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OUE suffers S$279m loss amid revenue drop

OUE Limited has announced its financial results for the fiscal year ending 31 December 2025, reporting a revenue of S$617m alongside a loss attributable to shareholders amounting to S$279.1m. The results highlight a 4.6% decrease in revenue compared to the previous year, where the company recorded S$646.5m. The loss marks a slight improvement from the previous year’s loss of S$286.8m.

The company’s financial performance was impacted by several factors, including a decline in gross profit, which fell by 6.3% to S$334.1m. This was attributed to a decrease in revenue and an increase in marketing and administrative expenses. Additionally, OUE’s share of results from equity-accounted investees showed a significant downturn, contributing to the overall loss.

Despite the challenging financial landscape, OUE’s total assets stood at S$8.3b, with investment properties valued at S$4.7b. The company also reported a reduction in borrowings, which decreased from S$3.1b to S$2.9b, reflecting efforts to manage financial liabilities.

The financial results underscore the difficulties faced by OUE in navigating the current economic environment. Looking ahead, the company remains focused on strategic initiatives to enhance operational efficiency and explore growth opportunities to improve its financial standing.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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