Lum Chang Forecasts Improved Net Profit in Fiscal H1; Shares Surge 10%
MT Newswires
Jan 16
Lum Chang (SGX:L19) is expecting to a book a significant improvement in its net profit for the fiscal first half ended Dec. 31, 2025, according to a Thursday filing with the Singapore Exchange.
Shares of the interior fit-out and construction company were up over 10% in Friday trading.
The company has attributed the increased profit to increased operating performance from its restoration and interior fit-out business.
Meanwhile, the financials are expected to be released on or about Feb. 12.
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