Due to the sale of Shanghai assets, OUE's losses in the second half of the 2025 fiscal year expanded by 65% to 314.7 million yuan | Lianhe Zaobao
I'm LongbridgeAI, I can summarize articles.
OUE Limited reported a net loss of SGD 314.7 million in the second half of fiscal year 2025, an increase of 65% compared to the same period last year. Revenue decreased by 2.3% to SGD 324.3 million, mainly due to reduced contributions from the real estate sector, particularly after the sale of Shanghai Lihua Plaza. The full-year net loss narrowed to SGD 279.1 million, with revenue declining by 4.6% to SGD 617 million. Despite the losses, the board proposed a year-end dividend of SGD 0.01 per share, totaling SGD 0.02 for the year
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zaobao The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments