Far East Orchard Limited Annual Report 2025
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Profit or Loss | |||
| RevenueSGD thousand | 247,633 | 191,873 | PDF p. 79 |
| Cost of salesSGD thousand | (136,488) | (93,605) | PDF p. 79 |
| Gross profitSGD thousand | 111,145 | 98,268 | PDF p. 79 |
| Distribution and marketing expensesSGD thousand | (11,559) | (10,925) | PDF p. 79 |
| Administrative expensesSGD thousand | (55,893) | (46,155) | PDF p. 79 |
| Interest incomeSGD thousand | 4,268 | 6,339 | PDF p. 79 |
| Other income othersSGD thousand | 1,677 | 2,216 | PDF p. 79 |
| Finance expensesSGD thousand | (38,427) | (34,249) | PDF p. 79 |
| Other gains or losses and impairment losses netSGD thousand | 33,887 | 26,796 | PDF p. 79 |
| Share of profit of associated companiesSGD thousand | 14,566 | 4,770 | PDF p. 79 |
| Share of loss or profit of joint venturesSGD thousand | (538) | 25,749 | PDF p. 79 |
| Profit before income taxSGD thousand | 59,126 | 72,809 | PDF p. 79 |
| Income tax expenseSGD thousand | (4,368) | (11,520) | PDF p. 79 |
| Profit after income taxSGD thousand | 54,758 | 61,289 | PDF p. 79 |
Original report: PDF p. 79 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Comprehensive Income and Attribution | |||
| Cash flow hedges fair value lossesSGD thousand | (2,559) | (3,583) | PDF p. 79 |
| Share of other comprehensive loss of joint ventures reclassifiableSGD thousand | (1,094) | (939) | PDF p. 79 |
| Currency translation gains or losses from consolidation reclassifiableSGD thousand | 7,529 | (7,324) | PDF p. 79 |
| Currency translation reclassificationSGD thousand | – | 152 | PDF p. 79 |
| Total reclassifiable other comprehensive income or lossSGD thousand | 3,876 | (11,694) | PDF p. 79 |
| Share of other comprehensive income or loss of associated companies non-reclassifiableSGD thousand | 38 | (2,199) | PDF p. 79 |
| Share of other comprehensive income of joint ventures non-reclassifiableSGD thousand | 14,335 | 6,991 | PDF p. 79 |
| Revaluation losses on property plant and equipment netSGD thousand | (11,031) | (1,300) | PDF p. 79 |
| FVOCI fair value gains equity investmentSGD thousand | 202 | 369 | PDF p. 79 |
| Currency translation differences non-reclassifiableSGD thousand | 1,762 | (5,000) | PDF p. 79 |
| Other comprehensive income or loss net of taxSGD thousand | 9,182 | (12,833) | PDF p. 79 |
| Total comprehensive incomeSGD thousand | 63,940 | 48,456 | PDF p. 79 |
| Profit attributable to equity holdersSGD thousand | 54,006 | 58,968 | PDF p. 79 |
| Profit attributable to non-controlling interestsSGD thousand | 752 | 2,321 | PDF p. 79 |
| Total profit attributableSGD thousand | 54,758 | 61,289 | PDF p. 79 |
| Comprehensive income attributable to equity holdersSGD thousand | 58,021 | 50,231 | PDF p. 79 |
| Comprehensive income or loss attributable to non-controlling interestsSGD thousand | 5,919 | (1,775) | PDF p. 79 |
| Total comprehensive income attributableSGD thousand | 63,940 | 48,456 | PDF p. 79 |
Original report: PDF p. 79 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Earnings per Share | |||
| Basic and diluted earnings per shareSingapore cents per share | 11.02 | 12.07 | PDF p. 79 |
Original report: PDF p. 79 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Group and Company Assets | |||||
| Cash and bank balancesSGD thousand | 178,749 | 200,888 | 35,464 | 82,737 | PDF p. 80 |
| Derivative financial instruments currentSGD thousand | – | 793 | – | 12 | PDF p. 80 |
| Trade and other receivablesSGD thousand | 80,319 | 50,079 | 162,378 | 181,871 | PDF p. 80 |
| InventoriesSGD thousand | 254 | 302 | 12 | 13 | PDF p. 80 |
| Properties held for saleSGD thousand | 163,382 | 168,461 | – | – | PDF p. 80 |
| Total current assetsSGD thousand | 422,704 | 420,523 | 197,854 | 264,633 | PDF p. 80 |
| Derivative financial instruments non-currentSGD thousand | – | 262 | – | 262 | PDF p. 80 |
| Financial asset FVOCISGD thousand | 3,111 | 3,047 | 3,111 | 3,047 | PDF p. 80 |
| Other non-current assetsSGD thousand | 499 | 4,674 | 589,135 | 516,594 | PDF p. 80 |
| Investments in associated companiesSGD thousand | 251,111 | 64,521 | 696 | 696 | PDF p. 80 |
| Investments in joint venturesSGD thousand | 322,795 | 484,252 | 300 | 300 | PDF p. 80 |
| Investments in subsidiariesSGD thousand | – | – | 886,370 | 856,520 | PDF p. 80 |
| Investment propertiesSGD thousand | 1,030,534 | 1,011,382 | 158,000 | 147,200 | PDF p. 80 |
| Property plant and equipmentSGD thousand | 538,705 | 549,705 | 353,328 | 369,413 | PDF p. 80 |
