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Tiong Woon Corporation
Broker's Calls
UOB Kay Hian lowers Tiong Woon’s TP to 87 cents after FY2024 results miss expectations
Tiong Woon's FY2024 earnings stood at 86% of UOB Kay Hian's full-year estimates.
September 27, 2024
Results
Tiong Woon’s FY2024 earnings up 16% y-o-y to $18.2 mil, plans 50% higher dividend at 1.5 cents per share
The higher revenue is mainly due to the increase in contributions from the heavy lift and haulage segment.
August 28, 2024
Broker's Calls
Brokers’ Digest: HRnetGroup, Nanofilm, Bumitama Agri, Venture Corp, CAO, Japan Foods, Genting, Pan-United, Tiong Woon
See what the analysts have to say this week.
February 29, 2024
Broker's Calls
UOB Kay Hian ups Tiong Woon’s TP to 90 cents as 1HFY2024 results beat expectations
Tiong Woon's earnings for the 1HFY2024 is at 57% of UOB Kay Hian's full-year estimates.
February 21, 2024
Results
Tiong Woon records 1HFY2024 earnings of $10.8 million, up 49% y-o-y
Revenue for the period grew 14% y-o-y to $75.3 million from increased contributions from the heavy lift and haulage segment.
February 14, 2024
Contracts
Tiong Woon subsidiary awarded contract for Tuas integrated waste management facility project
Tiong Woon expects the project to contribute positively to the revenue of the subsidiary for FY2024 and FY2025.
January 02, 2024
Company in the news
Tiong Woon eyes Thailand expansion with Mammoet Asia strategic alliance
Tiong Woon has also successfully acquired various construction equipment assets from Mammoet.
December 15, 2023
Broker's Calls
Brokers' Digest: Suntec REIT, Tiong Woon, MLT, Keppel DC REIT, ComfortDelGro, Hyphens Pharma, Frencken
See what the analysts have to say this week.
October 27, 2023
Company in the news
Crane operator Tiong Woon rides post-pandemic growth cycle
Tiong Woon is poised to hitch its business to the pent-up growth of the construction as well as oil and gas sectors.
March 16, 2023
Contracts
Tiong Woon wins contract for building of new manufacturing facility
The contract is expected to contribute positively to the group’s revenue for the FY2023 and FY2024.
February 21, 2023