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Equity Bottom-Up

Soilbuild Construction / Equity Bottom-Up

<ul><li>Soilbuild delivered a stellar financial performance in 1HFY25.</li><li>The Group’s 1HFY25 net profit surged 282.9% YoY to S$28.3 million, exceeding FY24 full year net profit of $26.6 million.</li><li>1HFY25 revenue increased 77.3% YoY to S$272.8 million, while gross profit jumped 193.5% YoY to S$43.6 million, reflecting strong execution and margin improvements across both construction and precast operations.</li></ul>

Soilbuild delivered a stellar financial performance in 1HFY25.The Group’s 1HFY25 net profit surged 282.9% YoY to S$28.3 million, exceeding FY24 full year net profit of $26.6 million.1HFY25 revenue increased 77.3% YoY to S$272.8 million, while gross profit jumped 193.5% YoY to S$43.6 million, reflecting strong execution and margin improvements across both construction and precast operations.

SoilBuild Construction Group Limited: Soilbuild’s 1HFY25 Earnings Soar Past FY24

Equity Analyst - Asia Consumer Sector, Investory

Devi Subhakesan

Equity Analyst - Asia Consumer Sector

ASIA CONSUMER: INSIGHTS AND INVESTMENT IDEAS

Investory

Investory is a Singapore-based boutique independent equity research firm founded in January 2017 with a primary focus on consumption themes across Asia-Pacific.

We aim to generate investible ideas based on consumption trends and outlook. We screen our ideas on several parameters - product potential, long-term growth and management commitment being the most critical.  We follow a fundamental analysis approach in our stock selection process and are not restricted by market cap.

We aspire to grow into a leading source of unbiased research, free of conflict of interest, for investors yearning for independent and disciplined analysis. 

We also undertake bespoke research mandates to support our Institutional clients’ investment needs.

Our team comprises of professionals with extensive experience in the Asian equity markets, in areas ranging from research, servicing institutional clients and investment management.

<ul>
<li>Singapore’s small- and mid-cap equities have surged over the past month, defying a generally cautious macroeconomic backdrop.</li>
<li>The rally is widely linked to expectations of significant capital inflows from the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme (EQDP).</li>
<li>A firm Singapore dollar and comparatively attractive dividend yields have further supported investor interest in these stocks.</li>
</ul>


Singapore’s small- and mid-cap equities have surged over the past month, defying a generally cautious macroeconomic backdrop.
The rally is widely linked to expectations of significant capital inflows from the Monetary Authority of Singapore’s (MAS) Equity Market Development Programme (EQDP).
A firm Singapore dollar and comparatively attractive dividend yields have further supported investor interest in these stocks.


55 SGX Stocks Up >15% in a Month – EQDP Attracting Investor Attention

SGX Market Strategist, Equity & Fixed Income, Singapore Exchange Ltd (SGX)

Geoff Howie

SGX Market Strategist, Equity & Fixed Income

Asia’s leading multi-asset exchange

Singapore Exchange Ltd (SGX)

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most international and connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and ASEAN.

As Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

Headquartered in AAA-rated Singapore, SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

<ul><li>Soilbuild Construction's revenue surged 58.4% in FY2024, driven by a S$647.5 million PSA Supply Chain Hub contract.</li><li>The Construction division contributed 81.5% to total revenue, while Precast and Prefabrication grew by 87.1% in FY2024.</li><li>Soilbuild Construction generated S$35.9 million in operating cash flow in FY2024, improving liquidity for ongoing projects.</li></ul>

Soilbuild Construction's revenue surged 58.4% in FY2024, driven by a S$647.5 million PSA Supply Chain Hub contract.The Construction division contributed 81.5% to total revenue, while Precast and Prefabrication grew by 87.1% in FY2024.Soilbuild Construction generated S$35.9 million in operating cash flow in FY2024, improving liquidity for ongoing projects.

10 in 10 with Soilbuild Construction - Rooted in tradition, leading in green building

<ul><li>After carving out a niche in specialised buildings, Soilbuild Construction is making major moves in digitalisation and sustainability to boost growth.</li><li>Its Executive Director and Chief Executive Officer Lim Han Ren explains.</li><li>As a builder for more than 48 years, Soilbuild Construction will continue to innovate and support the growth of this industry.”.</li></ul>

After carving out a niche in specialised buildings, Soilbuild Construction is making major moves in digitalisation and sustainability to boost growth.Its Executive Director and Chief Executive Officer Lim Han Ren explains.As a builder for more than 48 years, Soilbuild Construction will continue to innovate and support the growth of this industry.”.

kopi-C with Soilbuild Construction’s CEO: ‘Catalysing Growth as a Green Builder’

<ul><li>In 1H24, nearly half the stocks that saw their average daily turnover (ADT) more than triple CY23 levels represented the Industrials and Consumer Cyclical Sectors.</li><li>Soilbuild Construction has seen its ADT grow 10-fold in 1H24, from CY23 levels, while the stock generated a 210% price gain.</li><li>The 20 stocks with both the highest 1H24 ADT and 1H24 ADT that at least tripled CY23 levels, are tabled below.</li></ul>

In 1H24, nearly half the stocks that saw their average daily turnover (ADT) more than triple CY23 levels represented the Industrials and Consumer Cyclical Sectors.Soilbuild Construction has seen its ADT grow 10-fold in 1H24, from CY23 levels, while the stock generated a 210% price gain.The 20 stocks with both the highest 1H24 ADT and 1H24 ADT that at least tripled CY23 levels, are tabled below.

Stocks with Significant Trading Turnover Growth in 1H24  

Singapore

Soilbuild Construction Group Ltd is involved in in general building and construction.  The Company is principally engaged in building works in Singapore in which they act as the main contractor. In addition, they are also engaged in architectural works in Singapore in which they act as a direct contractor, and project management services.

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Soilbuild Construction (SOIL SP)

SoilBuild Construction Group Limited: Soilbuild’s 1HFY25 Earnings Soar Past FY24

Soilbuild delivered a stellar financial performance in 1HFY25. The Group’s 1HFY25 net profit surged 282.9% YoY to S$28.3 million...

SAC Capital

55 SGX Stocks Up >15% in a Month – EQDP Attracting Investor Attention

List of 55 SGX stocks (> USD 100 mn Mkt cap) that appreciated more than 15% in the past month - likely driven by anticipated impact of fund inflows...

Devi Subhakesan

10 in 10 with Soilbuild Construction - Rooted in tradition, leading in green building

Soilbuild Construction's revenue surged 58.4% in FY2024, driven by a S$647.5 million PSA Supply Chain Hub contract. The Construction division...

Singapore Exchange Ltd (SGX)

kopi-C with Soilbuild Construction’s CEO: ‘Catalysing Growth as a Green Builder’

After carving out a niche in specialised buildings, Soilbuild Construction is making major moves in digitalisation and sustainability to boost...

Singapore Exchange Ltd (SGX)

Stocks with Significant Trading Turnover Growth in 1H24

In 1H24, nearly half the stocks that saw their average daily turnover (ADT) more than triple CY23 levels represented the Industrials and Consumer...

Singapore Exchange Ltd (SGX)

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