Far East Orchard 1H FY26 profit after tax drops 35.6% to S$11.6 million; revenue more than doubled to S$248.5 million

Reuters2026/08/06 23:48

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Far East Orchard posted 1H FY2026 revenue of S$ 248.5 million, more than doubled from a year earlier.
Profit after tax fell 35.6% to S$ 11.6 million, while operating profit edged up 1% to S$ 31.2 million.
Adjusted PATMI rose 7.7% to S$ 9.8 million, lifting adjusted EPS 8.1% to 2 cents.
Hospitality average occupancy ticked up 0.4 percentage points to 74.1%, while PBSA leasing occupancy slid 4 percentage points to 88%.
Gearing improved to 41.2% after S$ 52.2 million of debt repayments, lowering the effective weighted interest rate by 30 bps to 4.6%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Far East Orchard Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 3ID476JYOSADF4K4) on August 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Far East Orchard 1H FY26 profit after tax drops 35.6% to S$11.6 million; revenue more than doubled to S$248.5 million

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