United Overseas Australia announces interim dividend, profit surges 31%
United Overseas Australia Limited (UOS) announced an interim ordinary fully paid dividend of AUD 0.0050 per security for the half-year ending 30 June 2025. The ex-date is 15 October 2025, the record date is 16 October 2025, and the payment date is 6 November 2025. A Dividend Reinvestment Plan (DRP) is in operation, with a 5.0000% discount, and election notices are due by 21 October 2025.
The company's half-year report for 30 June 2025 reveals a profit after tax attributable to members of AUD 44,607 thousand, a 31.49% increase from AUD 33,923 thousand in the previous corresponding period. Revenue from ordinary activities also rose by 107.24% to AUD 112,989 thousand. Directors have recommended the interim dividend of 0.5 cents per share from these profits.
Operational activities include ongoing residential projects like Aster Hill (expected completion 2026, estimated GDV AUD 174 million) and Bamboo Hills Residences (launched July 2024, targeted completion 2029, estimated GDV AUD 507 million). Commercial developments include Duo Tower (launched first half 2024, targeted completion 2027, estimated GDV AUD 471 million). The Group's hospitality division also saw improved business performance.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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