0724 GMT - ISOTeam's earnings outlook appears brighter, Maybank Research's Jarick Seet says in a report. The analyst cites Singapore's continuing construction upcycle, the facilities maintenance specialist's strong order book and the company CEO's share purchases. The deployment of the company's artificial-intelligence drone painting solution could also lift margins, the analyst says. ISOTeam is currently the only contractor with this solution locally, which could cut costs by 30%-40%, Seet says. The brokerage lifts its FY 2026 and FY 2027 forecasts for the company's profit after tax and minority interests by 8.0% and 11.5%, respectively. It raises the stock's target price to S$0.104 from S$0.090, with an unchanged buy rating. Shares are 1.3% lower at S$0.077. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
March 25, 2025 03:24 ET (07:24 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。