138 Student Living is reporting strong financial and operational results, as the company positions itself for continued long-term growth.
Chairman Ian Parsard told shareholders at the Annual General Meeting that the company delivered solid earnings growth, high occupancy levels and improved operational performance during the 2025 financial year.
For the year ending September 30, the company recorded net profit of $266 million on revenue of $1.4 billion, reflecting significant improvement over the previous year.
Management says the strong performance was driven by near-full occupancy levels across its student housing facilities and improved operational efficiency.
Meanwhile, 138 Student Living says it remains engaged in discussions with the University of the West Indies regarding outstanding matters related to Irvine Hall.
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