29-08-2011, 02:21 PM
I thought LCH's FY11 (ended 30Jun11) full-year results (first released last Friday, 26Aug11) are good enough and worth highlighting.....
http://info.sgx.com/webcoranncatth.nsf/V...800375726/$file/LCHfull_yr_results.pdf?openelement
LCH's well-established Construction division continued to deliver above-average profitability at the OP level. With a large order backlog of approx. $1.0b, this division should be kept very busy - and hopefully as profitable! - in the next 3 years at least.
LCH's Property Development & Investment division has started marketing its residential property development projects in Malaysia (mainly in KL). As the development sites are large and were acquired at quite low prices some years back, profit contribution potential from this division should be quite good and sustainable in the next few years as well.
As similar to last FY10, a $0.02/share Final dividend has been declared for FY11, which gives a highly respectable yield of 7.4% based on LCH's last done share price of $0.27.
More info on LCH.....
http://www.lcbc.com.sg/
http://info.sgx.com/webcoranncatth.nsf/V...800375726/$file/LCHfull_yr_results.pdf?openelement
LCH's well-established Construction division continued to deliver above-average profitability at the OP level. With a large order backlog of approx. $1.0b, this division should be kept very busy - and hopefully as profitable! - in the next 3 years at least.
LCH's Property Development & Investment division has started marketing its residential property development projects in Malaysia (mainly in KL). As the development sites are large and were acquired at quite low prices some years back, profit contribution potential from this division should be quite good and sustainable in the next few years as well.
As similar to last FY10, a $0.02/share Final dividend has been declared for FY11, which gives a highly respectable yield of 7.4% based on LCH's last done share price of $0.27.
More info on LCH.....
http://www.lcbc.com.sg/