APAC Realty’s profit more than doubles to $11.1m in H1

Singapore Business Review
2025.08.11 03:20
portai
I'm PortAI, I can summarize articles.

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%.