Link: https://links.sgx.com/1.0.0/corporate-announcements/FQ14Z4QX64LPSXLS/349d9e90dc6ad9614c4f047918e05380f52098a5e6d4f0d56ea8f090436a9d09

Summary:

• Group Revenue: S$462.9 million (down 8% from S$500.4m in FY2024), due to lower construction activity from completed projects and reduced Malaysia property sales; partially offset by a sharp jump in restoration and interior fit-out revenue (+85% to S$105.3m).

• Gross Profit: S$53.3 million (up 30% from S$41.1m); gross margin rose to 11.5% (from 8.2%), with better contributions across segments.

• Net Profit (attributable to owners): S$15.6 million (up 112% from S$7.4m).

• Total Net Profit: S$18.7 million (up 102% from S$9.3m).

• EPS: 4.16 cents (from 1.96 cents).

• Net Asset Value: 44.66 cents/share (up from 43.12c).

• Dividend: Interim 2.0c/share (paid), final dividend 1.0c/share and special dividend 1.0c/share proposed (total 4.0c/share, up from 1.5c/share in FY2024), subject to AGM approval.

• Balance Sheet: Cash ballooned to S$80.1m (from S$50.7m); borrowings fell to S$40.0m (from S$67.6m); net assets S$173.5m.

• Order Book: S$1.09 billion as of 30 June 2025—robust pipeline in construction and fit-out.

Segment Highlights:

• Restoration & interior fit-out: S$105.3m revenue (+85%), reflecting project wins/completions and future business from newly spun-off fit-out unit.

• Construction: S$342.1m (down 19%), due to completion and lower progress billing of big jobs.

• Property: S$14.4m (down 35%), on fewer Malaysia home sales.

Outlook: Strong construction pipeline, high cash, low gearing. Management expects tight margins and labour, but aims for growth through project wins, order book, and new fit-out business (listed as Lum Chang Creations for post-period spin-off). Price and record dates for dividends to be announced.Lum Chang Holdings Limited FY2025 (ended 30 June 2025):

• Revenue: S$462.9m (down 8%)

• Net Profit (Owners): S$15.6m (up 112%)

• EPS: 4.16 cents (up 112%)

• Gross Profit: S$53.3m (up 30%, margin 11.5%)

• Net Asset Value/share: 44.66 cents (up from 43.12c)

• Total Cash: S$80.1m (up from S$50.7m)

• Order Book: S$1.09b (as of 30 June 2025)

• Borrowings: Down sharply to S$40.0m

• Dividends: Interim paid 2.0c/share, final 1.0c and special 1.0c (total 4.0c/share, up from 1.5c last year) subject to AGM approval

Segment Highlights:

• Restoration & Interior Fit-Out up 85% (S$105.3m), Construction down 19%

• Outlook: Strong order book, robust cash, low gearing support plans for growth. Margins likely to stay tight given industry competition and cost pressures, but group to focus on execution and selective project wins.

Extra: Newly spun-off fit-out business, Lum Chang Creations, to drive segment growth. Dividends (final/special) record and payment dates TBA.