| Intangible assetsSGD thousand | 191,034 | 98,838 | – | – | PDF p. 80 |
| Deferred income tax assetsSGD thousand | 4,270 | 4,259 | 3,001 | 3,229 | PDF p. 80 |
| Total non-current assetsSGD thousand | 2,342,059 | 2,220,940 | 1,993,941 | 1,897,261 | PDF p. 80 |
| Total assetsSGD thousand | 2,764,763 | 2,641,463 | 2,191,795 | 2,161,894 | PDF p. 80 |
Original report: PDF p. 80 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Group and Company Liabilities and Equity | |||||
| Trade and other payables currentSGD thousand | 149,733 | 113,344 | 40,875 | 40,038 | PDF p. 80 |
| Current income tax liabilitiesSGD thousand | 4,375 | 5,093 | – | 592 | PDF p. 80 |
| Lease liabilities currentSGD thousand | 10,717 | 9,566 | 7,667 | 7,200 | PDF p. 80 |
| Borrowings currentSGD thousand | 151,641 | 326,496 | 62,753 | 201,157 | PDF p. 80 |
| Deferred income currentSGD thousand | 20,409 | 18,289 | 6,797 | 6,797 | PDF p. 80 |
| Total current liabilitiesSGD thousand | 336,875 | 472,788 | 118,092 | 255,784 | PDF p. 80 |
| Other payables non-currentSGD thousand | 121,696 | 102,949 | 198,930 | 203,654 | PDF p. 80 |
| Derivative financial instruments non-currentSGD thousand | 2,663 | 1,171 | 2,552 | 1,171 | PDF p. 80 |
| Lease liabilities non-currentSGD thousand | 68,633 | 77,976 | 51,091 | 58,759 | PDF p. 80 |
| Borrowings non-currentSGD thousand | 495,629 | 277,640 | 427,732 | 242,961 | PDF p. 80 |
| Deferred income non-currentSGD thousand | 242,327 | 249,124 | 242,327 | 249,124 | PDF p. 80 |
| Deferred income tax liabilitiesSGD thousand | 71,692 | 63,656 | 619 | 754 | PDF p. 80 |
| Total non-current liabilitiesSGD thousand | 1,002,640 | 772,516 | 923,251 | 756,423 | PDF p. 80 |
| Total liabilitiesSGD thousand | 1,339,515 | 1,245,304 | 1,041,343 | 1,012,207 | PDF p. 80 |
| Net assetsSGD thousand | 1,425,248 | 1,396,159 | 1,150,452 | 1,149,687 | PDF p. 80 |
| Share capitalSGD thousand | 552,569 | 550,723 | 552,569 | 550,723 | PDF p. 80 |
| Revaluation and other reservesSGD thousand | 334,431 | 341,516 | 291,721 | 302,520 | PDF p. 80 |
| Retained profitsSGD thousand | 523,850 | 495,441 | 306,162 | 296,444 | PDF p. 80 |
| Equity attributable to equity holdersSGD thousand | 1,410,850 | 1,387,680 | 1,150,452 | 1,149,687 | PDF p. 80 |
| Non-controlling interestsSGD thousand | 14,398 | 8,479 | – | – | PDF p. 80 |
| Total equitySGD thousand | 1,425,248 | 1,396,159 | 1,150,452 | 1,149,687 | PDF p. 80 |
Original report: PDF p. 80 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Cash Flows from Operating Activities | |||
| Profit after income taxSGD thousand | 54,758 | 61,289 | PDF p. 84 |
| Income tax expense adjustmentSGD thousand | 4,368 | 11,520 | PDF p. 84 |
| Depreciation of property plant and equipmentSGD thousand | 16,804 | 16,734 | PDF p. 84 |
| Amortisation of intangible assetsSGD thousand | 3,250 | 2,221 | PDF p. 84 |
| Allowance for impairment losses on trade receivables netSGD thousand | 502 | 2,292 | PDF p. 84 |
| Impairment of properties held for saleSGD thousand | 5,709 | 3,102 | PDF p. 84 |
| Reversal of impairment or impairment of property plant and equipmentSGD thousand | (237) | 21 | PDF p. 84 |
| Fair value gains on investment properties netSGD thousand | (8,007) | (32,288) | PDF p. 84 |
| Fair value gain on derivatives non-designatedSGD thousand | (54) | – | PDF p. 84 |
| Gain on acquisition of additional interest in a joint ventureSGD thousand | (9,122) | – | PDF p. 84 |
| Remeasurement gain on previously held interest in an associated companySGD thousand | (19,783) | – | PDF p. 84 |
| Gain on disposal of non-current asset held for saleSGD thousand | – | (5,867) | PDF p. 84 |
| Loss on disposal of property plant and equipmentSGD thousand | 4 | 2 | PDF p. 84 |
| Reclassification of exchange differences from currency translation reserveSGD thousand | – | 152 | PDF p. 84 |
| Interest income adjustmentSGD thousand | (4,268) | (6,339) | PDF p. 84 |
| Finance expenses adjustmentSGD thousand | 38,427 | 34,249 | PDF p. 84 |
| Dividend income from FVOCISGD thousand | (848) | – | PDF p. 84 |
| Share of profit of associated companiesSGD thousand | (14,566) | (4,770) | PDF p. 84 |
| Share of loss or profit of joint venturesSGD thousand | 538 | (25,749) | PDF p. 84 |
| Unrealised currency translation gains or lossesSGD thousand | (2,438) | 7,930 | PDF p. 84 |
| Operating cash flows before working capitalSGD thousand | 65,037 | 64,499 | PDF p. 84 |
| Changes in trade and other receivablesSGD thousand | (869) | 1,648 | PDF p. 84 |
| Changes in inventoriesSGD thousand | 51 | 88 | PDF p. 84 |
