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
New: Gift this subscriber-only story to your friends and family

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.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and straitstimes.com

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Follow ST on LinkedIn and stay updated on the latest career news, insights and more.