---
title: "Coliwoo profit jumps 43.9% to $13.4m in H1FY2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286977352.md"
description: "Coliwoo Holdings reported a 43.9% increase in net profit to $13.4 million for H1FY2026, driven by a 16.6% rise in revenue to $26.9 million due to higher occupancy and new properties. The company declared an interim dividend of $0.001 per share and maintained a 97.0% occupancy rate. Coliwoo aims to expand its portfolio to 4,000 rooms by end-2026 and 10,000 by 2030, while launching seven hospitality assets for sale to strengthen its balance sheet."
datetime: "2026-05-19T23:40:28.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286977352.md)
  - [en](https://longbridge.com/en/news/286977352.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286977352.md)
---

# Coliwoo profit jumps 43.9% to $13.4m in H1FY2026

**Revenue rose 16.6% on higher occupancy and contributions from recently launched properties.**

Coliwoo Holdings’ net profit attributable to equity holders jumped 43.9% YoY to $13.4m in H1FY2026, supported by higher revenue and fair value gains.

After fair value changes and other adjustments, adjusted profit after tax and minority interests rose 13.9% to $8.6m.

Revenue increased 16.6% to $26.9m, driven by higher occupancies across existing properties and contributions from recently launched sites. Gross profit rose 14.9% to $19.1m, whilst gross profit margin eased to 71.2% from 72.2%.

The group declared an interim dividend of $0.001 per share.

Rental income grew 15.6%, supported by full-period contributions from Coliwoo Hotel Kampong Glam and Coliwoo Bukit Timah Fire Station, as well as initial contributions from Coliwoo Midtown, which opened in March 2026.

Management services revenue rose 44.1% to $2.3m, mainly due to a newly secured management contract with a third-party transport operator.

Coliwoo maintained an average occupancy rate of 97.0% in H1FY2026. Its portfolio expanded to 28 properties with 3,568 rooms as of 31 March 2026, including 1,021 rooms under renovation.

Coliwoo Midtown at 141 Middle Road added 212 rooms in the core central region. The company also acquired 1 King George’s Avenue for mixed-use co-living conversion and a hotel property at 2 Changi Business Park Avenue 1, which is expected to add 368 rooms when operational by 1QFY2027.

The group expects to reach about 4,000 rooms in Singapore by end-2026 and aims to grow its inventory to 10,000 rooms by 2030.

As part of its capital recycling strategy, Coliwoo launched seven stabilised freehold hospitality and living assets for sale in March 2026, with a combined indicative price of $218.5m.

Proceeds will be used to strengthen its balance sheet and fund higher-yielding opportunities, including master leases, management contracts, and selective acquisitions.

Coliwoo said Singapore’s residential rental market remains positive, supported by firmer private condominium rents, steady inflows of foreign professionals, students, and corporate tenants, and tourism and MICE demand.

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