- The sector outlook in 2025 is promising, backed by the rollout of major projects (such as Changi T5 and MBS integrated resort expansion) and continued BTO supply ramp-up. We also expect private contract flows to improve, driven by the robust demand for the residential sector.
2024 review.
- - Read this at SGinvestors.io -
2024 results within expectations.
- The construction companies under our coverage delivered resilient 2024 earnings as three companies were within expectations. Only one company, Pan-United (SGX:P52) underperformed, while Centurion (SGX:OU8) exceeded expectations.
- - Read this at SGinvestors.io -
Earnings are set to grow in 2025.
- 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/.
Heidi Mo UOB Kay Hian Research | Singapore Research Team UOB Kay Hian Research | https://research.uobkayhian.com/ 2025-03-14
