PropNex Limited said on Aug, 3 2026 that revenue for the six months ended Jun, 30 2026 edged up 0.7 percent year on year to 603.0 million Singapore dollars, while profit for the period slipped 4.4 percent to 43.5 million Singapore dollars.
Gross profit decreased 3.5 percent to 63.9 million Singapore dollars, trimming the gross margin to 10.6 percent from 11.0 percent a year earlier. Earnings per share fell to 5.53 cents from 5.71 cents.
By business line, project marketing contributed 238.4 million Singapore dollars, private resale 125.4 million Singapore dollars, HDB resale 78.4 million Singapore dollars, rental 95.3 million Singapore dollars, landed resale 42.1 million Singapore dollars, and commercial & industrial 18.3 million Singapore dollars.
At Jun, 30 2026 total assets stood at 372.9 million Singapore dollars, up 11.8 percent from end-2025, while total equity increased to 127.5 million Singapore dollars. Cash and cash equivalents were 130.2 million Singapore dollars, compared with 149.1 million Singapore dollars at Dec, 31 2025.
The company generated 33.2 million Singapore dollars in operating cash flow, spent 16.3 million Singapore dollars on investing activities and returned 35.8 million Singapore dollars to shareholders and non-controlling interests through dividends during the period.
PropNex Limited declared an interim dividend of 5.00 cents per share, maintaining its stated policy of distributing 75 percent to 80 percent of profit attributable to owners.