GuocoLand's stock surged 5.95% during Tuesday's intraday trading session, driven by positive investor sentiment following the company's latest financial results and a significant new development announcement.
The real estate developer reported robust half-year results for the period ending December 31, 2025, with sales reaching S$791.94 million and net income of S$85.41 million. The company also showed higher earnings per share compared to the previous year, indicating improved profitability that has contributed to building share price momentum.
Adding to the positive news flow, GuocoLand unveiled River Modern, a luxury riverfront condominium development in Singapore's prime District 9. The 455-unit project, which is directly connected to the Great World MRT station and expected to achieve Green Mark Platinum certification, represents a significant addition to the company's development pipeline with sales preview scheduled to begin on February 20, 2026.