IN BRIEF: Aseana Properties swings to profit but NAV falls back

Aseana Properties Ltd - Jersey-based property development company focused on Vietnam and Malaysia ...

Alliance News 24 April, 2026 | 8:54PM
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Aseana Properties Ltd - Jersey-based property development company focused on Vietnam and Malaysia Swings to pretax profit of USD13.6 million in 2025 from USD5.5 million loss the year prior, as revenue shoots up to USD14.4 million from USD2.9 million. Bottom line also benefits from foreign exchange gain of USD13.3 million compared to USD3.1 million in 2024. Net asset value per share as December 31 was USD0.19 down from USD0.24 the year before. Focus in 2025 was on preserving cash balances, safeguarding ownership of remaining assets, and raising funds and bank refinancing. Asset sales remains a strategic option, but in a "measured manner so as not to compromise shareholder value." No dividend was declared or paid in the financial years 2025 and 2024.

Current stock price: USD0.06

12-month change: down 33%

By Jeremy Cutler, Alliance News reporter

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Aseana Properties Ord 0.07 USD -6.67 -

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