Steamships Trading Company Ltd. (ASX - All Markets: SST)


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Business Description
Steamships Trading Company Limited operates in the hotels, manufacturing, information technology (IT) services, property, shipping and transport industry. The Company operates in four segments: Commercial, Hotels and Property, Logistics, and Finance and Investment. Commercial segment consists of the retail arm and is involved in the manufacture and distribution of food products and general IT retail sales. Hotels and Property segment consists of the hotels owned and operated and also its property leasing division. Logistics consists of shipping and land based freight transport divisions. Finance and Investment segment consists of the head office administration function and internal property development projects prior to the transfer to the Hotel and Property segment. Its holding company is John Swire & Sons Limited. On January 1, 2011, the Company acquired the remaining 75.5% interest in Kiunga Stevedoring Company Limited.