iHub News
4月前
Ten-League International forecasts strong FY2025 growth on Singapore infrastructure momentumFebruary 24, 2026 10:28 AM
IH Market News
Ten-League International Holdings Limited (NASDAQ:TLIH), a Singapore-based provider of turnkey project solutions for the port, construction, civil engineering and underground foundation sectors, issued upbeat financial guidance for fiscal year 2025, citing robust demand tied to major infrastructure developments in Singapore.The company, which supplies heavy equipment, spare parts and engineering consultancy services, said it expects FY2025 net revenue to reach between S$75.0 million and S$76.0 million, representing growth of roughly 28% to 30% compared with the prior year.Ten-League also projected net income of S$5.0 million to S$5.5 million and earnings per share of US$0.14 to US$0.15, implying profit growth exceeding 160%. The anticipated expansion is largely driven by increased activity linked to large-scale infrastructure projects, including the commencement and partial handover phases of work related to Singapore’s Changi Airport Terminal 5 development.Management said the outlook reflects strong operational execution alongside sustained demand for the company’s equipment and engineering solutions as national infrastructure projects progress.The guidance highlights Ten-League’s expanding role in Singapore’s infrastructure build-out and points to the potential for improved shareholder returns, although final results will be confirmed following completion of the FY2025 audit and required regulatory filings.More about Ten-League International Holdings LimitedTen-League International Holdings Limited provides turnkey project solutions focused on port operations, construction, civil engineering and underground foundation work. The company’s activities include the sale and rental of heavy machinery — such as foundation, hoisting, excavation and port equipment — as well as engineering consultancy services designed to enhance safety, reliability and efficiency across large infrastructure projects.Ten-League International Holdings stock price
Original: Ten-League International forecasts strong FY2025 growth on Singapore infrastructure momentum
gail
9月前
sorry, i was just disappointed in the…
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insane dumping i saw on the bid all day yesterday, to me, thats diluting upon good news. just another scammy company imo. and if you know me, i dont talk badly about stocks, i just leave, but this one was a huge dud.
gail
9月前
Mr. Jison Lim, Chief Executive Officer and Chairman of Ten-League, commented, “The first half of fiscal year 2025 reflects strong execution of our growth initiatives and resilience across our core businesses. Revenue rose 21.6% from last year to S$37.7 million (US$29.6 million), fueled primarily by rising demand for heavy equipment and parts linked to major national infrastructure projects including Changi Airport Terminal 5, the Marina Bay Sands expansion, and the Cross-Island and Downtown MRT lines. These projects not only expanded market demand but also supported a healthier product mix and improved margins. Rental income also grew 14.9%, driven by higher utilization and reduced reliance on third-party leasing. Gross profit increased 67.7% to S$8.9 million (US$7.0 million), while gross margin strengthened to 23.5% from 17.0% a year earlier, supported by efficiency gains and favorable product mix. Net income reached S$2.4 million (US$1.9 million), a fourfold increase over the prior year, underscoring our ability to translate top-line growth into profitability.”
Mr. Lim continued, “These achievements validate our multi-pronged strategy of aligning with large-scale infrastructure opportunities, optimizing rental operations, and managing costs with discipline. With our Nasdaq listing now complete, we are well positioned to deepen customer relationships, strengthen vendor partnerships, and enhance our visibility in global markets. We remain confident that these initiatives will provide a solid foundation for sustainable growth and long-term value creation for our shareholders.”
makinezmoney
12月前
$TLIH: Another Chiner IPO today.................... now $3.90
Keep an eye on it to see what it does............
Ten-League International is a Singapore-based provider of turnkey project solutions. Our business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. We currently conduct our operations through our wholly-owned subsidiaries, Ten-League Engineering & Technology Pte. Ltd. and Ten-League Port Engineering Solutions Pte. Ltd., which were previously held by Ten-League Corp prior to our group reorganization for the listing of our ordinary shares. Together with the operating history of Ten-League Corp, we have a total of over 24 years of history operating our business.
GO $TLIH