Lum Chang Creations has announced a remarkable 72% increase in its net profit for the financial year 2026, reaching S$22.3m. This surge comes as the company, in its first year as a listed entity, expanded its gross profit margin to 35.5% from 19.7% in the previous year. The Board has proposed a final dividend of 1.0 Singapore cent per share, resulting in a total payout ratio of approximately 65%.
The company’s order book stands at approximately S$141.7m, providing strong revenue visibility. A notable achievement for Lum Chang Creations was securing a new S$32.9m contract for Teck Ghee Station in July 2026. Additionally, the company successfully transferred its listing to the Mainboard of the Singapore Exchange (SGX) on 16 July 2026.
Managing Director Lim Thiam Hooi stated, “FY2026 was a defining year for Lum Chang Creations. In our first year as a listed company, we grew net profit attributable to equity holders of the Company by 72%, expanded our margins significantly and secured new contracts across the public and private sectors.”
With a robust order book and a strong balance sheet, Lum Chang Creations is well-positioned for sustainable growth. The company aims to continue creating long-term value for its shareholders, leveraging its expanded presence in Malaysia. The transfer to the SGX Mainboard underscores the company’s solid fundamentals and the confidence of its shareholders.
