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Thursday, March 19th, 2026

BRC Asia Ltd Reports 36% YoY Profit Surge and Strong Order Book Growth – Upgraded to Buy with Higher Target Price 1

BRC Asia Ltd – Broker Name and Report Date

Broker Name: Not specified in the provided document

Report Date: Not specified in the provided document

Excerpt from Broker report

Report Summary

  • BRC Asia Ltd reported a 36% year-on-year spike in adjusted PATMI for 2H25, driven by a 34% YoY increase in steel rebar delivery volumes due to stronger construction project offtake.
  • The company’s order book reached S\$1.9bn, up 36% YoY, primarily from new contracts such as the S\$570mn T5 project. The outlook remains positive with expected peak volumes in 2026-2027, leading to an upgrade to BUY and a higher target price of S\$5.10.

Above is an excerpt from a report by Not specified. Clients of Not specified can be the first to access the full report from the Not specified website : Not specified

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