Tuesday, March 5, 2013
BBR Holdings
BBR Holdings: Contract worth $61.6m won, for the construction of prestigious British independent school Dulwich College in Singapore, and a number of structural work and specialist engineering contracts in Singapore and Malaysia- which includes a hospital, industrial factories, and a shopping mall. Current order book increases to $1.02b, with projects lasting to 2015.
In terms of Company's financials, the EBIT margin compressed 0.2ppts from 5.5% to 5.3% in FY12, due mainly to a 17% increase in administrative costs, of which the bulk came from advertising and sales commission expenses.
BBR Holdings currently trade at 6.4x P/E, 0.8x P/B.
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