Seatrium - UOB Kay Hian 2024-11-12: Keep On Keeping On

Seatrium - Keep On Keeping On

Published:
Seatrium (SGX:5E2) | SGinvestors.io
  • Seatrium’s 3Q24 business update showed that it continues to execute well on its projects.
  • After the end of the quarter, the company signed an LOI for a US$400m EPC project from a Japanese client with the potential award of the contract in 1Q25.
  • - Read this at SGinvestors.io -

A relatively uneventful 3Q24 business update.

  • See Seatrium's announcement dated 11 Nov 2024 – Seatrium’s business update was relatively uneventful with the key highlights being deliveries of three major projects to its customers year-to-date.
  • - Read this at SGinvestors.io -
  • As at end- 3Q24, Seatrium’s net orderbook stood at S$24.4b, with deliveries out to 2031.

LOI worth US$400m with Penta-Ocean.

  • Read more at SGinvestors.io.



Above is an excerpt from a report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full PDF report @ https://www.utrade.com.sg/.



Adrian LOH UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-11-12



Read also UOB's most recent report:
2025-03-21 Seatrium - Well-positioned To Take Advantage Of Growth Opportunities.

Previous report by UOB:
2025-02-24 Seatrium - Strong Results Point To An Undimmed Outlook.

Price targets by 3 other brokers at Seatrium Target Prices.

Listing of research reports at Seatrium Analyst Reports.

Relevant links:
Seatrium Share Price History,
Seatrium Announcements,
Seatrium Dividend Payout Dates & Corporate Actions,
Seatrium News






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