GuocoLand (SGX:F17), a subsidiary of Guoco Group Limited, released its half-year results for the period ended 31 December 2025. Net profit attributable to equity holders rose by 14% year-on-year to S$85.4 million. Overall profit after tax reached S$98.6 million, marking a 13% increase, while total revenue declined 22% to S$791.9 million. The drop in revenue was mainly attributed to the timing of progressive revenue recognition in the Singapore residential developments, although higher rental contributions from investment properties helped mitigate the impact. Net finance costs fell 30% year-on-year, partly due to lower borrowings and interest costs.
According to the announcement, GuocoLand Singapore contributed approximately 70% of the Group’s revenue and continued to anchor performance with assets accounting for 75% of the Group’s total as of 31 December 2025. Meanwhile, GuocoLand China focused on monetizing its residential properties in Chongqing amid a subdued market, and GuocoLand Malaysia saw a 68% increase in revenue from higher property development sales. As at 31 December 2025, total assets stood at S$11.75 billion, and total equity rose to S$5.71 billion, supported by an additional S$120 million in perpetual securities issued in July 2025. The Group’s debt-to-assets ratio decreased to 0.41 from 0.44 at the end of the previous financial year, reflecting healthy cash generation and disciplined capital management.