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APAC Realty
Broker's Calls
RHB downgrades APAC Realty to 'neutral' on risk of policy intervention
RHB expects earnings to peak in FY2021; it also expects earnings to decline by 15% in FY2022.
August 19, 2021
Broker's Calls
After doubling revenue and earnings in 1H21, 'buy' APAC Realty on continued upswing: analysts
“Given the low interest rate environment and declining quantum of unsold inventory, buying interest should remain strong."
August 16, 2021
Results
APAC Realty doubles 1HFY2021 earnings, special dividend for shareholders and special bonus for staff
A total dividend of 6.5 cents will be paid
August 12, 2021
New appointments
Jack Chua steps down as CEO of APAC Realty, COO Marcus Chu to take over
Chua will remain as executive chairman of APAC Realty.
June 28, 2021
Broker's Calls
Broker's Digest: EC World REIT, Sunpower Group, Singtel, APAC Realty, Silverlake Axis
See the analysts' recommendations and target prices here.
May 21, 2021
Broker's Calls
'Buy' APAC Realty in this buoyant property market: analysts
APAC Realty’s total revenue for 1QFY2021 was up 70% y-o-y to $153.1 million, while net profit surged 114% to $7.5 million.
May 18, 2021
Results
APAC Realty reports 1QFY21 earnings of $7.5 million, up 114% y-o-y
For 2021, APAC Realty will help market 23 new projects with a total of 8,745 units. Out of which, ten projects have been launched.
May 12, 2021
Property
Agencies have the upper hand in the short term
Agencies with asset light balance sheets have the upper hand in the short term with cash generation
March 05, 2021
Company in the news
APAC Realty on the alert for shifting regulations; eyes bigger regional presence
APAC Realty, owner of property agency ERA, is on the alert for shifting regulations here as property sales soar.
March 05, 2021
Broker's Calls
ERA owner APAC Realty buoyed by pandemic-defying home sales: analysts
APAC Realty reported earnings of $16.3 million for the financial year ended Dec 31, 2020, up 17.8% over the preceding FY2019.
February 24, 2021