Bund Center Investment Ltd posted a net profit attributable to shareholders of S$7.63 million for the year ended 31 Dec 2025, down 43.8 per cent year-on-year, as lower leasing income and foreign-exchange losses offset a modest recovery in hotel operations.

Earnings per share slipped to 1.01 Singapore cents from 1.79 cents a year earlier. The board has proposed a special final cash dividend of S$0.068 per share, on top of the interim S$0.036 already paid on 29 Sep 2025. Subject to approval at the 24 Apr 2026 AGM, the special dividend will be paid on 22 May 2026 to shareholders on record as at 5 p.m. on 8 May 2026. The total payout for FY2025 would rise to S$0.104 per share, compared with S$0.014 in FY2024.

Group revenue fell 3.4 per cent YoY to S$81.55 million. Hotel turnover inched up 0.9 per cent to S$48.83 million on higher occupancy and room rates, but property-leasing revenue dropped 9.1 per cent to S$32.72 million amid tenant-friendly market conditions.

Before tax, the hotel segment earned S$16.67 million, up from S$14.90 million, while property leasing contributed S$22.27 million, down from S$28.04 million. After depreciation, finance income/expenses and unallocated costs, group pre-tax profit fell 35.0 per cent to S$14.75 million.

Operating expenses rose 6.4 per cent to S$24.71 million, driven mainly by higher depreciation charges. Other operating items swung to a net expense of S$0.54 million from a net income of S$3.65 million, largely because of unrealised foreign-currency losses and lower one-off gains from early lease terminations.

Looking ahead, the company noted that Shanghai’s office market remains characterised by high vacancy and tenant-friendly rents, though signs of stabilisation emerged late in 2025. The hospitality sector continues to recover, supported by domestic and international travel, albeit amid intense competition. Management said it will focus on disciplined pricing, cost control and initiatives to enhance tenant and guest experience to protect occupancy and cash flow.