Back 29 May 2025

KOP Limited Reports Decreased Revenue But Narrows Losses in FY2025

Link: https://links.sgx.com/1.0.0/corporate-announcements/QQLSQKRYCMH0X8DO/6fe10fc62f2ddccb857da53c26f9d58497d4186cfbc30e595c0ab0b8fddad0f0

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.