- 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.
- - Read this at SGinvestors.io -
- 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.
- - Read this at SGinvestors.io -
Building for construction boom.
- 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 | https://research.uobkayhian.com/ 2025-09-11
Previous report by UOB:
2024-08-30 Pan-United Corporation - Strong 1H24 Results Reflect Singapore’s Construction Boom.
Price targets by other brokers at Pan United Target Prices.
Listing of research reports at Pan United Analyst Reports.
Relevant links:
Pan United Share Price History,
Pan United Announcements,
Pan United Dividend Payout Dates & Corporate Actions,
Pan United News
