Sing Holdings’ FY2025 net profit rises over 14-fold on North Gaia sales
Revenue grew to $878.4m from $14.97m in the previous year.
Sing Holdings Limited reported a net profit of $142.3m for the year ended 31 December 2025 (FY2025), more than 14 times higher than $9.8m a year earlier.
The increase was attributed to the recognition of sales proceeds from the residential development project, North Gaia, according to a bourse filing.
Revenue rose to $878.4m in FY2025 from $14.97m in the previous year.
“Revenue increased due to the recognition of sales proceeds from North Gaia, partly offset by lower sales of completed industrial units and lower rental income from an investment property,” the group said.
Earnings per share increased to 35.49 cents from 2.44 cents previously. Net asset value per share rose to 114.78 cents as at 31 December 2025.
The board has proposed a final dividend of 1.0 cent per share and a special dividend of 4.0 cents per share for FY2025, subject to shareholder approval.