Beng Soon Machinery Holdings Ltd. Reports 19.6% Increase in Revenue for 1H2025, Gross Profit Rises to S$4.56 Million

Reuters

2025/08/29

Beng Soon Machinery Holdings Ltd. Reports 19.6% Increase in Revenue for 1H2025, Gross Profit Rises to S$4.56 Million

Beng Soon Machinery Holdings Ltd. has announced its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group reported a revenue of S$16.7 million, marking an increase from S$14.0 million during the same period in 2024. The cost of sales and services rendered rose to S$12.2 million from S$10.6 million in the previous year. Consequently, the gross profit for the period increased to S$4.6 million, up from S$3.4 million in 2024. Other income slightly decreased to S$183,000 compared to S$193,000 in the previous year, while other gains - net dropped to S$75,000 from S$216,000. The Group also noted a reversal of allowance for expected credit losses of trade receivables amounting to S$158,000, which was not present in the previous year. Selling and distribution expenses increased to S$155,000 from S$117,000. The results reflect the Group's ongoing operations in providing demolition services, sale of inventories, and leasing of machinery in Singapore.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beng Soon Machinery Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

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Reports 19.6% Increase in Revenue for 1H2025, Gross Profit Rises to S$4.56 Million","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Beng Soon Machinery Holdings Ltd. Reports 19.6% Increase in Revenue for 1H2025, Gross Profit Rises to S$4.56 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Beng Soon Machinery Holdings Ltd. has announced its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group reported a revenue of S$16.7 million, marking an increase from S$14.0 million during the same period in 2024. The cost of sales and services rendered rose to S$12.2 million from S$10.6 million in the previous year. 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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beng Soon Machinery Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beng Soon Machinery Holdings Ltd. 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Reports 19.6% Increase in Revenue for 1H2025, Gross Profit Rises to S$4.56 Million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-08-29 20:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Beng Soon Machinery Holdings Ltd. Reports 19.6% Increase in Revenue for 1H2025, Gross Profit Rises to S$4.56 Million\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Beng Soon Machinery Holdings Ltd. has announced its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group reported a revenue of S$16.7 million, marking an increase from S$14.0 million during the same period in 2024. The cost of sales and services rendered rose to S$12.2 million from S$10.6 million in the previous year. Consequently, the gross profit for the period increased to S$4.6 million, up from S$3.4 million in 2024. Other income slightly decreased to S$183,000 compared to S$193,000 in the previous year, while other gains - net dropped to S$75,000 from S$216,000. The Group also noted a reversal of allowance for expected credit losses of trade receivables amounting to S$158,000, which was not present in the previous year. Selling and distribution expenses increased to S$155,000 from S$117,000. The results reflect the Group's ongoing operations in providing demolition services, sale of inventories, and leasing of machinery in Singapore.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beng Soon Machinery Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"01987","symbol_name":"BENG SOON MACH","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250829:nNDLbGw02j:1","article_id":"2563288820","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563288820","pubTimestamp":1756468958,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Beng Soon Machinery Holdings Ltd. has announced its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The Group reported a revenue of S$16.7 million, marking an increase from S$14.0 million during the same period in 2024. The cost of sales and services rendered rose to S$12.2 million from S$10.6 million in the previous year. Consequently, the gross profit for the period increased to S$4.6 million, up from S$3.4 million in 2024. Other income slightly decreased to S$183,000 compared to S$193,000 in the previous year, while other gains - net dropped to S$75,000 from S$216,000. The Group also noted a reversal of allowance for expected credit losses of trade receivables amounting to S$158,000, which was not present in the previous year. Selling and distribution expenses increased to S$155,000 from S$117,000. 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Consequently, the gross profit for the period increased to S$4.6 million, up from S$3.4 million in 2024. Other income slightly decreased to S$183,000 compared to S$193,000 in the previous year, while other gains - net dropped to S$75,000 from S$216,000. The Group also noted a reversal of allowance for expected credit losses of trade receivables amounting to S$158,000, which was not present in the previous year. Selling and distribution expenses increased to S$155,000 from S$117,000. The results reflect the Group's ongoing operations in providing demolition services, sale of inventories, and leasing of machinery in Singapore.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Beng Soon Machinery Holdings Ltd. published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport,express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}