Frasers Property full-year profit rises 17.8% to S$243 million on fair-value gains
Net fair-value change and reversal of tax provisions pushed Frasers Property’s full-year earnings up by 17.8 per cent, said the real estate company on Friday (Nov 14).
For the financial year ended Sep 30, the group’s net profit rose to S$243.1 million, from S$206.3 million in the previous year.
This was despite a 19.2 per cent fall in revenue to S$3.4 billion, from S$4.2 billion in 2024. The group said that its residential development pipeline provided earnings visibility, with unrecognised revenue of S$1.4 billion as at Sep 30.
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