APAC Realty’s profit more than doubles to $11.1m in H1
APAC Realty Limited reported a profit after tax of $11.1 million for H1 2025, a 202.3% increase from $3.7 million in H1 2024. Revenue rose 28.8% year-on-year to $341.5 million, driven by a significant increase in new home sales, which more than doubled to $131.2 million. The company sold 5,566 private residential units, up from 2,484 units last year. An interim dividend of 2.70 cents per share was proposed, three times higher than the previous year, with a payout ratio of 78.1%.
Revenue from new home sales more than doubled to $131.2m in the same period.
APAC Realty Limited has reported that its profit after tax reached $11.1m for the first half of 2025 (H1 2025), an increase of 202.3% compared to the $3.7m during the same period a year ago.
It also reported a revenue of $341.5m, an increase of 28.8% year on year (YoY).
The company said the figures represent a threefold YoY increase in profitability, driven primarily by robust activity in the new private residential segment during the period.
Revenue from new home sales more than doubled to $131.2m, compared to $57.9m in H1 2024.
According to the company, this was driven by a marked increase in transaction volumes, as developers sold 5,566 private residential units (including executive condominiums) compared to 2,484 units in the same period last year.
Results were also steady for resale and rental revenue, rising to $206.7m from $203.6m in H1 2024.
The group proposed an interim dividend of 2.70 cents per share, a payout three times higher YoY and representing a 78.1% payout ratio.
Payment of the interim dividend will be made on 5 September 2025.
