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

MT Newswires09:42

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.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment