BREAKING:

OneApex Limited’s FY2025 results highlight a sharp reversal in financial performance, recording a net loss after tax compared to the prior year’s net profit. This major change is largely due to the recognition of significant property development revenue in the previous financial year, with the current year relying mostly on property management fees. The Group also completed the disposal of its financial services segment early in the reporting period. Management is now concentrating on selling the remaining property unit and monitoring the market for suitable acquisition opportunities.

• The substantial revenue decline for continuing operations was linked to the major recognition of property sales in the preceding financial year, with no similar sales occurring in FY2025

• The Group strategically divested its financial services operations, which are now classified as discontinued

• Due to the recorded loss, no dividend was recommended, prioritizing cash retention for future growth

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BREAKING: 

The latest financial announcement for OneApex Limited's first half of 2025 reflects a period of significant change, notably the disposal of its financial services operations. The results show a widened loss for the period compared to the previous year, impacted by both continuing and discontinued operations.

• A substantial change in the company's asset base
• Varied performance across different operating segments
• Factors such as reduced cash levels and the impact of the disposed business influencing overall cash flows

There will be an AGM on

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For more information, click here: ONEAPEX LIMITED 2024 AGM