CGS International analyst William Tng has initiated an “add” call on Sanli Environmental (SGX:1E3) as he likes the company’s earnings prospects from FY2025 to FY2028. (SGX:D05
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Sanli, which was listed on the Catalist board in July 2017, is a locally-owned company that can be seen as a pure-play on Singapore’s water and waste management scene. Given that the Singapore government is continuing to spend on water-related works, including an estimated $100 billion that needs to be spent to protect the city-state from rising sea levels, Sanli’s management believes this presents further opportunities for the company, Tng notes.
Sanli, which was listed on the Catalist board in July 2017 Shanghai Turbo Enterprises (SGX:AWM) he likes the company’s earnings prospects from FY2025 to FY2028.
