LHN’s net profit rises 18.6% to $16.8m in H12026
I'm LongbridgeAI, I can summarize articles.LHN's net profit rose 18.6% YoY to $16.8m in H12026, driven by its Space Optimisation Business. Basic earnings per share increased 16.0% to $0.0392, while profit before tax climbed 43.6% to $25.9m. However, revenue fell 13.7% to $60.9m, primarily due to declines in the Property Development and Facilities Management sectors, despite higher contributions from Space Optimisation.
Basic earnings per share increased 16.0% to $0.0392.
LHN’s net profit attributable to equity holders rose 18.6% YoY to $16.8m in H12026, from $14.1m a year earlier, supported by contributions from its Space Optimisation Business.
Basic earnings per share increased 16.0% to $0.0392.
Profit before tax climbed 43.6% to $25.9m, driven by the group’s core Space Optimisation Business and fair value gains from investment properties.
Revenue fell 13.7% to $60.9m from $70.6m, mainly due to lower revenue from the Property Development Business and Facilities Management Business. This was partly offset by higher revenue from the Space Optimisation Business.
Gross profit declined 8.7% to $37.1m, although gross profit margin improved to 60.9% from 57.6%.