LHN Full Year 2024 Earnings: Beats Expectations

Simply Wall St.
28 Nov 2024

Key Financial Results

  • Revenue: S$121.0m (up 29% from FY 2023).

  • Net income: S$47.3m (up 180% from FY 2023).

  • Profit margin: 39% (up from 18% in FY 2023).

  • EPS: S$0.12 (up from S$0.041 in FY 2023).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

LHN Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 8.1%. Earnings per share (EPS) also surpassed analyst estimates by 96%.

Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 2 years, while revenues in the Real Estate industry in Singapore are expected to remain flat.

The company's share price is broadly unchanged from a week ago.

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