LHN Limited (SG:41O) has released an update.
LHN Limited has reported a strong revenue growth of 27.2% year-on-year for the first half of 2024, driven by a surge in demand for its Coliwoo co-living spaces. Despite a notable increase in revenue, net profits fell by 14.6% due to the lack of one-time gains from the previous year. The company has also transferred its listing to the Mainboard of SGX-ST and maintained its interim dividend at 1.0 Singapore cent.
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