- UOL (SGX:U14)’s FY25 operating PATMI rose sharply by 49% y-o-y to S$ 469mil, above DBS/ consensus estimates by ~22%/29% respectively.
Robust performance underpinned by stronger property development recognition and recurring income from property investments.
- - Read this at SGinvestors.io -
- Property investment revenue also increased by 13% y-o-y to S$ 629mil, supported by higher recurring income from 388 George Street in Sydney, improved performance from Singapore Land Tower post-AEI, and new contributions from Odeon 333 which began operations in July 2024.
- Meanwhile, share of profits from associates and JVs swung meaningfully positive, reflecting profit recognition from Parktown Residence and Skye at Holland, as well as improved hotel performance post-AEI.
- - Read this at SGinvestors.io -
Our view:
- UOL's share price is expected to react positively given the operational performance beat and special dividend surprise, following a steep 6% correction today, which was likely to be some near-term profit taking in our view.
Operational momentum remains firmly intact.
- 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/.
Tabitha FOO DBS Group Research | https://www.dbs.com/insightsdirect/ 2026-02-27
Previous report by DBS:
2025-08-19 UOL Group - Delivering Big And Gearing Up For More.
Price targets by other brokers at UOL Target Prices.
Listing of research reports at UOL Analyst Reports.
Relevant links:
UOL Share Price History,
UOL Announcements,
UOL Dividend Payout Dates & Corporate Actions,
UOL News
