Coliwoo Holdings Limited (W8W) reported a 62.6% rise in core profit after tax and minority interests to 22.9 million Singapore dollars for the fiscal year ended Sep, 30 2025.

Total revenue fell 10.4% to 46.7 million Singapore dollars, mainly due to a 77.2% drop in facilities-services income following the absence of one-off retrofitting work booked a year earlier. Gross profit rose 5.5% to 33.1 million Singapore dollars, lifting the margin to 71% from 60%.

The board recommended a final dividend of 2.0 Singapore cents per share, in line with the company’s pledge to pay out at least 40% of adjusted earnings for FY2025 and FY2026.

Average occupancy across the portfolio improved to 96.1% from 92.5% a year ago, supported by higher corporate bookings and the onboarding of new properties. As at Sep, 30 2025, the group managed 25 properties with 2,933 keys, including 714 keys under renovation.

Looking ahead, Coliwoo targets almost 4,000 rooms in Singapore by end-2026 through acquisitions, master leases and management contracts. Key projects include the 212-room Coliwoo Midtown on Middle Road (expected operational in 2Q FY2026) and the 382-room resort-style site at 159 Jalan Loyang Besar (3Q FY2026). On Nov, 20 2025 the group entered a 50:50 joint venture to acquire 1 King George’s Avenue for conversion into a mixed-use co-living and commercial asset.

Management said Singapore’s tight residential rental supply and recovering business-travel segment should continue to support demand for the co-living model.