Lincotrade & Associates - KGI Research 2026-06-11: Built For Scale, Booked For Growth

Lincotrade & Associates: Built For Scale, Booked For Growth

Published:
Lincotrade (SGX:BFT) | SGinvestors.io
  • Established in 1991 and based in Singapore, Lincotrade & Associates Holdings Limited (SGX:BFT) is an interior fitting-out specialist with more than 30 years of operating history. The Group provides interior fitting-out services, additions and alterations (A&A) works and other building construction services and has completed more than 200 projects for customers including major private property developers and construction companies in Singapore.

  • - Read this at SGinvestors.io -
  • - Read this at SGinvestors.io -
  • In FY25, Lincotrade reported revenue of S$73.6mil, up 8.5% y-o-y, mainly driven by higher commercial revenue and improved gross margins from 11.6% in FY24 to 12.5% in FY25.

Investment Thesis

Record order book underpins FY26-FY27 revenue visibility

  • Read more at SGinvestors.io.





Alyssa Tee KGI Securities Research | https://www.kgieworld.sg/ 2026-06-11



Price targets by other brokers at Lincotrade Target Prices.

Listing of research reports at Lincotrade Analyst Reports.

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






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