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PropNex Service You Trust SINGAPORE PROPNEX LIMITED - PROPNEX'S 3Q2021 NET PROFIT AFTER TAX MORE THAN DOUBLE TO S $ 15.5 MILLION Revenue doubled to S $ 234.4 million with strong cash position of S $ 123.7 million Salesforce in Singapore first to cross 10,000 - mark , solidifying position as Singapore's largest real estate agency Company aims to pay out 75 % to 80 % of its FY2021 profits to shareholders as dividends Collective Sales Division gaining momentum , Lakepoint Condo tender closing in December 2021 Sets up PropNex Real Estate Salespersons Chapter - Agents ' Voice Matters to champion real estate salespersons ' welfare and professionalism Financial Highlights of the Group S $ ' 000 3Q2021 3Q2020 % Change 9M2021 9M2020 % Change Revenue 234,410 117,930 98.8 715,467 358,376 99.6 Gross Profit 24,723 13,058 89.3 75,837 40,220 88.6 PBT 18,733 8,591 118.1 60,136 27,497 118.7 NPAT 15,489 7,231 114.2 49,853 23,211 114.8 EPS ( in cents ) 3.89 1.83 112.6 12.37 5.84 111.8 Singapore , 10 November 2021 – PropNex Limited ( " PropNex ” , or the " Company " , and together with its subsidiaries , the “ Group ” ) , Singapore's largest listed real estate agency , today reported a net profit after tax ( " NPAT ” ) of S $ 15.5 million for the third quarter ended 30 September 2021 ( " 3Q2021 ” ) , more than double the NPAT of S $ 7.2 million in the previous corresponding period ( " 3Q2020 ” ) . This was achieved on the back of S $ 234.4 million in revenue , up 98.8 % from S $ 117.9 million in the previous corresponding period . Page 1 of 5