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LHN’s earnings up 8.8% y-o-y to $14.1 mil for 1HFY2025; application for spin-off of Coliwoo submitted

Nicole Lim
Nicole Lim • 3 min read
LHN’s earnings up 8.8% y-o-y to $14.1 mil for 1HFY2025; application for spin-off of Coliwoo submitted
The group saw a 29.4% y-o-y increase in revenue from its property development business, and revenue growth in its co-living business. Photo: Samuel Isaac Chua/The Edge Singapore
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LHN Limited has reported earnings of $14.1 million for the 1HFY2025 ended March 31, 2025, up 8.8% y-o-y.

For the first half of the year, the group saw a 29.4% y-o-y increase in revenue to $70.6 million, due to revenue contribution from its property development business and increase in revenue from its co-living business in the space optimization business and facilities management business.

The group reported a gross profit of $40.64 million for 1HFY2025, up 23.2% y-o-y. Its gross profit margin however declined by 2.9 percentage points to 57.6%.

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