| Changes in trade and other payablesSGD thousand | (4,419) | (4,394) | PDF p. 84 |
| Cash generated from operationsSGD thousand | 59,800 | 61,841 | PDF p. 84 |
| Interest paid operatingSGD thousand | (224) | (225) | PDF p. 84 |
| Income tax paid net operatingSGD thousand | (5,883) | (6,119) | PDF p. 84 |
| Net cash provided by operating activitiesSGD thousand | 53,693 | 55,497 | PDF p. 84 |
Original report: PDF p. 84 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Cash Flows from Investing Activities | |||
| Additions to property plant and equipmentSGD thousand | (9,368) | (5,930) | PDF p. 85 |
| Additions to investment propertiesSGD thousand | (1,774) | (2,222) | PDF p. 85 |
| Additions to intangible assetsSGD thousand | (767) | – | PDF p. 85 |
| Proceeds from disposal of non-current asset held for saleSGD thousand | – | 15,757 | PDF p. 85 |
| Investment in financial asset FVOCISGD thousand | (39) | (773) | PDF p. 85 |
| Investment in associated companySGD thousand | (25,075) | (30,755) | PDF p. 85 |
| Investment in joint venturesSGD thousand | (7,007) | (6,152) | PDF p. 85 |
| Disposal of property plant and equipmentSGD thousand | 3 | – | PDF p. 85 |
| Acquisition of business net of cash acquiredSGD thousand | (20,408) | – | PDF p. 85 |
| Repayment of or advances to joint venturesSGD thousand | 572 | (8,107) | PDF p. 85 |
| Advances from joint venturesSGD thousand | 15,949 | 9,193 | PDF p. 85 |
| Dividends received from associated companySGD thousand | – | 832 | PDF p. 85 |
| Dividends received from joint venturesSGD thousand | 10,309 | 11,891 | PDF p. 85 |
| Dividend income from FVOCISGD thousand | 848 | – | PDF p. 85 |
| Interest receivedSGD thousand | 4,584 | 6,865 | PDF p. 85 |
| Income tax paid net investingSGD thousand | (706) | (1,038) | PDF p. 85 |
| Net cash used in investing activitiesSGD thousand | (32,879) | (10,439) | PDF p. 85 |
Original report: PDF p. 85 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Cash Flows from Financing Activities | |||
| Decrease in bank deposits pledgedSGD thousand | 3,779 | 1,667 | PDF p. 85 |
| Proceeds from borrowingsSGD thousand | 141,841 | 64,824 | PDF p. 85 |
| Repayment of borrowingsSGD thousand | (105,915) | (69,380) | PDF p. 85 |
| Repayment of advances from non-controlling interestsSGD thousand | (9,796) | – | PDF p. 85 |
| Principal payment of lease liabilitiesSGD thousand | (9,718) | (8,987) | PDF p. 85 |
| Dividend paid to non-controlling interests subject to put optionsSGD thousand | (1,111) | – | PDF p. 85 |
| Interest paid on lease liabilitiesSGD thousand | (4,954) | (5,483) | PDF p. 85 |
| Interest paid on borrowingsSGD thousand | (32,863) | (28,367) | PDF p. 85 |
| Dividends paid to equity holdersSGD thousand | (22,609) | (18,167) | PDF p. 85 |
| Net cash used in financing activitiesSGD thousand | (41,346) | (63,893) | PDF p. 85 |
Original report: PDF p. 85 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Cash and Cash Equivalents Reconciliation | |||
| Net decrease in cash and cash equivalentsSGD thousand | (20,532) | (18,835) | PDF p. 85 |
| Cash and cash equivalents beginning of financial yearSGD thousand | 179,194 | 202,271 | PDF p. 85 |
| Effects of currency translationSGD thousand | 2,172 | (4,242) | PDF p. 85 |
| Cash and cash equivalents end of financial yearSGD thousand | 160,834 | 179,194 | PDF p. 85 |
Original report: PDF p. 85 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025GroupBeginning of financial year | 2025GroupPrincipal and interest receipts or payments | 2025GroupInterest expenses | 2025GroupAcquisition of business | 2025GroupForeign exchange movement | 2025GroupEnd of financial year | Source |
|---|---|---|---|---|---|---|---|
| Group Financing Liabilities Reconciliation 2025 | |||||||
| Bank borrowingsSGD thousand | 604,136 | 35,926 | 357 | – | 6,851 | 647,270 | PDF p. 86 |
| Lease liabilitiesSGD thousand | 87,542 | (14,672) | 4,954 | 1,528 | (2) | 79,350 | PDF p. 86 |
| Interest payableSGD thousand | 61 | (31,615) | 31,641 | – | – | 87 | PDF p. 86 |
| Advances from non-controlling interestsSGD thousand | 138,417 | (11,268) | 1,475 | – | – | 128,624 | PDF p. 86 |
Original report: PDF p. 86 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024GroupBeginning of financial year | 2024GroupPrincipal and interest receipts or payments | 2024GroupInterest expenses | 2024GroupAcquisition of business | 2024GroupForeign exchange movement | 2024GroupEnd of financial year | Source |
|---|---|---|---|---|---|---|---|
