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BRC Asia
Results
BRC Asia reports record earnings of $93.5 mil for FY2024, up 23% y-o-y
The group’s revenue saw a 9% y-o-y decrease to $1.5 billion, due to weakening steel prices.
9 days ago
Broker's Calls
UOB downgrades BRC Asia to 'hold' but expects strong finish to FY2024
Analysts Llelleythan Tan and Heidi Mo have also lowered their target price estimate to $2.29 from $2.42 previously.
September 12, 2024
Broker's Calls
CGSI highlights construction names BRC Asia, Hong Leong Asia, Pan-United after National Day Rally speech
The construction sector is a potential beneficiary, say CGS International analysts Lock Mun Yee and Lim Siew Khee.
August 20, 2024
Broker's Calls
CGSI lowers TP on BRC Asia after 3QFY2024 core net profit miss
Analysts Ong Khang Chuen and Kenneth Tan have also lowered their EPS estimates from FY2024 to FY2026.
August 12, 2024
Results
BRC 3QFY2024 profit after tax up 51% y-o-y on disposal, revenue down 17% y-o-y
“Project offtake from ongoing projects remained generally disappointing over the last six months,” says CEO Seah Kiin Peng.
August 06, 2024
Broker's Calls
UOBKH keeps ‘buy’ and TP unchanged on BRC Asia, sees bullish medium-term outlook
UOBKH sees BRC Asia as a strong proxy for Singapore's construction sector due to its dominant market share.
June 21, 2024
Broker's Calls
CGS International lifts BRC Asia’s target price to $2.50 following higher 1HFY2024 dividend
CGS International raises target price on BRC Asia to $2.50 from $2.30 previously.
May 10, 2024
Results
BRC Asia reports 1HFY2024 earnings of $38.5 mil, up 47% y-o-y
BRC Asia's order book as at end-March was $1.3 billion
May 08, 2024
Company in the news
BRC Asia proposes $16.1 mil acquisition of 19.9% stake in Angkasa Daehan Steel
The acquisition is not expected to have any material impact on BRC's net tangible assets or the earnings per share for FY2024.
April 23, 2024
Broker's Calls
Brokers’ Digest: StarHub, Keppel DC REIT, IHH Healthcare, Elite Commercial REIT, CLAS, E-LOG, Sats, BRC Asia, Delfi, LHN
See what the analysts have to say this week.
April 19, 2024