The company has an order book of $315.9 million, to be fulfilled over the next three years.
"Apart from new underground infrastructure, we also foresee a sizeable number of older infrastructures needing replacement soon," says executive chairman Toh Choo Huat.
"In the coming year or so, we will capitalize on this uptrend and bid for more projects to replenish or even grow our order book further," he adds.