Singapore Land (SingLand) has reported revenue of $414.9 million for 2HFY2025 ended Dec 31, 2025, up 6% y-o-y. Correspondingly, gross profit rose 15% y-o-y in 2HFY2025.
2HFY2025 net profit attributable to equity holders (patmi) amounted to $160.9 million, 11% lower y-o-y.
For FY2025, SingLand recorded revenue of $783.1 million, up 7% y-o-y. Gross profit rose by 15% y-o-y.
FY2025 patmi of $272.3 million is 4% lower y-o-y.
SingLand’s board has declared a first and final dividend of 4.5 cents per ordinary share, unchanged y-o-y. The book closure date and data payable will be announced at a later date. SingLand’s annual general meeting will be held on April 30.
The net asset value per ordinary share rose from $5.87 at end-2024 to $6.01 at end-2025.
See also: Who stands to gain from SingLand’s Marina Square redevelopment?
As at end-2025, total current liabilities exceeded current assets mainly due to bank borrowings of $160.7 million repayable within the next 12 months.
SingLand’s gearing ratio (net of cash) is 4.7% as at end-2025, up from 2.1% at end-2024. As at Dec 31, 2025, the group says it has sufficient liquidity with unutilised credit facilities exceeding $1.9 billion in aggregate.
SingLand attributed the higher revenue to contributions from the newly acquired commercial building at 388 George Street, Sydney — completed in January 2025 — and improved performance across all the Singapore assets, particularly Singapore Land Tower, Marina Square and West Mall.
See also: Nanofilm revenue jumps 20% to $244.6 million for FY2025
SingLand announced in December 2025 that it plans to create “Singapore’s first hyper-mixed development” from the Marina Square complex by adding a residential tower, a serviced apartment block and a mixed-use tower.
The complex comprises shopping mall Marina Square and three hotels: Pan Pacific Singapore, Parkroyal Collection Marina Bay and Mandarin Oriental. The total site area stretches over some 92,197.3 sqm.
SingLand has promised more details within 1H2026.
Shares in SingLand closed 6 cents lower, or 1.57% down, at $3.75 on Feb 25. The stock is up some 18% year to date.
