The group’s order book has also more than doubled since the start of 2025, from $230 million to more than $500 million currently, with ongoing work to secure several tenders to grow its order book.
Analysts Linus Choo and Chan En Jie of Lim and Tan Securities are unchanged on KSH Holdings (KSH) with their “accumulate” call and target price of 51 cents.
They note that the group’s 1HFY2026 ended September 30, 2025 numbers have delivered a recovery in both top-and-bottom-lines, driven by an increase in construction revenue, better margins and decline in losses from its four joint-venture (JV) Singapore development projects.
