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Four Singapore Companies That Achieved Double-Digit Profit Growth

by bullnews
January 8, 2025
in Investing
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Four Singapore Companies That Achieved Double-Digit Profit Growth
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When a business thrives, its stock price is likely to rise as a result. So, savvy investors aiming for sound investment opportunities should take a close look at companies that are boosting their profits and cash flow. Over time, these stocks may see their values go up, offering you the chance for considerable capital gains. On top of that, when a company experiences higher profits and generates more cash, it might also increase its dividend payouts.

Let’s delve into four stocks that have recently posted significant profit increases compared to the same period in the past.

LHN Ltd (SGX: 41O)

LHN Ltd is a real estate management services company, operating through four main divisions: space optimization, property development, facilities management, and energy. The group has delivered impressive financial results for the fiscal year ending on September 30, 2024. Their revenue surged by 29.2% from the previous year, reaching S$121 million. Similarly, their gross profit rose by 20% to S$62.2 million, while net profit (including both continuing and discontinued operations) increased by 23.8%, amounting to S$47.3 million…

Tags: AchievedCompaniesDoubleDigitGrowthProfitSingapore
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