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Tiong Woon Corporation Holding Ltd ( (SG:BQM) ) has provided an update.
Tiong Woon Corporation Holding Ltd reported a robust revenue growth of 14% to $163.5 million for FY2025, driven mainly by its Heavy Lift and Haulage segment. The company also saw a 6% increase in net profit attributable to equity holders, reaching $19.2 million. Despite a slight decrease in gross profit margin due to the sales mix, TWC plans to increase its dividend by 17% to 1.75 cents per share. The company’s strategic focus on renewing and expanding its fleet aims to strengthen its competitive advantage and market presence amid geopolitical and trade uncertainties.
The most recent analyst rating on (SG:BQM) stock is a Buy with a S$1.00 price target. To see the full list of analyst forecasts on Tiong Woon Corporation Holding Ltd stock, see the SG:BQM Stock Forecast page.
More about Tiong Woon Corporation Holding Ltd
Tiong Woon Corporation Holding Ltd is a mainboard-listed company and a leading one-stop integrated heavy lift specialist and service provider. The company focuses on heavy lift and haulage services, aiming to enhance operational efficiency and customer satisfaction in Singapore and regional markets.
Average Trading Volume: 304,827
Technical Sentiment Signal: Buy
Current Market Cap: S$178.8M
For detailed information about BQM stock, go to TipRanks’ Stock Analysis page.