Lifetime Membership Since 2020, LHN share price rocketed 270%, making it one of the best performers among SGX small cap. Whilst the supersonic form of LHN share price is certainly impressive, I suspect this counter is largely under the radar of most Singapore investors given the prevalent market’s preference to invest in US tech stocks or STI stocks. In this article, I will share my thesis on LHN share price and analyze if this local homegrown company is worth to invest in.
In my course of identifying local companies doing Electric Vehicle (EV) charging system, my research led me to LHN. In my previous article, I wrote that CSE Global has this capability but CSE’s business focus is largely in the US market whereas LHN’s Energy Business mainly focuses in Singapore market. What caught my eye was the performance of LHN’s Energy Business, which recorded 190% year-on-year increase in revenue for FY2024, making this business segment the best performer among the Group’s diversified business portfolio.
Before proceeding with the breakdown on LHN’s financial performances in recent years, it may be useful for investors to have a better understanding of LHN’s business profile. The Singapore company has a history dating back to 1991, with its core capability in space optimisation.
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