$Soilbuild Const (S7P.SG)$ Currently, the Group' s order boo...

Currently, the Group' s order book stands at approximately S$600 million (as of end December 2023 and after including new orders since). This is backed by 4 new construction contracts and 19 new precast supply and delivery contracts, valued at approximately S$396 million in total, which were secured since the last financial year ended 31 December 2022. 

The Group has generated a profit amounting to $7,316,000 and positive cash flow from operating activities amounting to $3,085,000 for the financial year ended 31 December 2023, as the Group&rsquo s operations recovers from the adverse impact of COVID-19 from the prior financial years. Management expects the Group to be able to meet its cash flow requirements from its normal course of business through its existing and future order books. The Group has strong order books amounting to $490,507,000 as at 31 December 2023, which is expected to generate positive cash flows over the next twelve months.