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LHN Limited records 117.4% y-o-y surge in 1HFY2022 earnings of $32.2 mil on fair value gains

Felicia Tan
Felicia Tan5/12/2022 10:31 PM GMT+08  • 3 min read
LHN Limited records 117.4% y-o-y surge in 1HFY2022 earnings of $32.2 mil on fair value gains
The group says it is expecting to launch new Coliwoo properties in Singapore. Photo: Samuel Isaac Chua/The Edge Singapore
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Real estate management services group LHN Limited has reported earnings of $32.2 million, 117.4% higher y-o-y for the 1HFY2022 ended March.

Basic earnings per share (EPS) for the period stood 113.9% higher y-o-y at 7.87 cents.

During the period, revenue fell 8.2% y-o-y to $59.2 million, due to the y-o-y declines in its commercial business and facilities management business.

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