Lum Chang Creations' net profit balloons 104% to $11m in H1 2026

Revenue and profit surge as the company posts H1 gains.

Lum Chang Creations Limited (LCC) reported a 104% jump in net profit to $11.0m for the first half of 2026, up from $5.4m a year ago, with earnings per share rising to 3.52 cents from 1.92 cents.

Revenue increased 31% to $53.5m, which it attributed to the increased work progress seen across the Group's ongoing projects.

The company also reported its gross profit surging 108% to $17.9m, with its gross profit margin notable expanding to 33.5% from 21.1%. This was largely driven by its efficient cost control, resource use, and economies of scale.

Administrative expenses rose to $4.4m due to staff and professional fees linked to the July 2025 Catalist listing. Total assets grew to $80.0m from $67.2m.

LCC declared an interim dividend of 2.5 cents per share, up 13.6%, payable 9 March 2026.

The order book reached $132m, including the $31.9m redevelopment of the Registries of Civil and Muslim Marriages Building and the $31.5m Orchard Road Presbyterian Church project.

Cash and equivalents stood at $46.7m, supported by operations and IPO proceeds.

The company joined the MSCI Global Micro Cap – Singapore Index effective 27 February 2026 and invested $245,000 (RM750,000) in its Malaysian subsidiary to pursue interior fit-out tenders.

(RM1 = S$0.327)

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