| Group Financing Liabilities Reconciliation 2024 | |||||||
| Bank borrowingsSGD thousand | 602,347 | (4,556) | 438 | – | 5,907 | 604,136 | PDF p. 86 |
| Lease liabilitiesSGD thousand | 96,529 | (14,470) | 5,483 | – | – | 87,542 | PDF p. 86 |
| Interest payableSGD thousand | 280 | (27,216) | 26,997 | – | – | 61 | PDF p. 86 |
| Advances from non-controlling interestsSGD thousand | 138,462 | (1,376) | 1,331 | – | – | 138,417 | PDF p. 86 |
Original report: PDF p. 86 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025GroupShare capital | 2025GroupCapital reserve | 2025GroupAsset revaluation reserve | 2025GroupCurrency translation reserve | 2025GroupFair value reserve | 2025GroupHedging reserve | 2025GroupOther reserves | 2025GroupRetained profits | 2025GroupEquity attributable to equity holders | 2025GroupNon-controlling interests | 2025GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Changes in Equity 2025 | ||||||||||||
| Opening balance at1 January2025SGD thousand | 550,723 | 13,977 | 408,120 | (81,070) | (1,480) | 1,969 | – | 495,441 | 1,387,680 | 8,479 | 1,396,159 | PDF p. 81 |
| Net profitSGD thousand | – | – | – | – | – | – | – | 54,006 | 54,006 | 752 | 54,758 | PDF p. 81 |
| Other comprehensive income or lossSGD thousand | – | – | (278) | 7,024 | 240 | (2,971) | – | – | 4,015 | 5,167 | 9,182 | PDF p. 81 |
| Total comprehensive incomeSGD thousand | – | – | (278) | 7,024 | 240 | (2,971) | – | 54,006 | 58,021 | 5,919 | 63,940 | PDF p. 81 |
| Dividend relating to2024SGD thousand | – | – | – | – | – | – | – | (22,609) | (22,609) | – | (22,609) | PDF p. 81 |
| Shares issued in lieu of cash dividend relating to2024SGD thousand | 1,846 | – | – | – | – | – | – | (1,846) | – | – | – | PDF p. 81 |
| Acquisition of a subsidiarySGD thousand | – | – | – | – | – | – | – | – | – | 6,330 | 6,330 | PDF p. 81 |
| Put option over non-controlling interestsSGD thousand | – | – | – | – | – | – | (11,131) | – | (11,131) | (6,330) | (17,461) | PDF p. 81 |
| Dividend paid to non-controlling interests subject to put optionsSGD thousand | – | – | – | – | – | – | – | (1,111) | (1,111) | – | (1,111) | PDF p. 81 |
| Total transactions with ownersSGD thousand | 1,846 | – | – | – | – | – | (11,131) | (25,566) | (34,851) | – | (34,851) | PDF p. 81 |
| Transfer of associated-company fair value reserve upon disposalSGD thousand | – | – | – | – | 31 | – | – | (31) | – | – | – | PDF p. 81 |
| Closing balance at31 December2025SGD thousand | 552,569 | 13,977 | 407,842 | (74,046) | (1,209) | (1,002) | (11,131) | 523,850 | 1,410,850 | 14,398 | 1,425,248 | PDF p. 81 |
Original report: PDF p. 81 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024GroupShare capital | 2024GroupCapital reserve | 2024GroupAsset revaluation reserve | 2024GroupCurrency translation reserve | 2024GroupFair value reserve | 2024GroupHedging reserve | 2024GroupRetained profits | 2024GroupEquity attributable to equity holders | 2024GroupNon-controlling interests | 2024GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Group Changes in Equity 2024 | |||||||||||
| Opening balance at1 January2024SGD thousand | 549,380 | 13,977 | 404,854 | (73,713) | 339 | 6,078 | 454,701 | 1,355,616 | 10,254 | 1,365,870 | PDF p. 82 |
| Net profitSGD thousand | – | – | – | – | – | – | 58,968 | 58,968 | 2,321 | 61,289 | PDF p. 82 |
| Other comprehensive income or lossSGD thousand | – | – | 4,559 | (7,357) | (1,830) | (4,109) | – | (8,737) | (4,096) | (12,833) | PDF p. 82 |
| Total comprehensive incomeSGD thousand | – | – | 4,559 | (7,357) | (1,830) | (4,109) | 58,968 | 50,231 | (1,775) | 48,456 | PDF p. 82 |
| Cash dividend relating to2023SGD thousand | – | – | – | – | – | – | (18,167) | (18,167) | – | (18,167) | PDF p. 82 |
| Shares issued in lieu of cash dividend relating to2023SGD thousand | 1,343 | – | – | – | – | – | (1,343) | – | – | – | PDF p. 82 |
| Total transactions with ownersSGD thousand | 1,343 | – | – | – | – | – | (19,510) | (18,167) | – | (18,167) | PDF p. 82 |
| Transfer of associated-company fair value reserve upon disposalSGD thousand | – | – | – | – | 11 | – | (11) | – | – | – | PDF p. 82 |
| Transfer of revaluation gains to retained profitsSGD thousand | – | – | (1,293) | – | – | – | 1,293 | – | – | – | PDF p. 82 |
| Closing balance at31 December2024SGD thousand | 550,723 | 13,977 | 408,120 | (81,070) | (1,480) | 1,969 | 495,441 | 1,387,680 | 8,479 | 1,396,159 | PDF p. 82 |
