Stock Track | ISOTeam Soars 6.17% in Pre-Market on Securing S$30.1 Million in New Contracts

Stock Track

04/21

ISOTeam's stock price soared 6.17% in pre-market trading on Tuesday, following the announcement of significant new contract wins.

The company secured S$30.1 million in new contracts, bringing its total order book to S$186.5 million. These new projects are expected to provide revenue visibility for ISOTeam until 2029, signaling strong future business prospects.

Among the new contracts are two interior design projects valued at S$0.7 million. The substantial increase in the order book is viewed positively by investors as it enhances the company's earnings outlook and financial stability.

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