Sanli Environmental: water and waste engineering

the next many years will be extremely busy ones for sunle environmental a homegrown environmental engineering company sule's expertise will be crucial in tackling not one but two of Singapore's existential issues water and climate change specializing in water and waste management suy is likely to be a key beneficiary of the ongoing heavy investment in the sector the demand of water is getting higher and higher so it is impossible to build infrastructure fast enough to actually cope with the population increase at the same time Industrials are using a lot of water water so what Singapore government did is that they focus on waste they collect every single waste treat it cor so that it become new water and Industrial water so the cost of dation is so high correct and and it it will cause the the whole water tariff to increase so in order to reduce the dependency of raw water government have implemented Reclamation that is the used water used water are treated are treated so that it can be used for industrial purpose this will free up free up the dependency of clean and raw water for residents part of the comprehensive 100 billion Sing dollars Coastal protection plan requires Niche technical expertise and Sunni has definitely proven it has the chops alternative land reclamation practices were explored on palong over the last few years and sunle is the sole company involved in the engineering procurement and construction of the network of water pumping systems on the island this boats well for the company as Singapore embarks on the coastal protection plan on a Countrywide scale on top of such vast opportunities Sunday is also on the CP of Greening the shipping industry in s it is a treating agent for air pollution especially for ship exhaust emission system with the implementation of IMO International Marine organization we set the requirement correct of the sulfur content so low the the world is crying the crying for cost effective treatment at the moment manance hydrite are only manufactured in Europe not in soueast Asia so sule is taking this opportunity this needs in this area to be the first one to actually construct and manufacture a plant to serve this industry so we believe with the demand coming up with the regulation coming H correct sunle we'll have a first cut in this industry based on the potential contract sizes of the water and climate plans relative to sule's FY 23 revenue of about 10000 million Sing dollars it is very possible for his revenue and net profit to double over the next 3 years valuing the company at an undemanding price to earnings of three times