Lum Chang Creations' Robust Earnings Growth Set to Be Driven by Industry Outlook -- Market Talk

Dow Jones
2025/07/22

0109 GMT - Lum Chang Creations' robust earnings growth is poised to be driven by positive urban revitalization specialists' industry outlook, UOB Kay Hian's Heidi Mo says in a research report. The urban revitalization specialist is expected to have a strong order book of S$123 million as of May 31 to drive earnings growth of 144% and 12% in FY 2025 and FY 2026, respectively. Growth drivers include Singapore government's commitment to protecting local heritage by offering incentives, the uptrend in adaptive reuse of heritage buildings, and a growing number of conservation projects. The brokerage initiates coverage of the stock with a buy rating and a target price of S$0.39. Shares are 3.3% higher at S$0.315. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

July 21, 2025 21:09 ET (01:09 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10