Link: https://links.sgx.com/1.0.0/corporate-announcements/KFCYK8XEDCV4M3X0/e01436e56f3e5a1f066985eb46a0b3e4cd4553a08f519dcfe8246ffa17113bf6

Summary:

• Revenue rose 1.8% year-on-year to S$71.3 million, mostly from increased hotel room rates and a stronger property investment segment.

• Net profit attributable to owners increased 4.1% to S$15.8 million; earnings per share improved to 1.06 cents (from 1.01 cents).

• Group profit (including non-controlling interests) was S$19.7 million (+22% y/y).

• Gross margin growth due to higher room rates for hotels and rental income boosted by stronger GBP exchange rate.

• Fair value gain on investment property of S$5.6 million, primarily from the revaluation of the group’s London commercial property.

• Cash and bank balances: S$513.2 million at 30 September 2025 (up from S$507.8 million at March 2025).

• Net asset value per share: S$0.60 (up from S$0.59 at March 2025).

• No interim dividend declared. Final dividend of 0.5 cent per share had been paid after year-end.

• Property investment segment remains fully tenanted; group highlights robust leasing environment in London and ongoing hotel upgrade works in Australia.

• Outlook: Substantial cash reserves allow flexibility for future acquisitions or investment, but management remains cautious given uncertain global conditions and tight transaction yields.