LHN expects weaker net profit before tax in 2025
The company linked this to the absence of fair value gains on investment properties.
LHN Limited issued a profit guidance for the year ended 30 September 2025, flagging lower net profit before tax compared with FY2024 despite stronger core profit before tax excluding fair value changes.
The board said the decline was mainly due to the absence of net fair value gains on the Group’s and its joint ventures’ investment properties, which had lifted FY2024 results.
The company will release its full FY2025 financials in due course in line with SGX requirements. The board cautioned that the guidance is based on preliminary unaudited figures and may be subject to adjustments. Shareholders and investors were advised to exercise caution when trading the company’s securities.