See also: Chuan Hup in JV with Siera Group to develop land site in Queensland
Overall, the group's earnings were thanks to changes in fair value of several assets. The fair value of investment properties came in at US$1.2 million, compared to a loss of US$3.6 million a year ago; fair value of investment securities were US$2.3 million compared to a loss of US$3.6 million last year; and fair value of derivative financial instruments were US$0.9 million, compared to a loss of US$1.2 million in the previous year.
In FY2021, the group also saw profit from it sshare of results of associations of US$2.2 million, compared to a loss of US$1.1 million in FY2020, due to contribution from Finbar Group and Keyland Ayala Properties.
As at end-June, cash and cash equivalents stood at US$90.1 million.
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The board has declared a final dividend of 1 cent, along with a special dividend of 1 cent.
Shares in Chuan Hup closed 4.6% higher at 23 cents on Aug 27.