Frasers Property Diversified Growth slide image

Frasers Property Diversified Growth

Improved PBIT mainly from residential developments and hospitality operations Improved earnings from operations partially offset by net fair value loss • Improved PBIT was mainly due to higher contributions from residential business, maiden contribution from the acquisition of the stake in NEX as well as improved results from hospitality operations Revenue FY23 FY22 • Higher interest rates adversely affected net earnings • Net³ fair value losses on business parks assets in the UK and I&L assets in Australia and the EU, partially offset by fair value gains from a retail-cum-hospitality property in Singapore PBIT Rivière, Singapore We are Frasers Property Financial Highlights Change S$3,947.1 m S$3,877.0 m ▲ 1.8% S$1,313.2 m S$1,249.2 m ▲ 5.1% APBFE1 S$350.3 m S$398.8 m ▼ 12.2% Fair Value ("FV") Change (net) (S$153.3 m) S$462.7 m N/M Exceptional Items ("El") (S$23.9 m) S$66.8 m N/M Attributable Profit S$173.1 m S$928.3 m ▼ 81.3% Basic earnings per share ("EPS") before FV change and El² 7.7 cents 8.7 cents 11.5% Basic EPS after FV change and El² 3.1 cents 22.2 cents 86.0% 1. Attributable profit before fair value change and exceptional items. 2. Calculated by dividing attributable profit (after distributions to perpetual securities holders) over weighted average number of ordinary shares on issue. 3. Net of gains and losses. 25 55
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