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LHN earnings down 16.6% to $38.2 mil in FY2023 despite revenue growth

Bryan Wu
Bryan Wu • 2 min read
LHN earnings down 16.6% to $38.2 mil in FY2023 despite revenue growth
LHN has announced a special and final dividend of 1.0 cent each per share, bringing total dividends for FY2023 to 3.0 cents. Photo: Samuel Isaac Chua/The Edge Singapore
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LHN Group 41O has reported earnings of $38.2 million for its FY2023 ended Sept 30, down 16.6% compared to its earnings of $45.8 million in FY2022.

Including discontinued operations, earnings per share for FY2023 came to 9.34 cents, down from 11.21 cents last year.

Following the disposal of LHN Logistics on Aug 28, LHN recorded earnings from discontinued operations of $19.7 million in FY2023.

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