0347 GMT - OKP Holdings' medium-term earnings outlook remains positive, as it continues to benefit from Singapore's multiyear public infrastructure growth cycle, Lim & Tan Securities' Nicholas Yon says in a research report. Its operating momentum is solid, supported by healthy order book execution, strong order pipeline and disciplined cost management, the analyst says. The infrastructure and civil engineering group's coming earnings are expected to show continued revenue growth and solid profitability as bigger public-sector projects progress further into execution and revenue recognition accelerates. The brokerage raises the stock's target price to S$0.93 from S$0.81 to partly reflect a valuation roll-forward, with an unchanged buy rating. Shares are 1.2% higher at S$0.82. (ronnie.harui@wsj.com)
(END) Dow Jones Newswires
February 03, 2026 22:47 ET (03:47 GMT)
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