0914 GMT - Marco Polo Marine's FY 2026 outlook seems bright to UOB Kay Hian's John Cheong and Heidi Mo, backed by a strong ship-chartering order book and a major oceanographic research vessel contract win. They expect the contract win to provide solid earnings visibility and margin improvements. The Singapore shipyard company's higher dividend payout for FY 2025 signals confidence from its management, particularly when compared with most peers who are in net debt positions, the analysts say in a note. UOB KH raises its FY 2026 and FY 2027 earnings projections for Marco Polo by 7% and 2% respectively. It lifts the stock's target price to S$0.188 from S$0.138 and maintains a buy rating. Shares down 0.7% at S$0.139. (megan.cheah@wsj.com)
(END) Dow Jones Newswires
December 08, 2025 04:14 ET (09:14 GMT)
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