Lum Chang Creations Limited, a leading urban revitalisation specialist in Singapore, has announced a significant financial performance for the fiscal year ending 30 June 2025. The company reported a 93% increase in revenue, reaching S$113.6m, up from S$59.0m in FY2024. This growth was driven by ongoing and new projects. Net profit also saw a remarkable rise of 140%, totalling S$13.5m compared to S$5.6m in the previous year.
The company’s gross profit rose to S$22.4m, with a gross profit margin improvement from 18.1% to 19.7%. This was largely due to procurement savings. The net profit margin increased by 3.4 percentage points to 11.4%, reflecting Lum Chang Creations’ focus on operational efficiency.
The company maintains a strong order book of S$112.8m as of 30 June 2025, providing solid revenue visibility. Additionally, the board has proposed a dividend of 2.2 Singapore cents per share, representing a 53.7% payout ratio, subject to shareholder approval.
Lum Chang Creations is well-positioned to capitalise on opportunities from the Urban Redevelopment Authority’s masterplan, which promotes the adaptive reuse of heritage buildings. The company aims to leverage its expertise in conservation and restoration to meet rising demand in this sector.
Managing Director Lim Thiam Hooi stated, “Our strong financial performance in FY2025 is a testament to the dedication of our team and the trust our clients have placed in us.” The successful IPO has bolstered the company’s financial standing, enabling it to pursue new opportunities confidently.
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