Stamford Land Corporation beat the rest of the companies in terms of profit after tax growth. In FY2016, the company reported earnings of $22.4 million, which increased to $34.6 million and $56.4 million for FY2017 and FY2018 respectively, before dipping slightly to $47.7 million for FY2019. Overall, its CAGR was 28.6% over the evaluation period.
The company, led by executive chairman Ow Chow Kiat, has also been named the overall sector winner. Under Ow, the company has built up a portfolio of hospitality assets, mainly in Australia but also in UK and New Zealand. For example, it runs the Stamford Plaza Sydney Airport and Sir Stamford Circular Quay hotels in Sydney. It also owns commercial assets such as 8 Finsbury Circus in London.
