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19 Aug 2025
Lum Chang Creations Issues Positive Profit Guidance for FY2025
Link: https://links.sgx.com/1.0.0/corporate-announcements/T813YV30G5PBABFG/6af8480f5981829050b9f27c31851cea8d2b24dae50c4fa33a7fdaaeefa8c6c7
Summary:
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The Group expects a significant improvement in profit before tax (PBT) for the financial year ended 30 June 2025, compared to FY2024.
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Profit growth is mainly driven by increased revenue from better progress in ongoing projects and commencement of several newly awarded projects in FY2025.
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The financial results are still being finalized and will be announced by 29 August 2025.
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Shareholders and investors are advised to exercise caution and seek professional advice if in doubt about their investment decisions.