GuocoLand Limited has announced a revenue of S$1.92b for the financial year ending 30 June 2025, marking a 5% increase from the previous year. This growth was primarily driven by the company’s robust performance in property development and investment, with Singapore being a key contributor. The group’s property development revenue rose by 3% to S$1.56b , whilst property investment revenue saw a significant 22% increase, reaching S$281m.
The company’s operating profit, however, declined by 7% to S$299m, attributed to allowances for foreseeable losses in China due to ongoing challenges in the real estate sector. Despite these headwinds, GuocoLand’s Singapore operations reported a 15% increase in operating profit, highlighting the resilience of its local market.
GuocoLand’s CEO, Cheng Hsing Yao, emphasised the strength of their dual focus on property development and investment in Singapore, stating, “Both our twin engines of Property Development and Property Investment in Singapore have contributed to our strong performance for FY2025, despite pervasive macroeconomic uncertainties.”
The group maintains a healthy balance sheet with total assets of S$12.38 billion and a debt-to-assets ratio of 0.44. In a move to return value to shareholders, the board has proposed a final dividend of 7 Singapore cents per share, pending approval at the upcoming annual general meeting.
Looking ahead, GuocoLand plans to continue its strategic focus on property development and investment, with several new projects in the pipeline, including a high-end waterfront development at River Valley Green and a mixed-use project at Tengah Garden Avenue.
“`
