LHN on track for market re-rating with strong profit outlook

The LHN of today is the brainchild of Kelvin Lim, its executive chairman and group managing director. BT PHOTO: YEN MENG JIIN
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SINGAPORE - One doesn't usually see Singapore-listed companies providing strong earnings guidance. But Catalyst-listed LHN Group did just that, fulfilling its obligations under Hong Kong Stock Exchange listing rules.

On April 20, it announced that it expected a significantly higher net profit before tax for 1HFY2021 of no less than S$17 million, compared to S$3.8 million for the six months ended March 31, 2020.

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