LHN Ltd. Reports 29.4% Increase in Group Revenue and 8.8% Rise in Profit Attributable to Shareholders for 1H2025

Reuters
May 15, 2025
<a href="https://laohu8.com/S/01730">LHN</a> Ltd. Reports 29.4% Increase in Group Revenue and 8.8% Rise in Profit Attributable to Shareholders for 1H2025

LHN Ltd. has released its financial results for the first half of 2025, reporting a group revenue of S$70.6 million, marking a 29.4% increase from S$54.5 million in the same period of 2024. The gross profit for the period reached S$40.6 million, up from S$33.0 million in the previous year, representing a 23.2% increase. However, the gross profit margin saw a decline to 57.6% from 60.5%, a decrease of 2.9 percentage points. Profit attributable to shareholders was recorded at S$14.1 million, an 8.8% rise compared to S$13.0 million in 1H2024. The total dividend per share remained unchanged at 1.0 Singapore cents. The company provided a detailed segmental revenue breakdown, indicating a significant contribution from the residential segment, which increased by 15.1% to S$23.7 million. The industrial segment also showed a modest growth of 2.9%, while the commercial segment experienced a decline of 47.1%. Additionally, the facilities management segment reported an increase of 12.6% in revenue. The company is actively engaged in property development, which contributed S$12.1 million to the group revenue in 1H2025, a segment not reflected in the previous year's results. LHN Ltd. continues to optimize its space optimization and facilities management businesses to enhance profitability and sustain growth.

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