[SINGAPORE] Property developer GuocoLand on Thursday (Jan 29) posted a net profit of S$85.4 million for the six months ended Dec 31, 2025, up 14 per cent from the S$74.6 milllion booked for the previous corresponding period.
This translated to earnings per share (EPS) of S$0.0708 for H1 FY2026, versus EPS of S$0.0588 in H1 FY2025.
GuocoLand attributed the bottom-line growth to its share of profits from associates and joint ventures, increased income from its property investment business, gains from the disposal of Thistle Johor Bahru hotel in Malaysia and lower finance costs.
The improved earnings came despite a 22 per cent year-on-year decrease in revenue to S$791.9 million for the half-year, from S$1 billion in H1 FY2025.
GuocoLand did not declare any dividend for H1 FY2026, unchanged from the year before.
Shares of GuocoLand rose 2.3 per cent or S$0.06 to S$2.68 on Thursday, before the news.
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