Chuan Hup 1H FY26 profit jumps 2.4x to US$2.1m on higher investment gains and JV contributions
Summary:
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Chuan Hup Holdings’ 1H FY26 profit rose to US$2.1m from US$0.6m a year earlier, with profit attributable to shareholders up 159% to US$2.5m; earnings per share increased to 0.23 US cents from 0.11 US cents.
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Revenue grew 32% to US$3.6m, mainly driven by about US$0.8m of gains on disposal of investment securities, while total comprehensive income swung to a US$3.1m gain from a US$5.9m loss on the back of FX and FVOCI gains.
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Share of results from associates and joint ventures surged to US$4.2m from US$0.5m, largely due to a stronger contribution from an Australian property JV following project completion.
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The Group’s net asset value per share inched up to 24.94 US cents as at 31 December 2025 (30 June 2025: 24.80 US cents), even after paying US$4.8m in FY2025 dividends and spending US$5.8m on share buybacks; cash and cash equivalents climbed 57% to US$32.4m.
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Chuan Hup remains in a net cash, asset‑rich position with equity attributable to shareholders of US$219.1m and continues to deploy capital into property development and investment, while flagging an uncertain macro and geopolitical outlook and maintaining a prudent stance on new investments; no interim dividend was declared.