OKP Holdings’ $433m order book to grow ‘mega jobs’ up for grabs

The company earned S$4.9m in Q3 despite a 30% revenue slump.

And according to DMG, gross profit margin surged from 19.4% to 32.4% on the back of cost savings in design-and-build construction projects.

Here’s more from DMG:

OKP, Singapore's only listed road specialist, reported 3Q earnings of S$4.9 million (+8.3% YoY), which is in line with our expectations. This was on the back of a 30% YoY fall in revenue, which was mainly due to the completion and substantial completion of existing projects, as well as a lower percentage of revenue recognised from a few newly-awarded projects.

Gross profit margin surged from 19.4% to 32.4% on the back of cost savings in design-and-build construction projects, as well as better project management and tighter cost controls. Balance sheet continues to be strong, with a net cash per share of S$0.31 (55% of share price).

Order book, at S$433m, will likely grow with new mega jobs up for grabs, including the construction of new dual four-lane Lornie Road in Bukit Brown, and the construction of the North-South Expressway.

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia