Hi money,
If you look at Sing Holdings, the matter of the fact is that without the revenue contribution from their Australia hotel, their revenue for FY23 will be only around $1 million, from sales of units at BizTech Centre.
So, the revenue from their Australia hotel made up about 80% of their total revenue for FY23, with zero contribution from property development segment, as revenue for EC projects will only be recognized upon TOP. Is the revenue contribution from the hotel "miserable" as what you have stated for Sing Holdings?
I think I will stop here because this is a KSH topic, and not for other stocks. I leave it to other readers to decide.
If you look at Sing Holdings, the matter of the fact is that without the revenue contribution from their Australia hotel, their revenue for FY23 will be only around $1 million, from sales of units at BizTech Centre.
So, the revenue from their Australia hotel made up about 80% of their total revenue for FY23, with zero contribution from property development segment, as revenue for EC projects will only be recognized upon TOP. Is the revenue contribution from the hotel "miserable" as what you have stated for Sing Holdings?
I think I will stop here because this is a KSH topic, and not for other stocks. I leave it to other readers to decide.