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Sanli Secures Largest Contract with S$281 Million LTA Project

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Sanli Secures Largest Contract with S$281 Million LTA Project

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The latest update is out from Sanli Environmental Ltd. ( (SG:1E3) ).

Sanli Environmental Limited has secured its largest single contract to date, valued at S$281.0 million, for the supply and installation of electrical services for the Cross Island Line Phase 1 and Punggol Extension. This contract significantly boosts the company’s order book to a record S$614.9 million and is expected to positively impact its net tangible assets and earnings per share over the project’s five-year duration, reflecting strong public sector trust and collaboration with China Railway.

More about Sanli Environmental Ltd.

Sanli Environmental Limited is a company listed on SGX-Catalist, operating in the environmental engineering industry. It provides engineering solutions with a focus on water and waste management systems, serving both public and private sectors.

Average Trading Volume: 6,228,412

Technical Sentiment Signal: Buy

Current Market Cap: S$85.04M

For a thorough assessment of 1E3 stock, go to TipRanks’ Stock Analysis page.

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