Sanli Environmental - Maybank Research 2025-09-29: Prospects Even Brighter

• We are more bullish on Sanli Environmental (SGX:1E3) than before following our NDR with management on 4 Sep’25.
• Sanli maintains a tender book valued between S$600m and S$800m. We are confident it will secure an additional S$200-300m in projects by the end of Nov’25, increasing its orderbook to ~S$500-600m.
• - Read this at SGinvestors.io -

Likely to win S$300-500m of tenders by November 2025.

• - Read this at SGinvestors.io -
• We believe Sanli has a strong likelihood of securing at least S$200-300m of these orders, nearly doubling its current orderbook. Such outcome would serve as a significant catalyst for Sanli’s growth trajectory.

Margins likely to recover in FY26E.

• Read more at SGinvestors.io.

Above is an excerpt from a report by Maybank Research.
Clients of Maybank Securities may be the first to access the full PDF report @ https://www.maybanktrade.com.sg/.

Read also Maybank's most recent report:
2025-10-17 Sanli Environmental - Imminent New Order Wins & Catalyst; BUY On Weakness.

Price targets by other brokers at Sanli Environmental Target Prices.

Listing of research reports at Sanli Environmental Analyst Reports.

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