Bonvests FY26 H1 net profit more than doubles to S$ 3.65 million; revenue rises 4.7% to S$ 111.4 million
Reuters2026/08/12 09:33- Bonvests posted 1H 2026 profit attributable to shareholders of S$3.65 million, more than doubled from a year earlier; EPS rose to 0.909 cents.
- Revenue climbed 4.7% to S$111.4 million, driven by gains across the rental, hotel, and industrial divisions.
- Profit before tax rose 84.5% to S$5.91 million on lower finance costs; interest expense fell 29.2% to S$5.23 million.
- Hotel revenue increased 4.7% to S$77.14 million; segment result rose 31.6% to S$17.23 million on higher occupancy and room rates.
- Outlook flagged challenging hotel conditions, citing higher energy and food costs; Medina of Tunis hotel construction remains on track for end-2028 completion.
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