LSH Capital six-month earnings surge 124%

TheStar Sat, Jun 04, 2022 07:20am - 1 year View Original


Speaking after the board meeting to approve the unaudited financial statement, non-executive chairman Tan Sri Lim Keng Cheng (File pic) said: “We are delighted with the results and it proves the capability of the group in delivering results to its customers, clients and all stakeholders."

KUALA LUMPUR: Lim Seong Hai Capital Bhd (LSH Capital) posted a revenue of RM65.43mil, a 57.25% increase, in the first half-year ended March 31, 2022, compared with RM41.61mil in the same period last year.

The growth was mainly supported by the consolidation of LSH BEST Builders Sdn Bhd, which was acquired in October 2021.

The group’s profit after tax increased by 123.7% to RM12.44mil from RM5.56mil previously.

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