Trade PanUnited - P52sg CFD

Trade PanUnited - P52sg

About Pan-United Corporation Ltd

Pan-United Corporation Ltd (Pan-United) is a Singapore-based technology company. The Company is focused on the ready-mix concrete and logistics space. Pan-United has developed and commercialized approximately 300 specialized and low-carbon footprint concrete solutions. Its solutions cover the spectrum of the built environment industry ranging from aviation, land transport, underground, healthcare, marine and ports to the commercial and residential real estate sectors. The Company's projects include the Helix Bridge, Changi Airport Terminal 3 and the National Cancer Centre. Pan-United has also developed two digital automation platforms: AiR (Artificial Intelligence for Ready-Mix Concrete), is a software as a service (SaaS) platform that optimizes ready-mix concrete and cement supply chains; and goTruck!, which optimize the downstream operations of construction companies. Pan-United has operations in Singapore, Malaysia and Vietnam.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Pan-United Corporation Ltd revenues increased 45% to SP$586.9M. Net income increased from SP$1M to SP$18.7M. Revenues reflect Concrete & Cement segment increase of 48% to SP$573.5M, Singapore segment increase of 57% to SP$782.3M. Net income benefited from Concrete & Cement segment income increase of 55% to SP$50.1M. Dividend per share increased from SP$0.01 to SP$0.02.