0252 GMT - Real-estate management company LHN seems to have limited growth drivers beyond its co-living subsidiary Coliwoo, turning CGS International analysts more bearish on its stock. While cost discipline boosted LHN's fiscal 1H earnings, the company expects its operating performance to remain stable in FY 2026, say the analysts in a note. LHN's moves to expand its self-storage and energy divisions are likely to only contribute meaningfully to earnings from FY 2027, they add. CGSI estimates LHN's core FY 2026 profit after tax and minority interests to fall around 17%, given lower contribution from the faster-growing Coliwoo business after its 2025 spinoff. CGSI cuts its rating on the stock to hold from add and trims its target price to 67 Singapore cents from S$0.88. Shares trade flat at S$0.64. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

May 24, 2026 22:52 ET (02:52 GMT)

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