OUE Limited said its audited results for the year ended 31 Dec 2025 showed a net loss of S$176.6 million, an improvement on the S$234.9 million loss reported in February’s unaudited filing. The smaller loss stemmed mainly from a reduced share of impairment charges booked by 29.07%-owned Gemdale Properties and Investment Corporation, following completion of Gemdale’s own audit.
Earnings per share worked out to a loss of 29.28 Singapore cents, versus the previously stated 37.01 cents. The company did not declare any dividend in the latest filing.
The share of results of equity-accounted investees was revised to a loss of S$171.7 million, down from the earlier S$230.0 million estimate, reflecting Gemdale’s lower-than-expected impairment of receivables from its associates and joint ventures. Consequently, equity attributable to owners of the company rose by S$59.3 million to S$2.95 billion.
Despite the reduced losses, OUE remained in the red as the weaker performance of its investees outweighed contributions from its core property and hospitality operations. The group will release its full FY2025 annual report, including audited segmental details and the independent auditor’s opinion, on SGXNet in due course.
The board advised shareholders to exercise caution when trading the company’s shares and to review the forthcoming annual report for further information on the group’s financial position and outlook.