Lum Chang's Attributable Profit Doubles in Fiscal H1; Shares Plunge 8%

MT Newswires

02/13

Lum Chang's (SGX:L19) net attributable profit to equity holders climbed 108% in the fiscal first half ended Dec. 31, 2025, to SG$7.3 million from SG$3.5 million a year earlier, according to a Thursday filing with the Singapore Exchange.

Shares of the property management and construction company were down over 8% in Friday trading.

Earnings per share came in at SG$0.0194 compared with SG$0.0093 in the year-ago period.

Revenue dropped 8% year over year to SG$220.6 million from SG$239.0 million, mainly due to lower revenue from the construction segment.

The company declared an interim dividend of SG$0.005 per share and a special interim dividend of SG$0.015 per share for the period.

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