Kuala Lumpur, 27 August 2025 – Lim Seong Hai Capital Berhad (LSH Capital) delivered another robust set of results for its third quarter ended 30 June 2025 (3QFY25), driven by solid performances from its property development and construction divisions, alongside growing recurring income from its facilities management arm.
For the quarter, the Group recorded revenue of RM121.9 million, gross profit (GP) of RM45.1 million, and profit after tax (PAT) of RM24.9 million, translating to a healthy GP margin of 37.0% and PAT margin of 20.4%.
Year-on-Year and Quarter-on-Quarter Growth
- YoY Growth (3QFY25 vs. 3QFY24):
- Revenue surged 96.6% from RM62.0 million.
- Gross profit nearly doubled (+98.6%) from RM22.7 million.
- PAT soared 140.1% from RM10.3 million.
- QoQ Growth (3QFY25 vs. 2QFY25):
- Revenue increased 14.3% from RM106.6 million.
- Gross profit improved to RM45.1 million (+3.7%).
- PAT grew 14.4% from RM21.7 million.
The strong growth was attributed to accelerated construction progress, stronger sales conversion in property development, and enhanced cost efficiencies.
Diversification and Recurring Income
LSH Capital’s diversification strategy continued to bear fruit, with its facilities management segment contributing stable recurring earnings. Notably, the Kuala Lumpur Tower concessionaire operations added a steady income base, boosting revenue visibility.
Margins also improved on the back of procurement discipline, operating efficiency, and cost control measures.
Management Commentary
Tan Sri Datuk Seri Lim Keng Cheng, Non-Executive Chairman of LSH Capital, highlighted the success of the Group’s integrated business model:
“This quarter’s results demonstrate the strength of our integrated model and disciplined execution. Revenue and earnings advanced on the back of project delivery across construction and property development, coupled with the first quarter of contributions from our Kuala Lumpur Tower concession. Our BEST Collaboration Framework continues to ensure safe, timely delivery, cost control, and selective capital deployment, positioning us to compound value through cycles.”
Dividend Declaration
Reflecting confidence in its outlook and cash flow, the Group declared an interim single-tier dividend of 0.89 sen per share. The dividend entitlement date is 17 September 2025, with payment scheduled for 26 September 2025. This brings total dividends declared for FY2025 to 2.34 sen.
Outlook
With recurring income streams complementing its property and construction core, LSH Capital remains well-positioned for sustainable growth. Its focus on execution, cost discipline, and capital efficiency underpins confidence in continued earnings momentum going into the final quarter of FY2025.
