ES Group (SGX:5RC) is expecting to report a net loss in 2025, compared to a net profit a year earlier, according to a Friday filing with the Singapore Exchange.

The company has attributed the outlook to a decrease in revenue due to lower orders from its new building and repair segment.

Meanwhile, the company's vessel, ES Jewel, ceased operations for more than four months during the period, along with the unavailability of another vessel, ES Aspire, due to repair and maintenance.

The provider of management and technical services is expected to release its financials on or before March 1, the filing said.