Original report: PDF p. 82 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025CompanyShare capital | 2025CompanyAsset revaluation reserve | 2025CompanyCurrency translation reserve | 2025CompanyFair value reserve | 2025CompanyHedging reserve | 2025CompanyRetained profits | 2025CompanyTotal equity | Source |
|---|---|---|---|---|---|---|---|---|
| Company Changes in Equity 2025 | ||||||||
| Opening balance at1 January2025SGD thousand | 550,723 | 303,087 | (480) | 549 | (636) | 296,444 | 1,149,687 | PDF p. 83 |
| Net profitSGD thousand | – | – | – | – | – | 34,173 | 34,173 | PDF p. 83 |
| Other comprehensive income or lossSGD thousand | – | (9,200) | (177) | 202 | (1,624) | – | (10,799) | PDF p. 83 |
| Total comprehensive incomeSGD thousand | – | (9,200) | (177) | 202 | (1,624) | 34,173 | 23,374 | PDF p. 83 |
| Cash dividend relating to2024SGD thousand | – | – | – | – | – | (22,609) | (22,609) | PDF p. 83 |
| Shares issued in lieu of cash dividend relating to2024SGD thousand | 1,846 | – | – | – | – | (1,846) | – | PDF p. 83 |
| Total transactions with ownersSGD thousand | 1,846 | – | – | – | – | (24,455) | (22,609) | PDF p. 83 |
| Closing balance at31 December2025SGD thousand | 552,569 | 293,887 | (657) | 751 | (2,260) | 306,162 | 1,150,452 | PDF p. 83 |
Original report: PDF p. 83 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024CompanyShare capital | 2024CompanyAsset revaluation reserve | 2024CompanyCurrency translation reserve | 2024CompanyFair value reserve | 2024CompanyHedging reserve | 2024CompanyRetained profits | 2024CompanyTotal equity | Source |
|---|---|---|---|---|---|---|---|---|
| Company Changes in Equity 2024 | ||||||||
| Opening balance at1 January2024SGD thousand | 549,380 | 301,687 | (322) | 174 | (81) | 304,540 | 1,155,378 | PDF p. 83 |
| Net profitSGD thousand | – | – | – | – | – | 11,414 | 11,414 | PDF p. 83 |
| Other comprehensive income or lossSGD thousand | – | 1,400 | (158) | 375 | (555) | – | 1,062 | PDF p. 83 |
| Total comprehensive incomeSGD thousand | – | 1,400 | (158) | 375 | (555) | 11,414 | 12,476 | PDF p. 83 |
| Cash dividend relating to2023SGD thousand | – | – | – | – | – | (18,167) | (18,167) | PDF p. 83 |
| Shares issued in lieu of cash dividend relating to2023SGD thousand | 1,343 | – | – | – | – | (1,343) | – | PDF p. 83 |
| Total transactions with ownersSGD thousand | 1,343 | – | – | – | – | (19,510) | (18,167) | PDF p. 83 |
| Closing balance at31 December2024SGD thousand | 550,723 | 303,087 | (480) | 549 | (636) | 296,444 | 1,149,687 | PDF p. 83 |
Original report: PDF p. 83 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group EPS Profit Numerator Note10 | |||
| Profit attributable to equity holders used for EPSSGD thousand | 54,006 | 58,968 | PDF p. 109 |
Original report: PDF p. 109 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group EPS Weighted Ordinary Shares Note10 | |||
| Weighted average ordinary shares for basic EPSThousand shares | 490,006 | 488,417 | PDF p. 109 |
Original report: PDF p. 109 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Basic and Diluted EPS Note10 | |||
| Basic and diluted EPS no dilutive potential sharesSingapore cents per share | 11.02 | 12.07 | PDF p. 109 |
Original report: PDF p. 109 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Group and Company Cash Balances Note11 | |||||
| Cash at bank and on handSGD thousand | 110,982 | 87,913 | 3,718 | 4,876 | PDF p. 109 |
| Short-term bank depositsSGD thousand | 67,767 | 112,975 | 31,746 | 77,861 | PDF p. 109 |
| Total cash and bank balancesSGD thousand | 178,749 | 200,888 | 35,464 | 82,737 | PDF p. 109 |
Original report: PDF p. 109 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group Cash Equivalents Note11 | |||
| Cash and bank balancesSGD thousand | 178,749 | 200,888 | PDF p. 110 |
| Bank deposits pledged deductedSGD thousand | (17,915) | (21,694) | PDF p. 110 |
| Cash and cash equivalents per consolidated cash flowsSGD thousand | 160,834 | 179,194 | PDF p. 110 |
Original report: PDF p. 110 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company | 2024Company | Source |
|---|---|---|---|
| Company Ordinary Dividends Paid Note29 | |||
| Dividend paid by new shares issuedSGD thousand | 1,846 | 1,343 | PDF p. 140 |
| Dividend paid in cashSGD thousand | 22,609 | 18,167 | PDF p. 140 |
| Total ordinary dividends paid in respect of previous financial yearSGD thousand | 24,455 | 19,510 | PDF p. 140 |
Original report: PDF p. 140 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2023Group | 2022Group | 2021Group | Source |
|---|---|---|---|---|---|---|
| Five-year Financial Highlights | ||||||
