Logo from Ho Bee Land

Ho Bee Land warns of wider losses for FY23

The company will release its FY23 results on or before 26 February.

SGX-listed Ho Bee Land Limited warned shareholders of a wider net loss for FY23.

In a bourse filing, the real estate company attributed the expected increase in net losses to “fair value loss based on indicative valuations of the group’s portfolio of investment properties in London.”

The company said the fair value loss of its London portfolio is non-cash in nature and arose mainly due to higher capitalisation rates.

Ho Bee Land will release its unaudited FY23 results on or before 26 February.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!