- ISOTeam (SGX:5WF)'s 1HFY2024 (Jul to Dec 2023) revenue came in at S$62.7m, a 16.5% y-o-y increase, largely attributable to the Group’s divestment of non-core businesses in December 2022 and its sharpened focus on its core construction-related segments.
1HFY2024’s Strong Performance driven by Strategic Focus
- - Read this at SGinvestors.io -
- 1HFY2024 gross profit margin increased y-o-y to 13.3% from 9.3%, due to significant fewer low-margin pandemic projects. This has led to the improvement in net profit to S$1.4m, a 34.0% y-o-y increase.
- - Read this at SGinvestors.io -
Strong Order Book
- Read more at SGinvestors.io.
Ng Ming Ci, Daniel SAC Capital Research | Matthias Chan SAC Capital | https://www.saccapital.com.sg/ 2024-04-30
Read also SAC's most recent report:
2024-08-29 ISOTeam - Stellar FY24 Performance With Strong Growth Prospects.
Previous report by SAC:
2024-07-23 ISOTeam - H3 Dynamics Drone Incident ~ Negligible Impact On ISOTeam.
Price targets by other brokers at ISOTeam Target Prices.
Listing of research reports at ISOTeam Analyst Reports.
Relevant links:
ISOTeam Share Price History,
ISOTeam Announcements,
ISOTeam Dividends & Corporate Actions,
ISOTeam News Articles