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LHN Limited Announces Strategic Expansion Plans for FY2025

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LHN Limited Announces Strategic Expansion Plans for FY2025

LHN Limited ( (SG:41O) ) has issued an announcement.

LHN Limited has announced its expansion plans for FY2025, highlighting significant growth across its business segments. The company reported high occupancy rates in its space optimization segment, with over 2,900 keys managed in co-living projects. It also secured numerous facilities management contracts and expanded its car park management operations, managing over 27,000 lots in Singapore. In property development, LHN issued options-to-purchase for a food factory and entered a joint venture to redevelop a property in Geylang. These strategic moves are expected to strengthen LHN’s market position and operational performance.

More about LHN Limited

LHN Limited is a Singapore-based company operating in the real estate sector, focusing on space optimization, facilities management, and property development. The company manages co-living spaces, industrial, commercial, and residential properties, and is involved in car park management and energy solutions, including solar energy and electric vehicle charging points.

YTD Price Performance: -8.00%

Average Trading Volume: 1,723,813

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: S$192.4M

For an in-depth examination of 41O stock, go to TipRanks’ Stock Analysis page.

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