Real Estate Development(IN30135.SG)

Company Encyclopedia

Real Estate Development

IN30135.SG

Shareholder

Ownership	%Owned	Share Chg	Report Date
No Data

News

First Sponsor FY2025 net loss looms as foreign currencies surge

First Sponsor Group Limited anticipates a net loss for 2H2025 and FY2025, primarily due to fair value losses on financial derivatives linked to the strengthening of foreign currencies against the Singapore dollar. Projected unrealized mark-to-market losses on derivatives are $58.6m for 2H2025 and $56.1m for FY2025, alongside net foreign exchange losses of $21.4m and $20m, respectively. Despite the losses, the group's financial position remains robust with a net gearing ratio of 0.56x and over $500m in cash and bank facilities as of December 31, 2025.

Singapore Business Review·3 Hours ago

Singapore Business Review·3 Hours ago

Affected by foreign exchange losses, First Sponsor Group expects a net loss of 56.1 million yuan for the entire year of 2025 | Lianhe Zaobao

First Sponsor Group expects to record a net loss of RMB 58.6 million and RMB 56.1 million in the second half of 2025 and for the full year, respectively, mainly due to the appreciation of foreign currencies against the Singapore dollar leading to fair value losses on financial derivatives and foreign exchange losses. The majority of the group's asset investments are overseas and not denominated in Singapore dollars. To hedge against foreign exchange risks, the group manages risks through a combination of foreign currency debt and financial derivatives. It is expected that the financial derivatives maturing during the relevant periods will record net foreign exchange losses of RMB 21.4 million and RMB 20 million, respectively

Zaobao·4 Hours ago

Stocks to Watch on Thursday | Lianhe Zaobao

Geopolitical risks affect market sentiment, and the three major stock indices on Wall Street have declined consecutively. The Dow Jones Industrial Average fell by 0.09%, the S&P 500 index dropped by 0.53%, and the Nasdaq index decreased by 1%. The FTSE Straits Times Index rose slightly by 5.38 points, closing at 4812.51 points. Samudera Shipping announced an increase in its holdings of Samudera Property Limited shares, issuing 39,990 additional shares at 100 dirhams each, totaling 3.99 million dirhams. First Sponsor Group issued a profit warning

Zaobao·6 Hours ago

Maybank Sticks to Its Buy Rating for Soon Hock Enterprise Holding Limited (SHE)

In a report released yesterday, from Maybank maintained a Buy rating on Soon Hock Enterprise Holding Limited, with a price target of S$0.75. The company’s shares closed yesterday at S$0.63.Claim 70% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential Currently, the analyst consensus on Soon Hock Enterprise Holding Limited is a Moderate Buy with an average price target of S$0.75.

Tip Ranks·Yesterday at 00:17

SHE

-2.34%

Tip Ranks·Yesterday at 00:17

SHE

-2.34%

First Sponsor Expects To Report A Net Loss For 2H2025 & FY2025

Jan 14 (Reuters) - First Sponsor Group Ltd (FSCA.SI) :* EXPECTS TO REPORT A NET LOSS FOR 2H2025 AND FY2025 Further company coverage: (FSCA.SI)

Reuters·Yesterday at 23:28

Reuters·Yesterday at 23:28

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