Singapore's OKP Holdings H1 net profit rises 43.8%

OKP Holdings

11/08/2026 12:30

Overview
Singapore infrastructure and civil engineering firm's H1 net profit rose 43.8% yr/yr
H1 revenue grew 9% and gross profit increased 33.1%
Company declared special interim dividend to mark 60th anniversary

Outlook
Company says order book of S$727.3 mln provides revenue visibility with projects to 2031
OKP Holdings plans to build order book with transport infrastructure and civil engineering projects
Company to explore property developments and strategic partnerships to diversify earnings base

Result Drivers
HIGHER MARGIN PROJECTS - Co said gross profit margin improved due to a greater proportion of higher margin projects and improved project execution
SEGMENT GROWTH - Construction and maintenance segments drove revenue growth, with increases of 9.5% and 11.0% respectively
OTHER GAINS - Co recorded other gains of S$2.3 mln in 1H2026, mainly due to lower losses on asset disposals and foreign exchange

Company press release: ID:nSN4MHX3f

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
 
S$27.30 mln
 
H1 Gross Profit
 
S$42.80 mln
 

Analyst Coverage
The one available analyst rating on the shares is "buy"
The average consensus recommendation for the construction & engineering peer group is "buy"
Wall Street's median 12-month price target for OKP Holdings Ltd is S$0.98, about 23.3% above its August 11 closing price of S$0.80

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)