City Developments Limited operates within the Hotels and motels sector.
In addition to historical fundamental analyses, the complete report available to purchase compares City Developments Limited with three other
hotel and motel operators in Asia:
Genting Malaysia Berhad
sales of 10.41 billion Malaysian Ringgits [US$2.51 billion]
of which 98%
was Leisure and Hospitality),
Shangri-La Asia Limited
of HONG KONG
(19.05 billion Hong Kong Dollars [US$2.46 billion]
of which 85%
was Hotel properties), and
Shanghai Jin Jiang International Hotels Co Ltd
based in CHINA
(15.10 billion Chinese Renmimbi [US$2.27 billion]
of which 71%
was Economic Hotel Operation & Management).
During the year ended December of 2019, sales at
City Developments Limited were 3.43 billion Singapore Dollars (US$2.53 billion).
decrease of 18.8%
versus 2018, when the company's sales were 4.22 billion Singapore Dollars.
The sales level in 2019 was fairly close to the level five years ago: in 2014, City Developments Limited had sales
of 3.76 billion Singapore Dollars.
Contributing to the drop in overall sales was the 44.4% decline
in Property Development, from 2.05 billion Singapore Dollars to 1.14 billion Singapore Dollars.
However, these declines were partially offset by the increase in sales of
Hotel Operations (up 1.5% to 1.71 billion Singapore Dollars)
Investment Properties (up 22.3% to 438.14 million Singapore Dollars)
Others (up 6.6% to 148.84 million Singapore Dollars)