GuocoLand FY26 profit attributable to equity holders drops 11% to S$95.2 million; revenue falls 25% to S$1.43 billion
Reuters2026/08/28 00:06- GuocoLand posted FY2026 revenue of S$1.43 billion, down 25% year on year.
- Operating profit dropped 58% to S$125 million; profit attributable to equity holders fell 11% to S$95.2 million.
- Basic earnings per share slid 13% to 7.36 cents; profit before tax decreased 36% to S$111.2 million.
- Property investment revenue rose 4% to S$292.5 million; the group booked fair value gains of S$82.2 million, up 40%.
- Proposed final dividend increased to 8 Singapore cents per share from 7; management cited near-full occupancies and strong launch sales.
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.
You may also like
Crude oil is "coming back", but refined oil is "not coming back"; the global refining gap is widening.
According to Goldman Sachs, global refined oil exports have declined by about 6 million barrels per day year-on-year, with the Gulf region and Russia contributing three-quarters of the decrease. Unlike crude oil, which can be rerouted, damaged refineries cannot be relocated, and the Gulf region's refined oil exports have only recovered to 40% of pre-war levels. Goldman Sachs expects global refinery utilization rates to recover only by the second half of 2027; based on this, it has more than doubled its forecast for diesel profit margins in 2027.
Data: Detected an outflow of 35.11 million USDT from a certain exchange
SK Hynix CEO: Memory chip shortage will persist until 2030