Frasers Property's net profit soars 147.6% YoY in H1 2025
Revenue also rose, increasing 2.7% YoY.
Frasers Property’s net profit ballooned to $142.2m in the first half of FY2025 (H1 2025), reflecting a 147.6% year-on-year increase.
Revenue rose in tandem, rising 2.7% YoY to $1.6b.
The company attributed the profit increase to higher contributions from its residential properties in Singapore, the absence of an impairment recorded in H1 2024, and a one-off reversal of tax provisions.
Excluding the one-off reversal of tax provisions, net profit would have fallen 13% YoY.