LHN Limited Income Statement

Financials in millions SGD. Fiscal year is October - September.

Millions SGD. Fiscal year is Oct - Sep.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Rental Revenue	131.49	121.02	93.64	84.46	120.98
Total Revenue	131.49	121.02	93.64	84.46	120.98
Revenue Growth (YoY	8.65%	29.23%	10.87%	-30.18%	-9.86%
Property Expenses	55.92	58.81	41.78	34.5	54.43
Selling, General & Administrative	37.65	24.7	32.31	33.09	34.27
Total Operating Expenses	94.1	83.73	74.52	67.93	88.92
Operating Income	37.39	37.29	19.13	16.53	32.05
Interest Expense	-10.87	-11.82	-8.9	-4.5	-4.86
Interest & Investment Income	1.88	2.44	1.89	1.44	1.35
Income (Loss) on Equity Investments	3.61	8.94	1.73	15.44	3.67
Currency Exchange Gain (Loss)	-0.68	-1.06	-1.45	0.9	-0.07
Other Non-Operating Income	13.34	4.41	8.82	12.69	7.29
EBT Excluding Unusual Items	44.66	40.2	21.22	42.5	39.42
Gain (Loss) on Sale of Investments	-0.34	-	7.24	-	-
Gain (Loss) on Sale of Assets	-0.03	0.07	0.08	0.02	0.24
Asset Writedown	-18.1	10.45	-7.91	7.94	-11.6
Other Unusual Items	0.07	0.7	2.36	4.66	6.19
Pretax Income	26.27	51.42	22.98	55.12	34.26
Income Tax Expense	4.9	3.55	4.07	4.98	5.4
Earnings From Continuing Operations	21.37	47.87	18.92	50.14	28.86
Earnings From Discontinued Operations	-	-	21.3	-2.62	-
Net Income to Company	21.37	47.87	40.22	47.51	28.86
Minority Interest in Earnings	-1.3	-0.58	-2.01	-1.68	-0.8
Net Income	20.07	47.29	38.21	45.84	28.06
Net Income to Common	20.07	47.29	38.21	45.84	28.06
Net Income Growth	-57.57%	23.76%	-16.64%	63.34%	16.23%
Basic Shares Outstanding	421	412	409	409	404
Diluted Shares Outstanding	421	412	409	409	404
Shares Change (YoY)	2.25%	0.77%	-	1.17%	0.44%
EPS (Basic)	0.05	0.11	0.09	0.11	0.07
EPS (Diluted)	0.05	0.11	0.09	0.11	0.07
EPS Growth	-58.50%	22.81%	-16.64%	61.45%	15.72%
Dividend Per Share	0.020	0.020	0.020	0.016	0.018
Dividend Growth	-	-	25.00%	-8.57%	40.00%
Operating Margin	28.43%	30.82%	20.43%	19.57%	26.50%
Profit Margin	15.26%	39.08%	40.80%	54.27%	23.20%
EBITDA	41.75	44.24	26.58	24.73	39.24
EBITDA Margin	31.75%	36.56%	28.38%	29.28%	32.44%
D&A For Ebitda	4.36	6.95	7.45	8.2	7.19
EBIT	37.39	37.29	19.13	16.53	32.05
EBIT Margin	28.43%	30.82%	20.43%	19.57%	26.50%
Effective Tax Rate	18.66%	6.90%	17.69%	9.04%	15.76%

Source: S&P Global Market Intelligence. Real Estate template. Financial Sources.