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LHN Full Year 2024 Earnings: Beats Expectations

In This Article:

LHN (SGX:41O) Full Year 2024 Results

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).

earnings-and-revenue-growth
SGX:41O Earnings and Revenue Growth November 26th 2024

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.

Performance of the Singaporean Real Estate industry.

The company's shares are down 1.2% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 5 warning signs for LHN (2 can't be ignored!) that you need to be mindful of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.