Tiong Seng Holdings Expects Net Loss for FY2025

Reuters
02/16
Tiong Seng Holdings Expects Net Loss for FY2025

Tiong Seng Holdings Limited has announced that it expects to record a net loss for the financial year ended 31 December 2025, compared to a net profit of S$2.8 million in 2024. The anticipated loss is mainly due to lower revenue, timing differences in recognizing variable order costs and revenue, and final losses from legacy projects impacted by increased materials, labour, and subcontracting costs.

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. Tiong Seng Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: BX1BCWF20HS4UPCJ) on February 16, 2026, and is solely responsible for the information contained therein.

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