LHN - Phillip Securities Research 2026-05-28: Co-Living Franchise Scaling Faster

• LHN (SGX:41O)'s 1HFY26 results were within expectations. Revenue/adj. PATMI were 43%/49% of our FY26e forecasts. Revenue declined 14% due to the absence of property development revenue. The interim LHN's dividends was unchanged at 1 cent.

• - Read this at SGinvestors.io -

The Positive

(+) Strong growth in Coliwoo portfolio.

• Coliwoo revenue increased 17% y-o-y to S$26.9mil on the back of a 38% jump in room keys. 2HFY26 is expected to perform stronger as Coliwoo Midtown ramps up occupancy.

The Negative

(-) Property development weakness.

• - Read this at SGinvestors.io -

Outlook

• Read more at SGinvestors.io.

Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

Previous report by Phillip:
2025-12-08 LHN - Steeper Growth Ahead.

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