Broker Name: PSPL

Date of Report: (Date not explicitly stated in the provided extract; inferred to be post-FY25 earnings announcement)

Excerpt from PSPL report.

Report Summary

• LHN’s 2H25 earnings exceeded expectations, mainly driven by strong growth in its co-living segment, Coliwoo, with substantial room expansion plans underway.
• PSPL maintains a BUY rating, adjusting valuation methodology post-Coliwoo listing, and expects higher dividend yields and new growth avenues, keeping valuations attractive.

Above is an excerpt from a report by PSPL. Clients of PSPL can be the first to access the full report from the PSPL website : https://www.phillip.com.sg