- 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 the excerpt from report by UOB Kay Hian Research.
Clients of UOB Kay Hian may be the first to access the full report in PDF @ https://www.utrade.com.sg/.
Adrian LOH UOB Kay Hian Research | https://research.uobkayhian.com/ 2024-11-12
Previous report by UOB:
2024-09-09 Seatrium - An Ocean Of Opportunities.
Price targets by 2 other brokers at Seatrium Target Prices.
Listing of research reports at Seatrium Analyst Reports.
Relevant links:
Seatrium Share Price History,
Seatrium Announcements,
Seatrium Dividends & Corporate Actions,
Seatrium News Articles
