Boustead Singapore - OCBC Investment Research 2025-05-13: Entering A More Uncertain World With A Substantial Order Backlog

• After Boustead’s 1HFY25 (financial year ended 31 Mar 2025) results were released, we had concerns that the company’s engineering order backlog had continued to dwindle from S$247m as at 31 Mar 2024 to S$157m as at 30 Sep 2024, of which S$107m and S$50m were booked under the Energy Engineering and Real Estate Solutions divisions, respectively.

Sizeable contract wins under the Real Estate Solutions division has helped to rebuild engineering order backlog.

• - Read this at SGinvestors.io -
• - Read this at SGinvestors.io -

Formation of vertically-integrated Pan-Asian logistics platform with Unified Industrial.

• 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:
2025-05-29 Boustead Singapore - Resilience In The Face Of Adversity.

Price targets by other brokers at Boustead Target Prices.

Listing of research reports at Boustead Analyst Reports.

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