Home Capital Broker's Calls

Promising start to 2018 for APAC Realty

Samantha Chiew
Samantha Chiew2/26/2018 10:31 AM GMT+08  • 3 min read
Promising start to 2018 for APAC Realty
SINGAPORE (Feb 26): APAC Realty on Friday announced that its 4Q earnings were up by 59.7% to $7.9 million from $4.9 million, bringing FY17 earnings to $25.9 million, 63.1% higher than $15.9 million in FY16.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Feb 26): APAC Realty on Friday announced that its 4Q earnings were up by 59.7% to $7.9 million from $4.9 million, bringing FY17 earnings to $25.9 million, 63.1% higher than $15.9 million in FY16.

Revenue for the quarter was 62.5% higher at $129.7 million from $79.8 million last year, driven an increase in real estate brokerage fees and related services.

The group proposed a final dividend of 2 cents of FY17, which translates to an annualised dividend yield of 12% on the IPO price of 66 cents.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now