LHN Posts 61% Higher Fiscal H2 Profit; Declares Special Dividend

MT Newswires
2024-11-26

LHN (SGX:41O, HKG:1730) reported a net profit attributable to equity owners of SG$34.3 million for the six months ended Sept. 30, 61% higher compared with SG$21.3 million in the prior year, according to a Monday filing on the Hong Kong bourse.

Basic earnings per share were SG$0.0826, compared with SG$0.0520 a year ago.

The revenue for the period grew 31% to SG$66.5 million from SG$50.8 million in the previous year's period.

The real estate management service provider declared a final dividend of SG$0.01 per share, subject to shareholders' approval.

The company also disclosed a special dividend of S$0.01 per share, which will be paid out on May 30.

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