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In the current infrastructure supercycle driving construction demand, Ever Glory United has transitioned from a niche player to a high flyer. |
| A Defining Year of Scale |
For a company that only debuted on the SGX Catalist in 2023, crossing the half-billion-dollar mark in annual wins is a "defining" achievement.
The order wins cut across Singapore’s most essential sectors, including healthcare and public utilities.
Ever Glory's acquisition of Guthrie Engineering in July 2025 was pivotal -- it added S$312 million to the order book and provided access to prestigious projects (e.g., Marina Bay Sands, Changi Airport Jewel) that were previously out of reach
“2025 has been a defining year for Ever Glory," said Mr. Xu Ruibing, CEO and Executive Director of Ever Glory.
"Crossing the half-billion-dollar mark in new contract wins is more than just a financial milestone – it is a powerful endorsement of our technical prowess and our clients' unwavering confidence in our ability to deliver mission-critical infrastructure.
"From hospitals to high-end hospitality, we are building the backbone of Singapore.”
| From M&E Roots to Infrastructure Powerhouse |
Ever Glory’s journey began in 2018 with the incorporation of Sunbeam M&E, focusing on traditional mechanical and electrical (M&E) services like air-conditioning, fire protection, and plumbing.
However, the last 24 months have seen the Group undergo a radical transformation via aggressive, high-synergy M&A activity.
Two of numerous Ever Glory projects
The Group's capabilities were bolstered by the February 2024 acquisition of Fire-Guard Engineering, which brought over 30 years of specialized fire safety expertise.
This was followed by the transformative July 2025 acquisition of Guthrie Engineering, which wasestablished in 1951 and has achieved sterling credentials.
Today, the Group's portfolio is a diversified powerhouse:
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Critical Infrastructure: Maintaining national transport facilities and street lighting.
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Healthcare: Delivering technical expertise in mission-critical hospital environments.
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Luxury Hospitality: Securing prestigious awards for high-profile hotels and mixed-developments.
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Property Development: Diversifying into residential projects in Geylang and a food factory in Mandai Estate.
CGS International has highlighted the government’s commitment to projects like Changi Airport Terminal 5 and healthcare upgrades, projecting a high double-digit earnings growth CAGR for Ever Glory. |
