Link: https://links.sgx.com/1.0.0/corporate-announcements/4LZ4NHSSV1US8CF1/8968eccf6b98b656615a744842b9aeaaf1df4202778d80190724ea7884be3c57

Summary:

• Thakral Corporation Ltd reported a significant 26.6% year-on-year increase in overall revenue for the first quarter of 2025, reaching S$76 million.
• The growth was primarily propelled by the strong performance of the Lifestyle segment, which saw its revenue increase by 27.8% to S$74.0 million.
• Within the Lifestyle segment, notable contributions came from the beauty and fragrance business in Greater China and the drone businesses in South Asia.
• Share of profits from associates increased substantially by 80.7% year-on-year, driven by strong contributions from GemLife over-50s lifestyle resorts and commercial properties in Japan.
• Thakral is also actively expanding its presence and pursuing strategic initiatives in the Indian market.