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Hiap Hoe (5JK) investor relations material
Hiap Hoe H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
H1 2026 revenue was $65.3m, up 5.3% YoY; profit after tax rose to $17.2m from $5.4m.
Profit growth included a $9.3m fair value gain and a $5.3m foreign exchange gain, versus a $4.0m FX loss in H1 2025.
Financial highlights
Revenue increased to $65.254m from $61.980m; profit before tax was $21.401m versus $5.298m, and net income was $17.202m versus $5.419m.
Basic and diluted EPS were both 3.63 cents, compared with 1.14 cents in H1 2025.
Finance costs fell 22.6% to $11.573m; income tax was an expense of $4.199m versus a $0.121m credit.
Total assets were $1,721.6m at 30 June 2026, up from $1,582.5m at 31 December 2025; equity was $764.4m versus $747.3m.
Outlook and guidance
Priorities include improving rental yields and occupancy across the existing property portfolio to strengthen recurring income.
Banking facilities and liquidity are considered sufficient for debt obligations and operating needs; non-essential capex and new investments will be approached prudently.
- FY2024 delivered $5.559m attributable profit and a $398.318m investment portfolio.5JK
AGM 2025 presentation - Revenue rose 12% as hotel gains lifted earnings, amid cost and market risks.5JK
H2 2024 - Profit returned as rental and investment gains offset weaker hotel revenue and higher financing costs.5JK
H2 2023 - A hotel disposal gain lifted 1H profit as revenue fell and refinancing remained central.5JK
H1 2024 - Hotel growth and lower financing costs lifted earnings, but rising costs and market risks temper outlook.5JK
H2 2025 - Hotel-led revenue growth lifted net profit, but pretax profit fell against prior-year disposal gains.5JK
H1 2025 - Revenue rebounded, but hotel refurbishment and higher financing costs cloud the outlook.5JK
H1 2023
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