Through its other subsidiaries, TSE also carries and distributes a wide range of third-party electrical products in Singapore, supporting the needs of local contractors and manufacturers; provides independent testing and inspection services for construction projects in Singapore, Malaysia, and Indonesia; and manufactures electrical switchboards in Brunei.
UOB Kay Hian is keeping an eye on Tai Sin Electric (TSE), a market-leading supplier of electric cables and wires (C&W) in Singapore. In an unrated report dated Oct 6, analyst Roy Chen believes that the company is a key beneficiary of the upbeat infrastructure demand in the region.
The group has production bases in Singapore, Malaysia and Vietnam that supports sales in the region. In its FY2025 ended June 30, C&W contributed to 86% of TSE’s operating profit.
