Goodland Group (5PC) H2 2025 earnings summary

Executive summary

• FY2025 returned to profit after tax of $1.375m from a $2.019m loss in FY2024, despite lower revenue; higher other operating income and lower administration expenses and finance costs supported the turnaround.

• Residential and commercial project pipelines remained healthy, while leasing continued to provide a steady income stream; the strategy emphasizes selective development, cost control and regional growth.

Financial highlights

• Revenue was $6.059m in FY2025 versus $10.650m in FY2024; gross profit rose to $1.320m from $0.699m, with gross margin improving to 21.8% from 6.6%.

• Profit before tax was $1.640m versus a $2.262m loss; profit after tax was $1.375m versus a $2.019m loss. Basic and diluted EPS were both 0.42 cents versus a loss of 0.57 cents.

• Other operating income increased to $6.022m from $4.140m, including a $5.430m net investment-property fair value gain; administration expenses fell to $2.889m from $4.012m and finance costs to $2.264m from $2.777m.

• Total assets were $361.900m, total equity $230.485m and total liabilities $131.415m at 30 Sep 2025; cash and cash equivalents were $5.191m versus $9.112m a year earlier.

Outlook and guidance

• For the next 12 months, market conditions are expected to be supported by resilient end-user demand and sustained construction activity, while cost pressures and tighter operating conditions are likely to persist; outlook remains cautiously optimistic.

• Priorities include disciplined cost management, timely project execution and selective development aligned with long-term market fundamentals and sustainable shareholder value.

• A final tax-exempt cash dividend of 0.15 Singapore cents per ordinary share was proposed, subject to shareholder approval at the 27 Jan 2026 AGM; payment is expected on or about 12 Mar 2026.