profit by adjusting for certain items such as change in fair value of investment properties, change in fair value of financial assets at fair value through profit or loss, gain on disposal of debt instruments at FVTOCI, and depreciation and impairment to net profit attributable to shareholders.
Q8: What is the company's global footprint in terms of number of countries?
A8: FEC has a presence in 10 countries worldwide.
A1: The company name is Far East Consortium International Limited (FEC), and it operates in various industries including property development, hotel operations and management, car park operations and facilities management, and gaming operations.
Q2: Where are the company's main operational areas located?
A2: FEC has a global footprint with operational areas in Mainland China, Hong Kong, Malaysia, Singapore, Australia, New Zealand, the United Kingdom, and Continental Europe.
Q3: What is the approximate number of hotel rooms operated by the company?
A3: FEC operates approximately 4,524 hotel rooms across its various properties worldwide.
Q4: How many employees does the company have?
A4: The company has an approximate total of 117,000 employees globally.
Q5: What are some of the notable projects and developments undertaken by the company in recent years?
A5: Some of the notable projects and developments include Aspen at Consort Place, Hornsey Town Hall, New Cross Central, Victoria Riverside, MeadowSide, and West Side Place in Melbourne, Australia, as well as several other properties in the United Kingdom.
Q6: What is the company's revenue for the 1H FY2025 financial period?
A6: The company reported a revenue of HK$5,172 million for the 1H FY2025 financial period.
Q7: How does the company calculate its adjusted cash profit?
A7: The company calculates its adjusted cash profit by adjusting for certain items such as change in fair value of investment properties, change in fair value of financial assets at fair value through profit or loss, gain on disposal of debt instruments at FVTOCI, and depreciation and impairment to net profit attributable to shareholders.
Q8: What is the company's global footprint in terms of number of countries?
A8: FEC has a presence in 10 countries worldwide.
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