tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Tower REIT Reports Increased Q1 Revenue and Profit

Story Highlights
  • Tower REIT’s Q1 revenue rose to MYR 10.389 million, with profit before tax at MYR 2.763 million.
  • The company showed improved profitability and stable asset value, enhancing stakeholder confidence.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tower REIT Reports Increased Q1 Revenue and Profit

TipRanks Black Friday Sale

GuocoLand Limited ( (SG:F17) ) has issued an announcement.

Tower Real Estate Investment Trust (Tower REIT) has reported its financial results for the first quarter ending September 30, 2025. The company, which operates in the real estate investment sector, recorded a revenue of MYR 10.389 million, up from MYR 10.058 million in the same period last year. Profit before tax also increased to MYR 2.763 million from MYR 1.979 million. The basic earnings per share rose to 0.56 subunits from 0.40 subunits, while the net assets per share slightly increased to 1.1618 MYR from 1.1601 MYR. However, no dividend was declared for the period. This financial performance indicates a positive growth trajectory for Tower REIT, reflecting improved profitability and stable asset value, which could enhance stakeholder confidence.

The most recent analyst rating on (SG:F17) stock is a Hold with a S$2.50 price target. To see the full list of analyst forecasts on GuocoLand Limited stock, see the SG:F17 Stock Forecast page.

More about GuocoLand Limited

Average Trading Volume: 363,009

Technical Sentiment Signal: Buy

Current Market Cap: S$2.24B

See more insights into F17 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1