Strong Profitability MarginsConsistently strong gross, net, EBIT and EBITDA margins indicate durable pricing power and effective cost controls across projects. That margin profile supports reinvestment in developments, funds growth initiatives, and provides resilience against cyclical real estate slowdowns over months.
Solid Equity Position And High ROEA high equity ratio and strong ROE reflect a stable capital structure and efficient use of shareholders' capital. This durability reduces solvency risk, improves access to financing on favorable terms, and supports sustained project execution and dividend capacity over the medium term.
Recurring Rental Income And Positive Free Cash FlowAnnuity-like rental and mall lease revenues create steady cash inflows that diversify earnings away from cyclical project sales. Positive free cash flow enhances liquidity to fund new projects, repay debt, or return capital, strengthening financial flexibility over several months.