LHN(01730)Strong operating performance in the third quarter, benefited from continued growth in spatial optimization business.
The Zhito Finance APP news, LHN (01730) released an announcement, Mr. Lin Longtian, Chairman and Executive Director of Xian Neng Group Limited, and Group Director General, said: "We are pleased to report the excellent operating performance of the third quarter of the 2025 fiscal year driven by the continuous growth of our core business. Our Space Optimization Division and its Coliwoo portfolio have maintained high occupancy rates, and we have further expanded co-living supply, as well as added the Huts Resort located at 159 Jalan Loyang Besar. Our facility management business also achieved stable growth, signing new contracts and renewing existing contracts, while our energy division continues to expand its renewable energy generation capacity. The delisting from the Hong Kong Stock Exchange and the proposed spin-off of Coliwoo for independent listing are strategic measures to streamline our operations, enhance shareholder value, and focus on future development trajectory."
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