- Dyna-Mac (SGX:NO4) posted a 32.1% growth in revenue to S$385.2m in FY23, on the back of higher progressive recognition from projects executed during the year.
Another year of impressive growth
- - Read this at SGinvestors.io -
- Dyna-Mac's FY23 gross profit and net income jumped by 58.4% and 114% to S$50m and S$28.7m, respectively. This represents a 40.8% return on equity (ROE) and basic earnings per share (EPS) of S$0.0275.
Healthy order book driven by both repeat and new customers
- - Read this at SGinvestors.io -
- As of 31 Dec 2023, Dyna-Mac’s net order book had increased to S$438.2m (31 Dec 2022: S$412m), with deliveries stretching into FY25.
Management remains optimistic of buoyant demand going forward.
- Read more at SGinvestors.io.
Above is the excerpt from report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full report in PDF @ https://www.iocbc.com/.
Ada Lim OCBC Investment Research | https://www.iocbc.com/ 2024-02-26
Read also OCBC's most recent report:
2024-04-04 Dyna-Mac - Order Wins Galore.
Price targets by 2 other brokers at Dyna-Mac Target Prices.
Listing of research reports at Dyna-Mac Analyst Reports.
Relevant links:
Dyna-Mac Share Price History,
Dyna-Mac Announcements,
Dyna-Mac Dividends & Corporate Actions,
Dyna-Mac News Articles
