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An update from Reclaims Global Limited ( (SG:NEX) ) is now available.
Reclaims Global Limited reported a significant increase in revenue for the year ending January 31, 2025, with a notable rise in its excavation services segment. This growth is attributed to increased market demand and successful project wins, particularly in the public and private sectors. The company aims to sustain this momentum by enhancing its project bidding capabilities. Additionally, Reclaims Global is strategically positioned to access national infrastructure tenders, such as the Changi Airport Terminal 5 project, through its subsidiary’s registration with the Building and Construction Authority, which considers factors like capital, net worth, and performance history.
More about Reclaims Global Limited
Reclaims Global Limited, incorporated in Singapore, operates in the construction industry, offering services such as excavation. The company focuses on both public and private sector projects, leveraging its experience and cost control as competitive advantages.
Average Trading Volume: 9,233
Technical Sentiment Signal: Buy
Current Market Cap: S$39.3M
For an in-depth examination of NEX stock, go to TipRanks’ Stock Analysis page.