Singapore's Aspial Lifestyle half-year profit jumps 89%, driven by secured lending growth

Aspial Lifestyle

07/08/2026 12:56

Overview
Singapore jewelry retailer's half-year revenue grew 26% yr/yr
Net income for the period rose 89% yr/yr

Outlook
Group sees encouraging prospects for its secured lending business
Company expects additional capital and expansion of BigFundr platform to broaden recurring income base
Company remains optimistic about FY26 performance

Result Drivers
SECURED LENDING GROWTH: Revenue increased 76.1%, driven by strong growth in the real estate-backed lending activities
OPERATING EXPENSES - Co said higher operating expenses were mainly due to increased marketing, general and administrative costs
ASSOCIATE CONTRIBUTIONS - Co said higher profit contributions from associate's interior design consultancy and secured lending business supported results

Company press release: ID:nSN36TpRk

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$464.16 mln
 
H1 Net Income
 
S$55.03 mln
 
H1 Pretax Profit
 
S$71.46 mln
 

Reuters Recommended Reads
Aug 7 - India's Titan posts profit surge on strong jewellery demand
Aug 6 - Singapore's Intraco H1 revenue rises 39%
Aug 4 - Interparfums Q2 profit misses estimates as higher expenses weighed on margins

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)