Singapore Land's net profit in the second half of the year decreased by 11% to 161 million, plans to distribute a dividend of 4.5 cents | Lianhe Zaobao

Singapore Land Group's net profit for the second half of 2025 is expected to decrease by 11% year-on-year to HKD 161 million, mainly due to losses from the fair value of real estate and foreign exchange losses. The board of directors has proposed a final cash dividend of 4.5 cents per share, to be distributed on May 28, 2026, with an ex-dividend date of May 6. Revenue for the second half is expected to increase by 6% year-on-year to HKD 415 million, driven by the acquisition of the commercial building at 388 George Street, Sydney, and improved performance of assets in Singapore. Revenue from the hotel business has declined due to weak performance