| Hospitality revenueSGD thousand | 124,689 | 128,118 | 126,918 | 90,354 | 59,990 | PDF p. 28 |
| Student accommodation revenueSGD thousand | 111,961 | 53,840 | 46,390 | 40,773 | 37,290 | PDF p. 28 |
| Property development revenueSGD thousand | – | – | – | – | – | PDF p. 28 |
| Property investment revenueSGD thousand | 10,983 | 9,915 | 10,312 | 9,841 | 9,548 | PDF p. 28 |
| Total revenueSGD thousand | 247,633 | 191,873 | 183,620 | 140,968 | 106,828 | PDF p. 28 |
| Operating profitSGD thousand | 64,216 | 77,833 | 57,888 | 54,016 | 4,350 | PDF p. 28 |
| Profit before income taxSGD thousand | 59,126 | 72,809 | 80,373 | 22,896 | 29,078 | PDF p. 28 |
| Profit attributable to equity holdersSGD thousand | 54,006 | 58,968 | 65,946 | 21,918 | 28,127 | PDF p. 28 |
| Shareholders equitySGD thousand | 1,410,850 | 1,387,680 | 1,355,616 | 1,294,528 | 1,280,128 | PDF p. 28 |
| Total assetsSGD thousand | 2,764,763 | 2,641,463 | 2,615,148 | 2,535,234 | 2,625,384 | PDF p. 28 |
| Net asset value per shareSGD per share | 2.87 | 2.84 | 2.78 | 2.73 | 2.76 | PDF p. 28 |
| Basic earnings per shareSingapore cents per share | 11.0 | 12.1 | 13.7 | 4.7 | 6.1 | PDF p. 28 |
| First and final dividend per shareSingapore cents per share | 4.0 | 4.0 | 4.0 | 3.0 | 3.0 | PDF p. 28 |
| Special dividend per shareSingapore cents per share | – | 1.0 | – | 1.0 | – | PDF p. 28 |
| Return on equity% | 3.9 | 4.3 | 5.0 | 1.7 | 2.2 | PDF p. 28 |
| Gearing ratiotimes | 0.45 | 0.43 | 0.44 | 0.46 | 0.54 | PDF p. 28 |
Original report: PDF p. 28 ↗
Where the money comes from
| Item / unit | 2025Hospitality - Management services | 2025Hospitality - Operations | 2025Hospitality - Property ownership | 2025Student accommodation - Property ownership | 2025Student accommodation - Management services | 2025Property - Development | 2025Property - Investment | 2025Total | 2024Hospitality - Management services | 2024Hospitality - Operations | 2024Hospitality - Property ownership | 2024Student accommodation - Property ownership | 2024Student accommodation - Management services | 2024Property - Development | 2024Property - Investment | 2024Total | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Segment results | |||||||||||||||||
| Total segment revenue$'000 | 39,315 | 41,194 | 47,950 | 53,834 | 59,683 | – | 10,983 | 252,959 | 33,532 | 44,182 | 53,849 | 53,840 | – | – | 9,915 | 195,318 | PDF p. 153PDF p. 155 |
| Inter-segment revenue$'000 | (3,770) | – | – | – | (1,556) | – | - | (5,326) | (3,445) | – | – | – | – | – | – | (3,445) | PDF p. 153PDF p. 155 |
| Revenue from external parties$'000 | 35,545 | 41,194 | 47,950 | 53,834 | 58,127 | – | 10,983 | 247,633 | 30,087 | 44,182 | 53,849 | 53,840 | – | – | 9,915 | 191,873 | PDF p. 153PDF p. 155 |
| Expenses include (a) | |||||||||||||||||
| - Depreciation of property, plant and equipment$'000 | (110) | (8,508) | (6,862) | – | (263) | – | – | (15,743) | (116) | (8,424) | (7,079) | – | – | – | – | (15,619) | PDF p. 153PDF p. 155 |
| - Amortisation of intangible assets$'000 | (2,221) | – | – | – | (1,029) | – | – | (3,250) | (2,221) | – | – | – | – | – | – | (2,221) | PDF p. 153PDF p. 155 |
| - Supplies and services$'000 | (3,336) | (9,607) | (11,451) | – | (35,252) | – | – | (59,646) | (1,831) | (10,022) | (13,441) | – | – | – | – | (25,294) | PDF p. 153PDF p. 155 |
| - Employee compensation$'000 | (11,123) | (8,853) | (15,661) | – | (17,860) | – | – | (53,497) | (10,395) | (8,229) | (18,203) | – | – | – | – | (36,827) | PDF p. 153PDF p. 155 |
| - Property tax and upkeep of properties$'000 | (118) | (910) | (4,875) | (18,156) | (72) | (77) | (2,228) | (26,436) | (179) | (925) | (5,559) | (17,495) | – | – | (2,160) | (26,318) | PDF p. 153PDF p. 155 |
| Segment results | |||||||||||||||||
| Operating profit/(loss)$'000 | 5,844 | 10,128 | (349) | 24,527 | 1,455 | (91) | 8,674 | 50,188 | 6,759 | 10,396 | (1,044) | 26,942 | (938) | (96) | 5,295 | 47,314 | PDF p. 153PDF p. 155 |
| Share of profit/(loss) of | |||||||||||||||||
| - associated companies$'000 | – | 3,745 | – | – | 1,631 | 9,190 | – | 14,566 | – | 3,293 | – | – | 1,477 | – | – | 4,770 | PDF p. 153PDF p. 155 |
| - joint ventures$'000 | – | 412 | 2,628 | (3,949) | – | 371 | – | (538) | – | 6,590 | 4,139 | 9,571 | – | 5,449 | – | 25,749 | PDF p. 153PDF p. 155 |
| Segment results | |||||||||||||||||
| Total operating profit$'000 | 5,844 | 14,285 | 2,279 | 20,578 | 3,086 | 9,470 | 8,674 | 64,216 | 6,759 | 20,279 | 3,095 | 36,513 | 539 | 5,353 | 5,295 | 77,833 | PDF p. 153PDF p. 155 |
(a) These expenses exclude those under the Corporate assets segment.
