Dyna-Mac - OCBC Investment 2024-02-26: The Best Is Yet To Be

Dyna-Mac - The Best Is Yet To Be

Dyna-Mac (SGX:NO4) | SGinvestors.ioDyna-Mac (SGX:NO4)
  • 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


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