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

• 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 an excerpt from a report by OCBC Investment Research.
Clients of OCBC Securities may be the first to access the full PDF report @ https://www.iocbc.com/.

Read also OCBC's most recent report:
2024-10-25 Dyna-Mac - Accept The Offer.

Previous report by OCBC:
2024-09-12 Dyna-Mac - A Phoenix Risen From The Ashes Warrants A Greater Glow.

Price targets by 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 Dividend Payout Dates & Corporate Actions,
Dyna-Mac News