Wee Hur reported FY2025 revenue of SGD 295.4 million (+47.0%). Net profit attributable to equity holders rose to SGD 68.4 million (+27.0%), while adjusted net profit increased to SGD 105.5 million (+130.0%). Gross profit was SGD 135.7 million (+63.0%), with gross margin at 45.9% (up 4.6 points). Cash and bank balances were SGD 250.8 million (+146.0%). By segment for FY2025, Singapore property development revenue was SGD 82.9 million (+83.0%), workers’ dormitory revenue was SGD 92.7 million (+10.0%), construction revenue was SGD 75.9 million (+20.0%), and fund management revenue was SGD 41.8 million (up 654.0%). Operationally, Wee Hur achieved TOP for its Pioneer Lodge workers’ dormitory in 4Q FY2025, adding 10,500 beds and bringing total dormitory capacity to 26.2K beds; Tuas View dormitory occupancy was 95% and Pioneer Lodge incoming occupancy was 67% (based on committed lease). The group was awarded the Upper Thomson Road GLS site for a 596-unit residential development, entered a joint venture for Wycombe Abbey School Singapore (planned capacity 1,800 students), and invested in the redevelopment of DoubleTree by Hilton Singapore Robertson Quay (344 rooms; launch targeted in 4Q2026). Wee Hur also reported two new HDB construction contract wins worth SGD 439.4 million and a record construction order book of SGD 673 million, with YTD2026 order book stated at SGD 935 million. In capital updates, Wee Hur said SGD 205 million has been issued under its SGD 500 million medium-term note programme due 2030 (fixed rate 4.8%), and it completed a partial exit of Fund I with net proceeds of SGD 299.6 million and a performance fee of SGD 38.4 million.
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. Wee Hur Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: YAWB52MA4CPVR2UG) on March 03, 2026, and is solely responsible for the information contained therein.
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