Stock Track | Wee Hur Soars 3.47% on Strong Financial Results and Strategic Expansion

Stock Track
05/12

Wee Hur's stock surged 3.47% during intraday trading following the release of its corporate presentation highlighting robust financial performance and strategic business expansion.

The company reported FY2025 revenue of S$295 million, representing a 47% year-on-year increase, driven by higher contributions from construction and Singapore property development. Adjusted net profit soared 130% to S$106 million, while PATMI increased 27% to S$68 million. The company's gross profit margin widened to 46%, and operating cash flow climbed 118% to S$139 million.

Wee Hur also revealed a construction order book of S$935 million, positioning the group to capture Singapore's projected S$47 billion to S$53 billion construction demand outlook for 2026. Additionally, the company expanded its workers' dormitory platform to 15,744 beds with high occupancy rates and flagged the ramp-up of recurring income platforms including school and hotel investment properties.

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