These contributed to an increase in cash generated from operations to $306 million for the year under review from $159.6 million last year.
SINGAPORE (Feb 26): Hotel Properties, which owns the Four Seasons and Hilton hotels in Singapore, reported a 68% rise in FY17 earnings to $179.5 million from $108.6 million a year ago on higher sales and share of results of associates and JVs.
Revenue rose 14.1% to $659.2 million mainly due to sale of completed condominium units from the Tomlinson Heights development as well as better performances by the group’s hotels and resorts.
