All-time high: Isoteam’s revenue up 44.8% to $69.9m in 2014

Profits up by 0.8%.

Isoteam registered stellar financials for 2014 on the back of completed and delivered projects, with an even stronger orderbook for the next years.

In a media release, Isoteam reported an all-time high revenue of $69.9 million and gross profit of 64.7% to $13.5million. Net profit, meanwhile, amounted to 0.8% to S$6.1 million.

The release also revealed the firm’s highest earnings per share (cents) since 2011, at 5.15 EPS.

Major contribution from key projects included SKK for public projects, Moulmein-Kallang Town Council, Tanjong Pagar Town Council, and Pasir-Ris Punggol Town Council.

Isoteam has a strong order book at $73.2 million as at 30 June 2014 to be delivered in the next 2 years.

The company is ecxpecting a general rise in demand for public sector upgrading, retrofitting and
maintenance of buildings and facilities.