Mencast_2
Mencast repairs and services sterngear, as well as manufactures it, a specialised business that is set to grow significantly when a new facility is completed next year. Photo: Mencast


Mencast_track
Steadily rising net profit and net profit margin for Mencast.



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WITH THE global ship population having expanded massively in recent years, companies that service and maintain ships are enjoying a surge in business
.

Mencast Holdings, listed in Singapore in 2008, is one of them. It specializes in reconditioning sterngear equipment, restoring and repairing worn out or damaged sterngear equipment to make it sea-worthy.

It also manufactures sterngear.

Mencast registered a 20% growth in earnings for 1H 2010 to $4.8 million, and has just 3% net gearing.

Mencast’s management is inviting NextInsight readers to visit its operational facilities in 7 Tuas View Circuit on Saturday morning of Oct 30. This is what you can expect:

Invite_1

invite_mencast


Recent story: MENCAST: Sterngear services reap high profit margin

This is the third company visit organised by NextInsight in three months. Our reports on the previous 2 visits: 

TREK 2000: NextInsight readers get 3 hours' worth of insights

MTQ: Interesting Insights into its business for investors


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