Lim Seong Hai Capital Bhd (LSH Capital) has kicked off its new financial year (FY26) on a strong footing, with profit after tax (PAT) rising 53.9% year-on-year to RM28.54 million in the first quarter ended Dec 31, 2025 (1Q26), backed by record quarterly revenue.
Revenue for 1Q26 surged 59.4% to an all-time high of RM154.27 million, driven mainly by several construction projects progressing into peak activity phases, alongside recurring income contributions from its facilities management business. Gross profit stood at RM49.69 million, reflecting disciplined cost management and solid project execution.
In line with its improved earnings performance and cash flow visibility, the group declared an interim single-tier dividend of 1.03 sen per share for FY26.
Non-Executive Chairman Tan Sri Lim Keng Cheng said the strong quarterly performance underscores disciplined execution across its project pipeline and a growing contribution from recurring income platforms, as the group maintains focus on sustainable growth and prudent capital deployment.
“LSH Capital continues to expand its recurring income base, anchored by the 20-year Kuala Lumpur Tower concession, which commenced on April 1, 2025.
“The group is also advancing its Morib Rejuvenation Project, comprising a golf course, hotel apartments and about 450 acres of strategic landbank, supporting longer-term, asset-backed income streams,” Lim shared.
