- APAC Realty's share price has been on a tear year-to-date, rising 129% on the back of a strong pick-up in primary residential sales, which resulted in a more than doubling of 1H net profit.
- - Read this at SGinvestors.io -
1H PATMI surged +176% y-o-y
- APAC Realty's 1H25 PATMI surged to S$11.3m (+176% y-o-y), driven by new home sales revenue recognitions that more than doubled from last year on the back of strong residential sales in 1H, as well as earnings recognition from a surge in new home sales in 4Q24.
- - Read this at SGinvestors.io -
- We expect 2025 primary residential sales volumes (including executive condominiums) to be at 9,000-10,000 units (+30-40% y-o-y), while resale market volumes (private and public) are expected to remain relatively stable y-o-y. year-to-date, ERA’s agent count has risen ~3% to 8,894 agents, with a ~24% market share.
Proposed 1-for-5 bonus issue to reward shareholders.
- Read more at SGinvestors.io.
