Far East Orchard’s Net Profit Soars to $66M in FY23, Fueled by UK Student Accommodation Gains

Far East Orchard Limited, a renowned name in the real estate sector, has reported a remarkable financial performance for the fiscal year 2023. The company’s net profit surged to $66.0 million, primarily driven by significant fair value gains on its investment properties, particularly in the UK’s Purpose-built Student Accommodation (PBSA) sector.

https://bnnbreaking.com/finance-nav/far-east-orchards-net-profit-soars-to-66m-in-fy23-fueled-by-uk-student-accommodation-gains