LHN Forecasts At Least SG$50 Million Net Profit Before Tax for Fiscal 2024; Shares Rise 4%

MT Newswires

2024/11/18

LHN (SGX:41O, HKG:1730) expects to book a net profit before tax of at least SG$50 million from continuing operations for the year ended Sept. 30, according to a filing with the Singapore Exchange on Friday.

The management consulting company has attributed this to an increase in profit from its co-living business and net fair value gains from investment properties.

Shares of the company were up over 4% in recent trading.

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