- Excluding non-recurring items, LHN’s 1HFY25 core net profit of S$15.4m was largely within our expectation and accounts for about 47% of our full year forecast. This was primarily driven by contribution from its Space Optimisation and Property Development segments.
- - Read this at SGinvestors.io -
Co-living business remains key growth engine.
- In 1HFY25, overall revenue grew 29.4% y-o-y to S$70.6m. On a segmental basis, turnover from Space Optimisation Business rose 6% y-o-y to S$38.1m, mainly due to stronger top-line contributions from the co-living properties (+15.1% y-o-y), but partially offset by a decrease from commercial properties (-47.1% y-o-y).
- - Read this at SGinvestors.io -
Contribution from property development business.
- Read more at SGinvestors.io.
Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.
Eric Ong Maybank Research | https://www.maybanktrade.com.sg/ 2025-05-16
Read also Maybank's most recent report:
2026-05-25 LHN Ltd - Exploring New Growth Avenues; 1HFY26 Boosted By Gain From Subleases.
Previous report by Maybank:
2026-03-22 LHN - Broad-based Momentum; Robust Occupancies In 1QFY26.
Price targets by 2 other brokers at LHN Target Prices.
Listing of research reports at LHN Analyst Reports.
Relevant links:
LHN Share Price History,
LHN Announcements,
LHN Dividend Payout Dates & Corporate Actions,
LHN News
