Dyna-Mac Holdings

Dyna-Mac doubles y-o-y earnings for 1QFY2023 to $3.87 mil - THE EDGE SINGAPORE

Results

Dyna-Mac doubles y-o-y earnings for 1QFY2023 to $3.87 mil

The company’s earnings per share also increased by 89.7% to 37 cents per share, up from 19 cents per share in 1QFY2022.

Broker's Calls

Maybank Securities maintains 'buy' call on Dyna-Mac that's riding on market upcycle

yna-Mac is now trading at an ex-cash valuation of just 5.3x current year FY2023 earnings, versus global peers' 28.6x.
Dyna-Mac achieves turnaround under new CEO; poises for future in carbon capture - THE EDGE SINGAPORE

Oil & Gas

Dyna-Mac achieves turnaround under new CEO; poises for future in carbon capture

Find out how Dyna-Mac engineered a turnaround from a $58.4 million loss in FY2020 back to profitability in FY2021.
Dyna-Mac an overlooked beneficiary of O&G capex cycle: UOB KH - THE EDGE SINGAPORE

Broker's Calls

Dyna-Mac an overlooked beneficiary of O&G capex cycle: UOB KH

In 2021 and 1Q22, Dyna-Mac swung back to profitability after a large loss in 2020.

Insider moves

CEOs of Olam, Uni-Asia and independent director of Dyna-Mac raise stakes in respective companies

Olam recently completed its re-organisation into different units

Insider moves

Dyna-Mac CEO tops up stake amid new orders; directors of Multi-Chem pick up more shares

Dyna-Mac continues to receive very strong enquiries that may potentially add to its order book

Contracts

Dyna-Mac Holdings clinches new order win of $180 mil; brings net order book to record $641.1 mil

Work on the topside models will commence in 4QFY2022 with completion scheduled for 1QFY2024.
Dyna-Mac Holdings secures $8 mil in additional contracts - THE EDGE SINGAPORE

Contracts

Dyna-Mac Holdings secures $8 mil in additional contracts

The contracts are not expected to have a material impact on Dyna-Mac's financials for FY21.

Sustainability

Government, businesses lead the way but all must contribute to environmental sustainability: Masagos

SINGAPORE (Aug 27): Minister for the Environment and Water Resources Masagos Zulkifli says Singapore must work together to help mitigate climate change, even as the country explores solutions to adapt to "a new normal".

Contracts

Dyna-Mac clinches fabrication contracts for $150 mil from long-standing customers

SINGAPORE (Mar 21): Dyna-Mac Holdings announced that it has secured several fabrication contracts worth about $150 million from its long-standing customers.
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