PropNex - DBS Research 2025-08-14: Reaching For The Stars

• PropNex is a proxy to ride on robust Singapore residential market volumes. It delivered its strongest half-year performance, with net attributable profit doubling to S$42.3mil in 1H25 (+122.4% y-o-y).
• - Read this at SGinvestors.io -

Potential for a special dividend?

• A record PropNex's interim dividend of 5.0 cents per share (87.6% payout ratio) was declared.
• - Read this at SGinvestors.io -
• A repeat of the 2.5 cents per share special dividend in FY24 would imply a yield of more than ~6%.

Expect a stronger 2H25 on a y-o-y basis, albeit weaker than 1H25.

• Read more at SGinvestors.io.

Above is an excerpt from a report by DBS Group Research.
Clients of DBS may access the full PDF report @ https://www.dbs.com/insightsdirect/.

Previous report by DBS:
2025-02-26 PropNex - Hitting A Home Run.

Price targets by 3 other brokers at PropNex Target Prices.

Listing of research reports at PropNex Analyst Reports.

Relevant links:
PropNex Share Price History,
PropNex Announcements,
PropNex Dividend Payout Dates & Corporate Actions,
PropNex News