Beng Kuang Marine's (SGX:BEZ) net profit for 2025 declined 41% to SG$12.5 million from SG$21.2 million a year earlier, according to a Thursday filing with the Singapore Exchange.
Shares of the offshore marine and offshore energy company were down nearly 2% in Friday trading.
Revenue fell 12% year over year to SG$98.2 million from SG$111.9 million, as delays in offshore asset integrity projects impacted performance.