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New Sanli contracts provide FY18 visibility

PC Lee
PC Lee7/5/2017 11:25 AM GMT+08  • 3 min read
New Sanli contracts provide FY18 visibility
SINGAPORE (July 5): NRA Capital likes Sanli Environmental for its high tender win rate and laser-focus on projects which have high technical content as well as its high tender win rate.
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SINGAPORE (July 5): NRA Capital likes Sanli Environmental for its high tender win rate and laser-focus on projects which have high technical content as well as its high tender win rate.

Tracking Sanli’s PUB tenders on GeBiz over the last four months, NRA Capital notes that the company has a relatively high win rate of 30.8%, clinching four out of the 13 projects it tendeparticipated.

“Among competing bidders with the same BCA registered workheads, Sanli’s track record is impressive as most other bidders have won at most one or two contracts during the same period,” says NRA Capital analyst Liu Jinshu in an unrated report on Wednesday.

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