116 views
Photo by Pixabay via Pexels.

Bukit Sembawang net profit after tax slides 25% YoY in H1

It cited lower revenue from property and hospitality segments for $47m profit.

Bukit Sembawang Estates Limited’s net profit after tax slid 25% YoY to $47.151m for the half-year ended 30 September 2025, due to a lower revenue from its property development segment.

Bukit’s revenue plunged 60% to $130.2m as a result of lower revenue in its development business, based on its unaudited H1 FY2025/26 financial statement.

The decline was caused by the absence of revenue contributions from its The Atelier and LIV@MB projects that were completed May 2024 and March 2025, the firm said.

Revenue from the hospitality segment decreased by 12% YoY to $6.6m during the period, Bukit said, due to lower average room rates and occupancy rates at its serviced apartments, Fraser Residence Orchard.

Earnings per share for the period stood at $0.1821, lower than S$0.243 in the same period last year.
 

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.