IOI Properties Berhad Financial Analysis

Company Overview The IOI Groups post business atomic number 18 principally carried out by the Companys 69% owned listed spot arm, IOI Properties Berhad. The main stream of the piazza business is the development activities, which contributed to a greater extent than 90% of the overall property businesss operating profit. Besides, the Group is as well as involved in property investiture and most of the investment properties held by the Group are mainly in venerate of retail complexes and office buildings genuine as part of our townsfolk development. Over the divisions, the Group has build a reputation as a reliable and successful township developer with our mainstay universe the Puchong development corridor and southern Johor. The Groups property investment portfolio comprises mainly of retail and office space totaling approximately 1.6 wiz thousand billion sq ft of net lettable space (FY 2004 - 1.8 million sq ft), of which about 100,000 sq ft is located in Singapore . Property Market Analysis The overall property grocery store has become much more(prenominal) competitive and challenging as a result of some of the external factors such as rise in vernacular prices. Persistently high oil prices which have decelerated economic growth and affected prices of household items importantly over the last one year has rendered house buyers suitable more cautious to move over and hence affected the sentiments which were more buoyant a year ago.

Thats reflected in a lingering drop in go with revenues from year 2003 to 2005. Nevertheless, the improved availability with the opening of the Bandar Puteri interchange twin with ! increased commercial activities in Bandar Puteri has attracted not only the residential buyers but also of import interests in the commercial and unwrap houses. It contributed to the overall profitability IOI Properties Berhad and helped the company to offset impact from disappoint sales of residential units. Financial Analysis Gross earnings Margin- The ratio is often... If you want to get a full essay, holy place order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper