Wing Tai returns to profit in FY26, net profit S$ 23.8 million

Reuters2026/08/26 11:12

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Wing Tai posted FY2026 net profit of S$23.8 million, swinging from a net loss of S$61 million a year earlier.
Revenue more than doubled to S$617.4 million, driven by progressive sales recognition from River Green and The LakeGarden Residences.
Operating profit rose to S$50.5 million from S$7.4 million, while finance costs eased to S$42.2 million from S$44.3 million.
Share of associate and JV results returned to a S$16.2 million profit from a S$22.5 million loss, helped by higher Uniqlo contributions.
Declared a 3-cent final dividend with a 1-cent special dividend, taking total payout to 4 cents per share.

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. Wing Tai Holdings Ltd. published the original content used to generate this news brief on August 25, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Wing Tai returns to profit in FY26, net profit S$ 23.8 million

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