LHN Limited (SG:41O) has released an update.
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LHN Limited anticipates a significant increase in net profit before tax for the financial year ending September 2024, projecting at least S$50 million from continuing operations, compared to S$44.3 million the previous year. This growth is driven by improved performance in its co-living business and gains from investment properties, though offset by the absence of previous one-off gains. Investors are advised to exercise caution and seek advice as these figures are preliminary assessments.
For further insights into SG:41O stock, check out TipRanks’ Stock Analysis page.
