PropNex - Phillip Securities 2025-08-13: Record Revenue and Earnings

• 1H25 results were above expectations. PropNex's earnings growth was driven by a 183% y-o-y spike in project marketing or new homes revenue. The growth was in line with Singapore's new home sales (ex-EC) surging 201% for the six months ended March 25. PropNex’s market share in major launches averaged 51%.
• - Read this at SGinvestors.io -
• PropNex's interim dividend jumped 122% to 5 cents.

The Positive

Massive bounce in new home sales.

• - Read this at SGinvestors.io -
• Take-up rate for new launches, even in the core central region (CCR), has been strong. CCR launches with good amenities and schools have performed well.

Resale grabbed market share.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Previous report by Phillip:
2025-06-16 PropNex - More Launches In 2H25 To Sustain Growth.

Price targets by 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