Samoa Trust Estates Corporation

////Samoa Trust Estates Corporation
Samoa Trust Estates Corporation2023-05-22T13:19:04+13:00

Board of Directors

  • Muagututia Dr. Faletoi Suavi (Chairperson)
  • Lemalu Selesitina Pule’aga Meni-Reti

General Manager:
Patea Loli Malo Setefano

Purpose

The core functions of the Corporation are:

  1. To control, manage, and develop as trustee for and on behalf of the people of Samoa the following;
    • Assets of the Corporation vested in it; and
    • Any other assets that the Corporation may have acquired or may acquire, whether real or personal.
  2. To ensure efficient and prudent agricultural, industrial, commercial or other development of land, assets and other business enterprises.

Vision and Mission

  • Vision Statement: "To achieve excellence in the management and development of our estates for income generation and improvement of livelihoods."
  • Mission Statement: "Sustainable development of resources to improve income and the provision of quality service."

Financial Highlights

KPIs2013201420152016
Revenue (SAT m)0.260.400.39NOT SUBMITTED
Expenditure (SAT m)1.531.841.64NOT SUBMITTED
NPAT (SAT m)-1.27-1.44-1.25NOT SUBMITTED
ROE -3.02%-3.4%-3.03%NOT SUBMITTED
Current Ratio0.940.920.23NOT SUBMITTED
Cash flow (SAT m)-0.57-1.16-1.43NOT SUBMITTED

Website

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