Wing Tai’s H2 net profit soars 300% to $40.3m on River Green and LakeGarden sales
I'm LongbridgeAI, I can summarize articles.
Wing Tai Holdings reported a net profit of $40.3 million for H2 2025, a 300% increase from $10.1 million in the previous year. Revenue surged 140% to $270.2 million, driven by sales from River Green and The LakeGarden Residences. Earnings per share rose to 5.28 cents, with operating profit at $24.8 million. The group also gained $5 million from the disposal of Jiaxin (Suzhou) Property Development Co., Ltd. The net gearing ratio improved to 0.14, and net asset value per share increased to $3.91. No dividend was recommended for the period.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments