OKP Holdings - CGS-CIMB Research 2023-05-26: Potentially Higher Dividends In FY24

OKP Holdings - Potentially Higher Dividends In FY24

Published:
OKP (SGX:5CF) | SGinvestors.ioOKP (SGX:5CF)
  • OKP Holdings (SGX:5CF) is a transport infrastructure and civil engineering group in Singapore. It is founded in 1966 and listed on the SGX in 2002.
  • As at Feb 2023, OKP had a net orderbook of ~S$454.1m, the highest in its history, according to its FY22 Annual Report.
  • - Read this at SGinvestors.io -
  • road-related maintenance; and
  • rental income from its diversification into property development and investment.
  • According to OKP’s FY22 Annual Report, it specialises in the construction of airport runways and taxiways, expressways, flyovers, vehicular bridges, and roads, among other things. OKP also carries out maintenance works for roads and road-related facilities as well as provides building construction-related works.
  • - Read this at SGinvestors.io -
    • OKP Holdings (SGX:5CF) is a transport infrastructure and civil engineering group in Singapore. It is founded in 1966 and listed on the SGX in 2002.
    • As at Feb 2023, OKP had a net orderbook of ~S$454.1m, the highest in its history, according to its FY22 Annual Report.
    • OKP's 3 business segments are:
      1. construction (contributed ~69.6% to total revenue in FY22, as per its 2022 Annual Report);
      2. road-related maintenance; and
      3. rental income from its diversification into property development and investment.
    • According to OKP’s FY22 Annual Report, it specialises in the construction of airport runways and taxiways, expressways, flyovers, vehicular bridges, and roads, among other things. OKP also carries out maintenance works for roads and road-related facilities as well as provides building construction-related works.
    • According to OKP's announcement on 14 Jul 2017, a road viaduct under construction collapsed at the Pan-Island Expressway (PIE) to the Tampines Expressway (TPE) in Singapore, killing one worker and injuring 10 others.
      • Read more at SGinvestors.io.




      Above is the excerpt from research report by CGS-CIMB.
      Clients of CGS-CIMB may access the full report in PDF @ https://www.itradecimb.com.sg/.




      William TNG CFA CGS-CIMB Research | Izabella TAN CGS-CIMB Research | https://www.cgs-cimb.com 2023-05-26



      Price targets by other brokers at OKP Target Prices.

      Listing of research reports at OKP Analyst Reports.

      Relevant links:
      OKP Share Price History,
      OKP Announcements,
      OKP Dividends & Corporate Actions,
      OKP News Articles





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