UOL net profit rises 58% to $205.5m in H1 2025

The growth was due to strong performance from most business segments.

UOL Group Limited reported a 58% year-on-year (YoY) growth in net attributable profit (PATMI) to $205.5m in the first half of 2025.

In its bourse filing, UOL said the increase was due to strong performance from property development and property investments, and other gains from the disposal of Parkroyal Yangon.

UOL also reported a 45% YoY increase in attributable profit before fair value and other gains (Operating PATMI) to $206.6m for H1 2025.

The group’s revenue rose 22% YoY to $1.55b in the same period, primarily due to higher revenue across most business segments.

According to UOL, revenue from property development rose 40% to $731.7m on higher progressive revenue recognition from Pinetree Hill, Watten House, and Meyer Blue in Singapore.

This was partly offset by the absence of contributions from Clavon and The Watergardens at Canberra in Singapore, which obtained their temporary occupation permits in April and December 2024, respectively, as well as lower progressive revenue from AMO Residence in Singapore.