LHN Limited -Tapping into evolving real-estate trends December 1, 2021 FY21 results were below expectations. FY21 revenue and PATMI at 89%/84% of our forecasts. Revenue from commercial and residential properties and facilities management were lower than expected. Maintain BUY with a lower TP of S$0.49 from S$0.54. We roll over our P/E target to FY22e […]

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