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Beng Kuang Marine Secures S$15.9 Million in New Contracts

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Beng Kuang Marine Secures S$15.9 Million in New Contracts

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Beng Kuang Marine Ltd. ( (SG:BEZ) ) has issued an announcement.

Beng Kuang Marine Limited has secured new projects worth S$15.9 million under its Infrastructure Engineering Division, boosting its total contract value to S$22.1 million. These contracts are expected to enhance the company’s financial performance and market positioning, providing revenue visibility and validating its strategic efforts to expand its deck equipment and shipbuilding activities.

The most recent analyst rating on (SG:BEZ) stock is a Hold with a S$0.50 price target. To see the full list of analyst forecasts on Beng Kuang Marine Ltd. stock, see the SG:BEZ Stock Forecast page.

More about Beng Kuang Marine Ltd.

Beng Kuang Marine Limited, founded in 1994 and listed on the Singapore Exchange since 2004, operates in the marine industry. The company focuses on infrastructure engineering, particularly in deck equipment and shipbuilding, and aims to strengthen its market positioning and business resiliency.

Average Trading Volume: 2,317,907

Technical Sentiment Signal: Strong Buy

Current Market Cap: S$63.41M

For an in-depth examination of BEZ stock, go to TipRanks’ Overview page.

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