PropNex 1H26 net attributable profit falls 3.1% to $40.9 million; revenue rises 0.7% to $603 million

Reuters2026/08/12 22:59

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PropNex posted 1H2026 net attributable profit of SGD 40.94 million, down 3.1% from a year earlier; revenue rose 0.7% to SGD 603.02 million.
Commission income from agency services climbed 6.9% to SGD 360.5 million, while project marketing services slipped 7.8% to SGD 238.4 million on fewer launches.
Interim dividend held at 5 cents a share, implying a 90.4% payout ratio; annualised dividend yield was 5.4%.
Market share by transaction volume increased 3.7 percentage points to 64.3% versus FY2025; salesforce expanded to 14,574 as of Aug. 3.
Management stayed cautiously optimistic for 2026, forecasting private home prices up 3%-4% with developers’ sales around 9,000 units.

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. PropNex Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: PKCUS4QWL9WZME6E) on August 12, 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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PropNex 1H26 net attributable profit falls 3.1% to $40.9 million; revenue rises 0.7% to $603 million

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