Lum Chang Creations Limited (LCC) more than doubled its net profit to about S$11.0 million for the six months ended 31 Dec 2025, a 104 percent year-on-year surge that the specialist contractor attributed to higher work progress recognised across ongoing projects and tighter cost controls.

Revenue climbed 31 percent year-on-year (YoY) to S$53.5 million, while basic and diluted earnings per share rose to 3.52 Singapore cents from 1.92 cents. The board declared an interim dividend of 2.5 Singapore cents per share, up 13.6 percent from the 2.2 cents final payout for FY2025.

Gross profit more than doubled to S$17.9 million, lifting the margin to 33.5 percent from 21.1 percent a year earlier. LCC cited efficient cost management, better resource utilisation and economies of scale for the expansion. Administrative and general expenses increased to S$4.4 million on higher staff costs and professional fees linked to its Catalist listing.

The order book stood at about S$132 million as at end-December, underpinned by two major wins secured in November 2025—the S$31.9 million redevelopment of the Registries of Civil and Muslim Marriages Building and the S$31.5 million restoration of Orchard Road Presbyterian Church—providing revenue visibility over the next two years. Cash and cash equivalents totalled S$46.7 million following operating inflows and IPO proceeds.

Management said the business continues to face industry headwinds, including rising construction costs and labour constraints, but maintained that its asset-light model and focus on productivity improvements should mitigate pressure on margins.

Strategically, LCC has injected RM750,000 into its Malaysian subsidiary to secure an unlimited tender qualification from the Construction Industry Development Board, paving the way for larger interior fit-out and refurbishment contracts across the border. The company will also benefit from its forthcoming inclusion in the MSCI Global Micro Cap Indexes – Singapore, effective 27 Feb 2026, which it expects to enhance share liquidity and broaden its investor base.

Managing director Lim Thiam Hooi said the first-half results underline the resilience of LCC’s specialised urban-revitalisation model and the firm’s ability to grow despite a challenging operating backdrop. He noted that MSCI index inclusion validates the group’s growth trajectory and, coupled with the S$132 million order book, positions LCC to pursue new opportunities in Singapore and Malaysia while continuing to deliver on existing projects.