Wing Tai Holdings has reported earnings of $40.3 million for the 1HFY2026 ended Dec 31, 2025, 300% higher than its 1HFY2025 earnings of $10.1 million.
Earnings per share (EPS) stood at 5.28 cents on a diluted basis, up from 1.32 cents in the corresponding period the year before.
Revenue for the period more than doubled to $270.2 million from $112.7 million mainly due to higher contributions from the group’s development properties in Singapore. According to Wing Tai, the increase is mainly attributable to the progressive profits recognised from River Green and The LakeGarden Residences.
Operating profit, after factoring in other gains and expenses, surged by 564% y-o-y to $24.8 million, from $3.7 million in the corresponding period the year before, also due to the progressive profits recognised from the two developments.
Share of profits of associated and joint venture (JV) companies rose by 16% y-o-y to $38.5 million mainly due to higher contributions from Uniqlo in Singapore and Malaysia.
As at Dec 31, 2025, Wing Tai’s net asset value (NAV) stood at $3.91, compared to $3.73 as at June 30, 2025.
See also: Marco Polo Marine reports revenue of $32.8 mil for 1QFY2026
Looking ahead, the group expects buying sentiment for the private residential market space in Singapore to remain stable. It adds that it will continue to release more residential units for sale at the “appropriate time”.
Shares in Wing Tai closed 2 cents higher or 1.21% up at $1.67 on Feb 10.
