Singapore's Chuan Hup Holdings yearly revenue dips on lower property sales

Chuan Hup Holdings

26/08/2026 10:59

Overview
Singapore property investment firm's full-year revenue declined slightly from prior yr
Pretax profit for the yr fell compared to previous yr

Outlook
Pangolins, a two-unit semi-detached housing project in Singapore, targets completion in FY2028

Result Drivers
PROPERTY SALES - FY2026 revenue included sales recognition of one Neoco unit of US$10.4 mln
AUSTRALIAN JOINT VENTURE COMPLETION - Co recorded a higher share of results from an Australian joint venture of US$4.7 mln following completion of a property development project
LOWER INVESTMENT GAINS – Profit was partly reduced by a US$2.5 mln decline in mark-to-market gains on investment securities

Company press release: ID:nSN2mR9rn

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
$17.6 mln
 
FY Pretax Profit
 
$5.62 mln
 

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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.)