ISOTeam's Earnings Likely to Benefit From Singapore Government Projects -- Market Talk

Dow Jones

03-21

0641 GMT - ISOTeam's earnings stand to benefit from more development and upgrading projects from the Singapore government ahead of parliamentary elections slated to be held by end-2025, RHB Research's Alfie Yeo says in a research report. The government has recently announced more projects, such as two new hawker centers, S$10 million in grants to improve coffee shop toilets, and more facilities in housing estates, the analyst notes. These projects should benefit the facilities maintenance specialist as the company could receive more orders and post stronger revenue recognition. RHB lifts its FY 2025-2027 earnings forecasts for ISOTeam by 11% for each fiscal year, and raises the target price to S$0.08 from S$0.07 with an unchanged buy rating. Shares are 1.3% lower at S$0.076. (ronnie.harui@wsj.com)

(END) Dow Jones Newswires

March 21, 2025 02:41 ET (06:41 GMT)

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The government has recently announced more projects, such as two new hawker centers, S$10 million in grants to improve coffee shop toilets, and more facilities in housing estates, the analyst notes. These projects should benefit the facilities maintenance specialist as the company could receive more orders and post stronger revenue recognition. RHB lifts its FY 2025-2027 earnings forecasts for ISOTeam by 11% for each fiscal year, and raises the target price to S$0.08 from S$0.07 with an unchanged buy rating. Shares are 1.3% lower at S$0.076. 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The government has recently announced more projects, such as two new hawker centers, S$10 million in grants to improve coffee shop toilets, and more facilities in housing estates, the analyst notes. These projects should benefit the facilities maintenance specialist as the company could receive more orders and post stronger revenue recognition. RHB lifts its FY 2025-2027 earnings forecasts for ISOTeam by 11% for each fiscal year, and raises the target price to S$0.08 from S$0.07 with an unchanged buy rating. Shares are 1.3% lower at S$0.076. (ronnie.harui@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 21, 2025 02:41 ET (06:41 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"5WF.SI","symbol_name":"ISOTEAM LTD.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2521060426","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2521060426","pubTimestamp":1742539260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0641 GMT - ISOTeam's earnings stand to benefit from more development and upgrading projects from the Singapore government ahead of parliamentary elections slated to be held by end-2025, RHB Research's Alfie Yeo says in a research report. The government has recently announced more projects, such as two new hawker centers, S$10 million in grants to improve coffee shop toilets, and more facilities in housing estates, the analyst notes. These projects should benefit the facilities maintenance specialist as the company could receive more orders and post stronger revenue recognition. RHB lifts its FY 2025-2027 earnings forecasts for ISOTeam by 11% for each fiscal year, and raises the target price to S$0.08 from S$0.07 with an unchanged buy rating. Shares are 1.3% lower at S$0.076. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"5WF.SI":"ISOTEAM LTD."},"translate_title":"ISOTeam的盈利可能受益于新加坡政府项目——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"5WF.SI":0.9},"content_text":"0641 GMT - ISOTeam's earnings stand to benefit from more development and upgrading projects from the Singapore government ahead of parliamentary elections slated to be held by end-2025, RHB Research's Alfie Yeo says in a research report. The government has recently announced more projects, such as two new hawker centers, S$10 million in grants to improve coffee shop toilets, and more facilities in housing estates, the analyst notes. These projects should benefit the facilities maintenance specialist as the company could receive more orders and post stronger revenue recognition. RHB lifts its FY 2025-2027 earnings forecasts for ISOTeam by 11% for each fiscal year, and raises the target price to S$0.08 from S$0.07 with an unchanged buy rating. Shares are 1.3% lower at S$0.076. (ronnie.harui@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 21, 2025 02:41 ET (06:41 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"code":"91000000","status":"200"}}}