• Revenues from ordinary activities up 86.1% to $195,131,000
• Profit from ordinary activities after tax up 238.2% to $53,348,000
• Net tangible assets per security up to $2.80
• Stable rental income with 100% home occupancy
• Development EBITDA margin of 43%

Gemlife Communities Group, a leading developer and operator of premium resort-style living communities for homeowners aged 50 and over, has reported robust financial results for the half-year ended 30 June 2026. The company's total revenue from ordinary activities surged by 86.1% to $195.1 million, while profit from ordinary activities after tax jumped 238.2% to $53.3 million. The company's net tangible assets per security increased to $2.80, reflecting strong financial performance. Additionally, Gemlife maintained stable rental income with a 100% occupancy rate across its 2,324 occupied homes. The company's development EBITDA margin stood at 43%, indicating efficient operational performance. The financial report also highlighted key metrics such as an increase in the average sales price of new homes and a rise in the number of sales in hand.

Revenues from ordinary activities up 86.1% to $195,131,000

Gemlife Communities Group is optimistic about its future growth prospects, driven by its strategy to organically expand its development pipeline and enhance its vertically integrated business model.