Link: https://links.sgx.com/1.0.0/corporate-announcements/62N110PY2TL1L6HJ/baf68bd20b1b1829faa5c8186f0d310eaa67f8008b7b4c1d469ec38780a87e85

Summary:

• Goodland Group Limited posted a profit before tax of S$1.6 million for FY2025, reversing a S$2.3 million loss in FY2024, despite revenue falling 43% to S$6.1 million from S$10.7 million

• The turnaround was driven by S$5.4 million in fair value gains from investment properties and higher gross profit margins of 22% compared to 7% in the prior year

• Investment properties grew 6.5% to S$104.7 million while development properties increased 8.3% to S$234.3 million, reflecting continued project development activity

• Bank borrowings rose S$15.4 million to S$106.3 million to fund ongoing property developments, while net asset value per share remained stable at 51.11 cents

• The company proposed a final dividend of S$0.0015 per share and maintains cautious optimism with focus on timely project delivery and cost management amid moderate Singapore and Malaysian property market growth