Assembly Place 1H FY26 net profit climbs 80.7% to S$2.2 million; revenue rises 33.9% to S$15.6 million
Reuters2026/08/06 22:56- The Assembly Place posted 1H2026 revenue of S$15.6 million, up 33.9%, as keys under operation and management rose to 3,520.
- Net profit climbed 80.7% to S$2.2 million; adjusted net profit more than doubled to S$2.6 million, excluding IPO expenses and share-based payments.
- Gross profit increased 22.7% to S$11.2 million, while cost of sales jumped 75.1% to S$4.4 million.
- Operating cash flow rose to S$7.7 million; cash and cash equivalents stood at S$11.5 million as of June 30, 2026.
- Declared an inaugural interim dividend of 0.1 SG cents per share; management cited a robust pipeline and an asset-light, scalable model.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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