Research from SooChow CSSD Capital Markets (Asia), SCCM Asia Research

SCCM Asia Research

Headquartered in Singapore, SooChow CSSD Capital Markets (Asia) is an investment bank focusing on emerging growth companies across Asia, providing a full suite of investment banking services, including corporate finance, mergers and acquisitions advisory, equity capital markets, institutional equities sales and trading and equities research.

Research from SooChow CSSD Capital Markets (Asia)

SooChow CSSD Capital Markets (Asia)

Equity Bottom-Up

<div><div><div><ul><li>1H22 results mixed as revenue slips, but adj. PATMI performs on JV contributions</li></ul><div><div><div><ul><li>Recent logistics business listing paves the way for increased focus on co-living</li></ul><div><div><div><ul><li>Maintain BUY with a lower TP of S$0.38/shr. In line with the recent market volatility, our revenue weighted peer-based TP falls to S$0.38/share.</li></ul></div></div></div></div></div></div></div></div></div>

1H22 results mixed as revenue slips, but adj. PATMI performs on JV contributionsRecent logistics business listing paves the way for increased focus on co-livingMaintain BUY with a lower TP of S$0.38/shr. In line with the recent market volatility, our revenue weighted peer-based TP falls to S$0.38/share.

LHN Limited - 1H22 Results In-Line as Coliwoo Picks up the Pace

LHN Ltd

LHN Limited - 1H22 Results In-Line as Coliwoo Picks up the Pace