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29 May 2025
KOP Limited Reports Decreased Revenue But Narrows Losses in FY2025
Summary:
- KOP Limited and its subsidiaries released their unaudited condensed interim financial statements for the full financial year ended March 31, 2025.
- Group revenue decreased by 14% to S$69,676,000 in FY2025 from S$80,718,000 in FY2024.
- For the quarter ended March 31, 2025, the Group incurred a loss after tax of S$2,615,000, which is an improvement compared to a loss of S$4,819,000 for the same period in 2024.
- The Group's total assets decreased from S$122,586,000 in FY2024 to S$79,078,000 in FY2025.
- Total liabilities also saw a significant decrease from S$49,922,000 in FY2024 to S$10,980,000 in FY2025.
- KOP Limited's primary operations are located in Singapore, Indonesia, and the United Kingdom.
- The Group operates across several segments, including real estate development and investment, real estate origination and management services, and hospitality.