- Pan-United (SGX:P52) reinforced its position as Singapore’s leading ready-mix concrete (RMC) supplier, commanding an around 40% market share. In 1H25, revenue rose 4.3% y-o-y to S$401.1m, supported by higher RMC volumes.
Scale and smarts drive margin resilience.
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- Pan-United's AiR Digital logistics platform, which optimises fleet productivity and reduces idle time, has been instrumental in sustaining margin gains even amid rising manpower and rental costs.
Strong project visibility.
- Pan-United has secured S$430m worth of ready-mix supply contracts for Changi Airport Terminal 5, which will span five years. This enhances earnings visibility and reflects Pan-United’s ability to capture marquee infrastructure works. The group is also engaged across a wide spectrum of projects, including public housing launches, healthcare facilities, mixed-use developments, and MRT expansions.
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Building for construction boom.
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