APAC Realty

Property

APAC Realty signs MOU with NexUS Global Realty to expand cross-border real estate transactions

The collaboration aims to “strengthen relationships between agents and investors while creating new opportunities for clients in both regions”.

Broker's Calls

Broker's digest: Lendlease Global Commercial REIT, HRnetGroup, Apac Realty

See what the analysts have to say this week.

Broker's Calls

CGSI keeps ‘add’ on APAC Realty at lowered TP of 45 cents due to missed EPS estimate

APAC Realty's EPS of 1.15 for the 1HFY2024 did not meet CGS International's Lock Mun Yee's estimate.

Broker's Calls

RHB lowers APAC Realty’s TP to 42 cents following weaker transaction volumes

For FY2024, the analyst has cut his net profit estimate by 28% to $9 million, representing a 24% decrease y-o-y.

Broker's Calls

Analysts lower TPs on APAC Realty following weaker FY2023 results

RHB Bank Singapore and DBS Group Research have lowered their target prices on APAC Realty following its weak FY2023 results.
APAC Realty's earnings drop 59.9% y-o-y for the FY2023, a continuous decline for two consecutive years - THE EDGE SINGAPORE

Results

APAC Realty's earnings drop 59.9% y-o-y for the FY2023, a continuous decline for two consecutive years

The group's decrease in revenue can be attributed to a decrease in property transactions completed during the 2HFY2023.
APAC Realty earnings down 68% y-o-y to $7.6 million for 9MFY2023 - THE EDGE SINGAPORE

Results

APAC Realty earnings down 68% y-o-y to $7.6 million for 9MFY2023

Compared to last year, transaction volumes for new homes, private resale and rental, and HDB rental have all declined.

Broker's Calls

CGS-CIMB lowers APAC Realty's TP to 57 cents following higher cost projections

APAC Realty’s overseas division would likely continue to show a small loss for the rest of FY2023.
×