engineering

SINGAPORE (Aug 8): Rotary Engineering reported 2Q17 earnings of $1.2 million, or a 43% decline from the $2 million reported in 2Q16 when profits were higher as the group reached completion on major projects.

SINGAPORE (Aug 8): Real estate group Boustead Projects announced a 5% fall in 1Q18 earnings to $5.8 million from $6.1 million a year ago on lower revenue.  

(Aug 7): There are early signs that a recovery in the local construction sector is underway. Quite a few construction and engineering companies have announced new contracts, and some are even reporting better numbers.

SINGAPORE (July 7): As one of Singapore’s oldest companies, Boustead Singapore has cycled through numerous businesses including commodity trading, tin smelting, shipping and the distribution of consumer goods.

SINGAPORE (June 14): CIMB Securities likes Starburst Holdings, an engineering group specialising in the design and engineering of defence training facilities, as a “niche defence company with high entry barriers” – and foresees a sustained turnaroun

This article appeared in Issue 782 (June 5) of The Edge Singapore.

SINGAPORE (May 25): Integrated engineering solutions provider ISDN Holdings has entered into a strategic cooperation framework agreement with Comtec Solar Systems Group, a solar energy player listed on the Hong Kong Stock Exchange (HKSE).  

SINGAPORE (May 24): CIMB Research is maintaining its “add” call on Boustead Singapore and raising its target price to 96 cents from 88 cents previously while noting a strong balance sheet for potential mergers and acquisitions (M&As).

KUALA LUMPUR (May 17): In its day, automaker Proton Holdings was a source of national pride and the centerpiece of a bold strategy by Mahathir Mohamad, Malaysia’s leader for more than two decades, to turn his country into an industrialised powerhouse

SINGAPORE (May 12): ST Engineering announced 1Q17 earnings of $103.4 mil, 6% lower from $110.2 million reported in the previous year on lower revenue.