LHN's stock soared 4.10% during intraday trading on Thursday, following the company's announcement of expected higher profits.

The Singapore-based company announced that it expects to record a higher net profit before tax for the first half of 2026 compared to the same period last year. The projected earnings improvement is mainly attributed to net fair value gains on the group's investment properties during the period.

This positive profit guidance has boosted investor confidence in the company's financial performance, leading to increased buying interest in the stock during the trading session.