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The Assembly Place: Delivers Strong Maiden Results With 24.2% Growth In Adjusted NPAT & 42.4% Surge In Revenue.

30 Mar 2026 07:10

Stellar topline of approximately S$27.0 million driven by increase in key count from 2,106 as at 31 December 2024 to 3,422 as at 31 December 2025, with average occupancy rate at 94.4% during the year. Achieves solid adjusted NPAT growth of 24.2% to S$7.7 million. Kicks off FY2026 having secured additional properties which are expected to add approximately 1,490 keys to its portfolio over the next 2 years, with new projects and acquisition including the Group's first migrant workers' dormitory with 886 beds and a property at 163 Tras Street to be converted into a 163-room hotel...

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Source: ShareInvestor Express