Chuan Hup Holdings (C33) H2 2025 earnings summary

Executive summary

• FY2025 revenue rose 149.8% YoY to US$18.09m and net profit increased 302.4% to US$5.51m, including US$2.03m of mark-to-market gains on investment securities.

• Net assets were US$228.75m and cash and cash equivalents US$20.62m at 30 June 2025; strategy remains focused on property investments, development and recurring income.

Financial highlights

• Revenue was US$18.094m versus US$7.242m; Paulownia sales recognition contributed US$11.830m, with development-property sales recorded in Singapore.

• Profit before tax was US$6.427m versus US$2.356m; profit for the year was US$5.513m versus US$1.370m, and profit attributable to equity holders was US$6.103m versus US$1.969m.

• Share of associates’ and joint ventures’ results was US$5.065m versus US$5.090m; investment-securities fair-value gains were US$2.030m versus US$0.029m.

• Operating cash flow was US$6.354m, compared with US$15.591m used in FY2024; investing activities generated US$5.529m versus US$10.905m used.

Outlook and guidance

• Focus remains on long-term growth through strategic investments and partnerships, with disciplined construction-cost management and stringent review of future investments amid global uncertainty.

• Project pipeline includes Neoco under construction in Singapore; Exhale in Queensland remains under feasibility review following development approval in December 2022.

• Recommended FY2025 final tax-exempt dividend is 0.7 Singapore cent per share, with a stated total payout of SGD6.4m, subject to shareholder approval.