Newly-listed Lum Chang Creations earnings surge to $12.9 mil for FY2025; proposes final dividend of 2.2 cents

This growth was primarily driven by additional revenue from ongoing projects and the commencement of new projects during FY2025.

LCC’s gross profit rose to $22.4 million in FY2025, mainly attributable to procurement savings from ongoing and new projects. As such, gross profit margin grew 1.6 percentage points to 19.7%.

Cash balances as at June 30 stood at $27 million, with cash generated from operations rising to $22.6 million in FY2025.

The group’s order book stood at $112.8 million as at June 30.

See also: Fortress Minerals earnings decline to US$4.44 mil in 1HFY2026 from lower average realised selling price of iron ore

LCC’s board of directors has proposed a final dividend of 2.2 cents per share, representing 53.7% of earnings.

Shares in LCC closed 0.5 cents higher or 0.917% up at 55 cents on Aug 29.