---
title: "Shunfu Group's revenue and net profit for the fiscal year 2025 are expected to improve significantly | Lianhe Zaobao"
description: "Soon Hock Enterprise Limited expects significant improvements in revenue and net profit for the fiscal year 2025, mainly due to its industrial project Stellar@Tampines obtaining a temporary occupancy "
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/274499023.md"
published_at: "2026-02-02T10:12:17.000Z"
---

# Shunfu Group's revenue and net profit for the fiscal year 2025 are expected to improve significantly | Lianhe Zaobao

> Soon Hock Enterprise Limited expects significant improvements in revenue and net profit for the fiscal year 2025, mainly due to its industrial project Stellar@Tampines obtaining a temporary occupancy permit on December 11 last year. Qualified buyers have received the notice of handover, confirming sales revenue. The company is expected to announce its performance on February 23, with the stock price rising 2.40% to SGD 0.64 as of Monday

Local industrial real estate developer Soon Hock Enterprise Limited is expected to see significant improvements in revenue and net profit for the fiscal year 2025 by the end of last year.

Soon Hock released its earnings guidance on Monday (February 2) and revealed that the improvement in revenue and net profit is mainly attributed to its industrial development project Stellar@Tampines, which obtained a Temporary Occupation Permit (TOP) on December 11 of last year.

In addition, qualified buyers for units on the first to eighth floors of the Stellar@Tampines project have also received handover notices and gained control of their respective units, with the company confirming the corresponding sales revenue.

Soon Hock noted that there are no completed and comparable industrial development projects for the fiscal year 2024. The company expects to announce its performance around February 23.

#### Further Reading

Soon Hock's first day of listing on the Singapore Exchange, opening stock price at 0.63 SGD Soon Hock's IPO public offering shares were subscribed 16.9 times, listed on October 16

As of Monday's market close, Soon Hock's stock price rose by 2.40% to 0.64 SGD.

![read on app](https://imageproxy.pbkrs.com/https://dss0.zbstatic5.com/web2/_astro/read-on-app.Bhqm8G_V.svg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg) Continue reading on the early news app

Expand full text ![arrow down](https://imageproxy.pbkrs.com/https://dss0.zbstatic5.com/web2/_astro/arrow-down.BMzQTRgn.svg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg)

### Related Stocks

- [SHE.SG - Soon Hock](https://longbridge.com/en/quote/SHE.SG.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Salhia Real Estate Q4 Profit 2.3 Million Dinars | SALHIA REAL ESTATE CO KSCP :SALHIA REAL ESTATE Q4 NET PROFIT ATTRIBUTABLE 2.3 MILLION DINARSSALHIA REAL ESTATE Q4 TOTAL  | [Link](https://longbridge.com/en/news/276004176.md) |
| Grenevia Says Allianz Polska OFE Sells Entire 9.66% Stake In Company | Grenevia SA :ALLIANZ POLSKA OFE SELLS ENTIRE STAKE IN COMPANY, REPRESENTING 9.66% OF SHARE CAPITAL | [Link](https://longbridge.com/en/news/276148225.md) |
| Keystone Realtors Ltd Selected For Society Redevelopment Project | Keystone Realtors Ltd :KEYSTONE REALTORS LTD - SELECTED FOR SOCIETY REDEVELOPMENT PROJECTKEYSTONE REALTORS LTD - PROJECT | [Link](https://longbridge.com/en/news/276029123.md) |
| 09:57 ETCapital Living TV Series Spotlights Washington, DC Real Estate and Lifestyle on REAL Shows Network | REAL Shows Network has launched "Capital Living," a new TV series hosted by Jonathan Rundlett, focusing on Washington, D | [Link](https://longbridge.com/en/news/276139308.md) |
| Arima Real Estate Signs 15-year Lease With ICEX In Spain | Arima Real Estate SOCIMI SA :15-YEAR LEASE CONTRACT SIGNED WITH ICEX FOR NEW HEADQUARTERS Source text | [Link](https://longbridge.com/en/news/276110040.md) |

---

> **Disclaimer**: This article is for reference only and does not constitute any investment advice.