Corporate expenses through Profit after income tax are printed only in the Total column.
2024 comparatives restated per Note 33 introduction.
| Item / unit | 2025Hospitality - Management services | 2025Hospitality - Operations | 2025Hospitality - Property ownership | 2025Student accommodation - Property ownership | 2025Student accommodation - Management services | 2025Property - Development | 2025Property - Investment | 2025Total | 2024Hospitality - Management services | 2024Hospitality - Operations | 2024Hospitality - Property ownership | 2024Student accommodation - Property ownership | 2024Student accommodation - Management services | 2024Property - Development | 2024Property - Investment | 2024Total | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| As at 31 December | |||||||||||||||||
| Segment assets$'000 | 116,602 | 223,329 | 226,028 | 730,408 | 139,345 | 477,611 | 194,200 | 2,107,523 | 112,712 | 221,962 | 234,875 | 732,960 | 186 | 490,062 | 170,178 | 1,962,935 | PDF p. 154PDF p. 156 |
| Investments in associated companies$'000 | – | 36,741 | – | – | – | 214,370 | – | 251,111 | – | 32,958 | – | – | 31,563 | – | – | 64,521 | PDF p. 154PDF p. 156 |
| Investments in joint ventures$'000 | – | 167,830 | 92,115 | 27,164 | – | 35,686 | – | 322,795 | – | 170,254 | 89,389 | 18,311 | – | 206,298 | – | 484,252 | PDF p. 154PDF p. 156 |
| Segment assets include: Additions to | |||||||||||||||||
| - Investments in associated companies$'000 | – | – | – | – | – | 25,075 | – | 25,075 | – | – | – | – | 30,755 | – | – | 30,755 | PDF p. 154PDF p. 156 |
| - Investments in joint ventures$'000 | – | – | – | 12,829 | – | – | – | 12,829 | – | – | – | 6,152 | – | – | – | 6,152 | PDF p. 154PDF p. 156 |
| - Intangible assets$'000 | – | – | – | – | 767 | – | – | 767 | PDF p. 154 | ||||||||
| - Investment properties$'000 | – | – | 5 | 1,769 | – | – | – | 1,774 | – | – | 208 | 2,014 | – | – | – | 2,222 | PDF p. 154PDF p. 156 |
| - Property, plant and equipment$'000 | 61 | 951 | 8,269 | – | 85 | – | – | 9,366 | 40 | 198 | 5,643 | – | – | – | – | 5,881 | PDF p. 154PDF p. 156 |
(b) During the year ended 31 December 2025, the Group acquired property, plant and equipment amounting to $2,000 under Corporate assets segment.
The unlabelled subtotal row is printed without a label.
(b) During the year ended 31 December 2024, the Group acquired property, plant and equipment amounting to $49,000 under Corporate assets segment.
| Item / unit | 2025Group revenue by geographical area | 2024Group revenue by geographical area | Source |
|---|---|---|---|
| Revenue | |||
| Singapore$'000 | 68,306 | 69,968 | PDF p. 157 |
| Australia$'000 | 47,559 | 53,619 | PDF p. 157 |
| United Kingdom$'000 | 114,169 | 55,962 | PDF p. 157 |
| Japan$'000 | 12,343 | 7,090 | PDF p. 157 |
| Other countries$'000 | 5,256 | 5,234 | PDF p. 157 |
| Total$'000 | 247,633 | 191,873 | PDF p. 157 |
The Group operates in five main geographical areas: Singapore, Australia, United Kingdom, Japan, Other countries (Malaysia, Germany and Denmark).
| Item / unit | 2025Group non-current assets by geographical area | 2024Group non-current assets by geographical area | Source |
|---|---|---|---|
| Non-current assets | |||
| Singapore$'000 | 1,103,922 | 1,040,973 | PDF p. 157 |
| Australia$'000 | 330,762 | 327,819 | PDF p. 157 |
| United Kingdom$'000 | 775,137 | 724,091 | PDF p. 157 |
| Japan$'000 | 39,262 | 35,570 | PDF p. 157 |
| Other countries$'000 | 92,976 | 92,487 | PDF p. 157 |
| Total$'000 | 2,342,059 | 2,220,940 | PDF p. 157 |
The total row is printed without a label.
Debt
| Item / unit | 2025Less than 1 year, $'000 | 2025Between 1 and 2 years, $'000 | 2025Between 2 and 5 years, $'000 | 2025Over 5 years, $'000 | 2024Less than 1 year, $'000 | 2024Between 1 and 2 years, $'000 | 2024Between 2 and 5 years, $'000 | 2024Over 5 years, $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group | |||||||||
| Borrowings$'000 | 182,631 | 106,572 | 371,736 | 90,810 | 355,056 | 49,878 | 185,628 | 95,352 | PDF p. 147 |
| Lease liabilities$'000 | 14,474 | 14,474 | 43,057 | 22,367 | 14,503 | 14,474 | 43,460 | 36,437 | PDF p. 147 |
Amounts are contractual undiscounted cash flows of non-derivative financial liabilities, based on remaining period from balance sheet date to contractual maturity date.
