<div id="readability-page-1"><div>[SINGAPORE] Bukit Sembawang Estates’ net profit for the half-year ended September fell 25 per cent year on year to S$47.2 million, primarily due to a plunge of 61 per cent in revenue from its property development segment.The property group has business segments including development, investment holding and operating of serviced apartments. Its revenue plunged 60 per cent to S$130.2 million as a result of lower revenue in the development segment, based on its H1 FY2025/26 financial results published on Wednesday (Nov 5).The decline of the segment’s revenue was primarily due to the absence of revenue from two condominium projects, The Atelier and LIV@MB, as they were completed, said Bukit Sembawang.Meanwhile, the hospitality segment’s revenue fell 12 per cent to S$6.6 million, mainly due to lower average room rates and occupancy rates at the serviced apartments, Fraser Residence Orchard, Singapore.Earnings per share for the period stood at S$0.1821, lower than S$0.243 in the corresponding period last year.Net asset value per share was S$6.13 as at end-September, compared with S$6.15 as at end-March.No dividend was declared for the period.The property group said that it is preparing to launch a new residential landed development, Pollen Collection II, and will continue to focus on the sales of condominium project 8@BT and the balance units at Pollen Collection, while progressing with planning for residential landed development Luxus Hills Phase 10.Shares of Bukit Sembawang Estates closed 1 per cent or S$0.04 lower at S$4.16 on Wednesday, before the announcement.</div></div>

萬國公司

Bukit Sembawang Estates 報告稱，2025/26 財年上半年淨利潤下降 25%，降至 4720 萬新元，主要由於房地產開發收入下降 61%，總計 1.302 億新元。下降的原因是兩個公寓項目 The Atelier 和 LIV@MB 的完工。酒店業務也出現了 12% 的收入下降。每股收益降至 0.1821 新元，且未宣派股息。公司計劃推出新的住宅開發項目 Pollen Collection II，並專注於正在進行的項目。股價收於 4.16 新元，下跌 1%

萬國公司在完成兩個公寓開發項目後，上半年收益下降了 25%