Mapletree Investments posted a net profit of S$285.6 million for the financial year ended March 31, 2026, up 25.7% from S$227.2 million a year earlier [1, 2]. The improvement was driven largely by a narrowing of net revaluation and impairment losses, which fell to S$153.9 million from S$325 million in FY2024/25, with properties in China accounting for the largest share of revaluation losses [1, 2].
Revenue for the year held steady at about S$2.2 billion, while recurring profit after tax and minority interests increased by 2.7% to S$622.8 million. This increase was aided by lower net finance costs and resilient underlying operations [1, 2].
Mapletree generated gross proceeds of S$4.2 billion from asset divestments during FY2026, reflecting ongoing capital recycling efforts [1, 2]. Fee income rose to S$434 million, marking a compound annual growth rate of 22.1% since 2005 [1, 2].
As of March 31, 2026, assets under management (AUM) stood at S$76.2 billion with third-party managed assets accounting for 73% or S$55.7 billion, down slightly from 75% or S$60.3 billion a year before [1, 2]. Total equity remained stable at S$24.3 billion without new shareholder equity injections, near the S$24.4 billion reported in FY2024/25 [1, 2]. Mapletree reported an average return of about 10% on invested equity over the last 20 years [1, 2].
Group CEO Hiew Yoon Khong said, "Mapletree delivered stable earnings and continued to execute its business strategy with discipline and prudence amid ongoing macroeconomic and geopolitical uncertainties." He added that the group "accelerated the development programme of our global logistics platform across multiple markets and continued to recycle capital, syndicate assets and grow our fee-based businesses to deliver resilient earnings in FY2026" [1].
Mapletree will continue focusing on expanding its global logistics development programme, recycling capital, syndicating assets, and growing fee-based businesses [1, 2]. The firm announced its FY2026 results on June 2, 2026 [1, 2].
