Singapore Land FY26 H1 PATMI rises 90% to S$ 211.75 million; revenue increases 2% to S$ 376.77 million
I'm LongbridgeAI, I can summarize articles.Singapore Land Group reported a 90% surge in H1 FY26 profit attributable to shareholders to S$211.75 million, driven by fair value gains on investment properties and higher contributions from residential projects. Revenue increased marginally by 2% to S$376.77 million. The group's gearing ratio rose to 8.9% due to loan drawdowns for the Novena Square stake and The Clifford redevelopment.
- Singapore Land Group posts 1H net profit of S$224.67 million, up 86%, as profit before income tax climbs 70% to S$248.76 million. * Revenue edges up 2% to S$376.77 million; profit attributable to shareholders rises 90% to S$211.75 million. * Fair value gains on investment properties jump to S$64.59 million, lifting total comprehensive income 166% to S$242.46 million. * Share of results of associates rises to S$48.08 million from higher contributions from residential projects, including Parktown Residence, Skye at Holland, Pinetree Hill. * Group gearing ratio (net of cash) increases to 8.9% from 4.7% on loan drawdowns for Novena Square stake and The Clifford redevelopment. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Singapore Land Group Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: OASO4QILVB1YKMRL) on August 11, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here