LHN’s net profit rises 18.6% to $16.8m in H12026

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%.

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