WestProp Holdings Reports 16.3% Revenue Growth Following Subsidiary Consolidation

WestProp Holdings reported robust performance for the half-year ended June 30, 2026, with group revenue rising 16.3% to US$14.91 million. This growth resulted from the first-time consolidation of Sunshine Developments, Electro Properties, and Brick Fusion Manufacturing into the group's accounts. Millennium Heights generated US$5.19 million, while Pomona City contributed US$4.99 million, reflecting a 21.3 percent year-on-year increase. The company also approved a 100-for-3 share split to enhance market liquidity.

The revenue increase was supported by strong buyer demand for Pomona City Walk-Up Flats, though gross margin narrowed to 50.2% due to margin dilution at Millennium Heights. Despite this, Pomona City achieved a 19.7 percentage-point margin expansion to 57.7%. The consolidation of subsidiaries and the share split affect the company's financial structure and market valuation.