Pollux Properties Ltd. Issues Profit Guidance for 1H2025

Pollux Properties Ltd. has released a profit guidance update for the financial period ended 30 June 2025 (1H2025), indicating that the Group is expected to report a loss for this period. The announcement provides insights into the preliminary financial performance and outlines key factors contributing to the anticipated loss. This article summarizes the highlights and implications for investors based on management’s disclosure.

Key Factors Affecting 1H2025 Performance

• Foreign Exchange Losses: The depreciation of the Indonesian Rupiah against the Singapore Dollar negatively impacted reported results.
• Decreased Other Income: The previous period (1H2024) benefited from a one-off gain on disposal of an investment property. This gain was absent in 1H2025, resulting in lower other income.
• Increased Expenses: Marketing and distribution expenses rose due to higher commissions paid to third-party property agents, linked to the completion of investment property disposals in the current period.
• Higher Income Tax Expense: The company faced increased income tax expenses due to underprovision in the prior year and higher taxable income from the investment properties segment in 1H2025.

Comparative Financial Table

The company has not yet released specific financial figures for revenue, net profit, or earnings per share (EPS) for 1H2025. As a result, a detailed comparison table cannot be provided at this time. The full unaudited financial results are expected on or before 14 August 2025.

Exceptional Items and One-Off Events

• The previous year’s results (1H2024) were positively affected by a one-off gain from the disposal of an investment property. This non-recurring income led to a higher base for comparison and is a key driver of the expected year-over-year decline in performance.

Outlook and Upcoming Announcements

• Pollux Properties Ltd. is still finalizing its 1H2025 financial results, with more details to be released in mid-August 2025.
• Shareholders are advised to exercise caution in trading the company’s shares until the official results and more comprehensive details are available.

Conclusion

Based strictly on the contents of the company’s profit guidance, Pollux Properties Ltd. faces a weak financial outlook for 1H2025. The absence of last year’s exceptional gains, adverse currency movements, higher expenses, and increased tax provisions have all contributed to the expected loss. Investors should await the full unaudited results for a clearer assessment but are advised to be cautious given the negative tone and the highlighted risk factors affecting short-term performance.

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