Frasers Property's attributable profit for 1HFY2026 down 37.8% y-o-y

Frasers Property's attributable profit for its 1HFY2026 ended Maych 31 is down 37.8% y-o-y to $88.4 million, weighed down by an impairment of $38 .2 million made for an investment in Thailand. If a one-off tax provision reversal in 1HFY2025 was excluded, attributable profit would have increased 77% y-o-y.

In the same half year ended March 31, Frasers Property's PBIT was up 13.2% to $678.7 million, driven by residential projects in Singapore, Australia and China, industrial estate land sales in Thailand, non-core land sales in Australia.