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Brokers’ Digest: Apac Realty, Beng Kuang Marine, Singtel, Bumitama Agri, YZJ Shipbuilding, Ever Glory United, DFI Retail

The Edge Singapore
The Edge Singapore • 14 min read
Brokers’ Digest: Apac Realty, Beng Kuang Marine, Singtel, Bumitama Agri, YZJ Shipbuilding, Ever Glory United, DFI Retail
Apac Centre. Photo: Samuel Isaac Chua/The Edge Singapore
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Apac Realty
Price target:
DBS Group Research ‘buy’ 80 cents

Anticipating margin expansion and earnings rebound

DBS Group Research is keeping its “buy” call on Apac Realty, while significantly increasing its target price to 80 cents from 50 cents previously, following its recent 1HFY2025 ended June 30 results, which saw earnings surge 176.4% y-o-y to $11.3 million. Revenue was 28.8% higher y-o-y at $341.5 million.

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