In her Feb 20 report, Lim likes SIAEC for several reasons including its “constructive” outlook for its maintenance, repair and overhaul (MRO) business.
Analysts are upbeat over SIA Engineering Co’s (SIAEC) outlook after the company reported a net profit of $125.2 million for the 9MFY2026 ended Dec 31, 2025, 17% higher y-o-y. SIAEC’s 3QFY2026 net profit rose by 9.7% y-o-y to $41.9 million.
OCBC Investment Research’s Ada Lim has upgraded her rating to “buy” from “hold” as SIAEC’s 9MFY2026 results “met expectations” with its basic earnings per share (EPS) for the nine months at 75.1% of her full-year forecast.
