The Group's latest financial results show a significant shift in performance, moving from a pre-tax loss to a profit for the full year, attributed partly to lower administrative costs and higher margins on sold development property. While top-line revenue saw a decrease, gains from investment properties provided operational support. The Group maintains a cautiously optimistic stance, focusing on strategic project delivery within a climate of rising private residential property prices in Singapore and moderate growth expectations in Malaysia.
• Discover the shift from a full-year loss to a profit before taxation, boosted by better margins and reduced administrative expenses
• Uncover how investment properties expanded during the period, driven by fair value gains and the strategic transfer of properties
• Explore the cautiously optimistic strategy focusing on timely project delivery and selective future developments in anticipation of stable regional property market growth
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