Contractual undiscounted cash flows.
| Item / unit | 2025Less than 1 year, $'000 | 2025Between 1 and 2 years, $'000 | 2025Between 2 and 5 years, $'000 | 2025Over 5 years, $'000 | 2024Less than 1 year, $'000 | 2024Between 1 and 2 years, $'000 | 2024Between 2 and 5 years, $'000 | 2024Over 5 years, $'000 | Source |
|---|---|---|---|---|---|---|---|---|---|
| Company | |||||||||
| Borrowings$'000 | 87,127 | 103,149 | 295,968 | 90,810 | 225,482 | 13,632 | 185,628 | 95,352 | PDF p. 148 |
| Lease liabilities$'000 | 10,941 | 10,974 | 32,557 | 16,546 | 10,909 | 10,941 | 32,960 | 27,116 | PDF p. 148 |
Contractual undiscounted cash flows.
| Item / unit | 2025Group, $'000 | 2024Group, $'000 | 2025Company, $'000 | 2024Company, $'000 | Source |
|---|---|---|---|---|---|
| Bank borrowings - current | |||||
| - Current (secured)$'000 | 88,888 | 125,339 | – | – | PDF p. 133 |
| - Current (unsecured)$'000 | 62,753 | 201,157 | 62,753 | 201,157 | PDF p. 133 |
| Bank borrowings current total$'000 | 151,641 | 326,496 | 62,753 | 201,157 | PDF p. 133 |
| Bank borrowings - non-current | |||||
| - Non-current (secured)$'000 | 67,897 | 34,679 | – | – | PDF p. 133 |
| - Non-current (unsecured)$'000 | 427,732 | 242,961 | 427,732 | 242,961 | PDF p. 133 |
| Bank borrowings non-current total$'000 | 495,629 | 277,640 | 427,732 | 242,961 | PDF p. 133 |
| Bank borrowings | |||||
| Total borrowings$'000 | 647,270 | 604,136 | 490,485 | 444,118 | PDF p. 133 |
Bank borrowings are at variable interest rates referenced to overnight risk-free rates and interbank offered rates with contractual repricing dates less than 6 months from balance sheet date (2024: less than 6 months); secured over certain bank deposits (Note 11), investment properties (Note 19) and property, plant and equipment (Note 20).
Fair values of non-current borrowings of the Group are within Level 2 and approximate their carrying amounts.
Non-current borrowings of $495,629,000 (2024: $277,640,000) carry financial covenants; the Group has complied. Company borrowings $427,732,000 (2024: $242,961,000); Group secured borrowings $67,897,000 (2024: $34,679,000) subject to LTV and interest coverage ratios.
Subtotal and total rows have no printed label; labels are descriptors. No interest rate range percentages are printed.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Scrip dividend scheme | The Company has a scrip dividend scheme. | Company | PDF p. 62 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| First and final dividend per share | 4.0 cents per share | FY2025 proposed | PDF p. 28 |
| First and final dividend per share | 4.0 cents per share | FY2024 comparative (paid 2025) | PDF p. 28 |
| Special dividend per share | – cents per share | FY2025 | PDF p. 28 |
| Special dividend per share | 1.0 cents per share | FY2024 comparative | PDF p. 28 |
| First and final dividend resolution | To approve a first and final one-tier tax-exempt dividend of S$0.04 per ordinary share for the financial year ended 31 December 2025. | FY2025 | PDF p. 164 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| first and final dividend of 4 cents per share amounting to a total of | $19,638,000 | Company, FY2025 recommended | PDF p. 140 |
| Ordinary dividends paid | 24,455 $'000 | Company, 2025 (in respect of FY2024: 4 cents first and final plus 1 cent special) | PDF p. 140 |
Extracted from Far East Orchard Limited Annual Report 2025 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Engagement partner | Seah Gek Choo | FY2025 audit | PDF p. 78 |
| Opinion | properly drawn up in accordance with the provisions of the Companies Act 1967 | Group and Company, year ended 31 December 2025 | PDF p. 74 |
Extracted from Far East Orchard Limited Annual Report 2025 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow Far East Orchard Limited Annual Report 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
All primary monetary statements are SGD thousands; earnings per share are Singapore cents. Group and Company financial-position columns are separate. Company changes in equity are separately disclosed in the annual report.
Cash-flow interest and income taxes are split between operating, investing and financing activities as reported; they are not combined into a single activity. The financing-liability note retains non-cash interest accruals, business acquisition and currency movements.
Cash-flow notes exclude non-cash reclassification of advances to joint ventures of SGD5.822m and settlement of advances by non-cash joint-venture distributions of SGD9.718m. These are not added as cash proceeds.
Group and Company changes in equity are transcribed from rotated pages81–83 with reversible original-coordinate evidence. Other reserves for the2025 non-controlling-interest put option are retained separately; FY2024 has no corresponding printed column. Cash dividends and scrip shares remain distinct. Note11 excludes pledged bank deposits from cash equivalents. Note10 uses weighted-average ordinary shares and has no dilutive potential shares. Note29 excludes the proposed FY2025 dividend of4 Singapore cents (SGD19.638m), which is subject to approval and accounted for in FY2026; the paid dividend rows relate to the previous year. Audited scope includes Group consolidated statements and Company balance sheet and changes in equity; no separate Company income or cash-flow statement is asserted.
Five-year highlights retain FY2021–FY2025 values from the2025 report. Revenue and operating profit for FY2024 were restated following the reportable-segment update; earlier-year highlights retain the published presentation.
Each row retains its printed unit: SGD thousands, SGD per share, Singapore cents per share, percentages or gearing multiple. EPS highlights are rounded to one decimal while audited EPS is shown to two decimals.
FY2025 first and final dividend4.0 Singapore cents was proposed subject to AGM approval; it is not the cash dividend paid during FY2025, which relates to FY2024. Cash and scrip dividends are separately shown in the primary statements. Operating-profit highlights follow the report definition and are not relabelled as cash flow or net profit.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.