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An update from Mooreast Holdings Ltd. ( (SG:1V3) ) is now available.
Mooreast Holdings Ltd. has successfully completed a significant upgrade project for a multi-buoy mooring system in the Gulf of Thailand, expected to contribute approximately S$8.8 million to the company’s revenue in the first half of 2025. This achievement highlights Mooreast’s growing capabilities in handling large-scale projects in the oil and gas sector, with current order levels indicating a promising revenue outlook for the upcoming financial period.
More about Mooreast Holdings Ltd.
Mooreast Holdings Ltd. operates within the oil and gas industry, specializing in mooring solutions. The company focuses on delivering advanced mooring systems, catering to the demands of the sector.
YTD Price Performance: 18.18%
Average Trading Volume: 53,000
Technical Sentiment Signal: Sell
Current Market Cap: S$33.67M
See more insights into 1V3 stock on TipRanks’ Stock Analysis page.