---
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000769860.md"
description: "The company delivered a very strong FY2025, with revenue increasing to S$227.9 million and net profit rising to S$37.9 million, mainly due to revenue recognition from its industrial development project, Stellar@Tampines. It also proposed its maiden dividend of 3.05 cents per share.However,  developers often experience lumpy earnings. FY2025 benefited from project milestone recognition, so investors should not assume this level of earnings will repeat every year. Future performance depends on the timing of project completions and new launches."
datetime: "2026-07-01T03:21:11.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000769860.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000769860.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000769860.md)
author: "[只想暴富](https://longbridge.com/en/profiles/22423440.md)"
generator: "portal-rs"
---

# The company delivered a very strong FY2025, with r…


## Comments (1)

- **tehoicelimau · 2026-07-01T03:38:36.000Z**: Good call flagging the lumpy earnings. That maiden dividend looks nice but a big chunk of FY2025 was one-off recognition from Stellar@Tampines, so the real test is what the recurring base looks like once that milestone rolls off.


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