United Engineers Limited
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United Engineers Limited - overview
Established
1912
Location
Singapore, -, Singapore
Primary Industry
Business Support Services
About
United Engineers Limited is a Singapore-based company specializing in property development, engineering solutions, and manufacturing services, serving diverse clientele in both residential and commercial sectors. United Engineers Limited was founded in 1912 and is headquartered in Singapore. The company focuses on property development and engineering solutions, providing innovative services in the construction industry. The CEO is Sathish Kumar.
The firm has undergone strategic changes, adapting its offerings to meet market demands, without mentioning specific pivots or subsidiary details. United Engineers Limited provides a diverse range of products and services primarily within the property and engineering sectors. The company's core offerings include property development and management, engineering solutions, and manufacturing services. Their property division focuses on the development of both residential and commercial properties, catering to clientele that includes individual homebuyers, corporate tenants, and local businesses.
The engineering segment specializes in delivering innovative solutions for various industries, addressing challenges in infrastructure and construction projects. United Engineers Limited operates in several geographical markets, including Singapore, China (notably Chengdu, Chongqing, Shanghai, Shenyang, and Suzhou), and other international markets, ensuring a broad client base that spans both B2B and B2C segments. United Engineers Limited generated revenue of USD 410. 11 mn in the most recent year, 2023, with an EBITDA of USD 98.
83 mn. The company’s revenue streams primarily come from property sales and leasing, engineering contracts, and manufacturing services, structured through direct sales and strategic partnerships in the construction and real estate markets.
Primary Industry
Business Support Services
Sub Industries
Engineering, Construction
Website
www.uel.com.sg
Total Amount Raised
Subscriber access only
United Engineers Limited - timeline of key events
United Engineers Limited - financials
| Fiscal Year Ended | Dec 31, 2014 | Dec 31, 2015 | Dec 31, 2016 | Dec 31, 2017 | Dec 31, 2018 | Dec 31, 2019 | Dec 31, 2020 | Dec 31, 2021 | Dec 31, 2022 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (USD) | 3,209,321,000 | 1,856,993,000 | 479,701,000 | 539,359,000 | 374,909,000 | 450,063,000 | 273,080,000 | - | - | - |
| % Revenue Growth (YoY) | - | (42.1%) | (74.2%) | 12.4% | (30.5%) | 20.0% | (39.3%) | - | - | - |
| EBITDA (USD) | 215,387,000 | 254,181,000 | 109,332,000 | 141,832,000 | 90,779,000 | 182,747,000 | 84,544,000 | - | - | - |
| Operating Income (USD) | 114,536,000 | 169,293,000 | 62,670,000 | 123,407,000 | 76,853,000 | 157,813,000 | 58,056,000 | - | - | - |
| Operating Margin | 3.6% | 9.1% | 13.1% | 22.9% | 20.5% | 35.1% | 21.3% | - | - | - |
| % EBITDA Margin | 6.7% | 13.7% | 22.8% | 26.3% | 24.2% | 40.6% | 31.0% | - | - | - |
| NET Income (USD) | 130,542,000 | 130,021,000 | 177,583,000 | 85,840,000 | 52,998,000 | 119,574,000 | 34,661,000 | - | - | - |
| % Net Margin | 4.1% | 7.0% | 37.0% | 15.9% | 14.1% | 26.6% | 12.7% | - | - | - |
United Engineers Limited - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| N/A | Completed | The Seletar Mall | - |
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United Engineers Limited - employee data
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