JE Cleantech Holdings Reports 44% Increase in Precision Cleaning Systems Sales for 2024

Reuters
05/15
JE Cleantech Holdings Reports 44% Increase in Precision Cleaning Systems Sales for 2024

JE Cleantech Holdings Ltd. has released its financial results for the fiscal year ending December 31, 2024. The company's revenue was derived from two main business sectors: the sale of cleaning systems and other equipment, and the provision of centralized dishwashing and ancillary services. During the years ended December 31, 2022, and 2023, JE Cleantech reported net incomes of approximately SGD0.5 million and SGD32 thousand, respectively. The results show a significant decrease in net income year-over-year, from SGD0.5 million in 2023 to SGD32 thousand in 2024. Additionally, the company experienced foreign currency translation losses of SGD69 thousand in 2023 and SGD27 thousand in 2024, contributing to the total comprehensive income of SGD450 thousand in 2023 and SGD5 thousand in 2024. JE Cleantech continues to serve customers from various industries, including HDD manufacturing, semiconductor manufacturing, food and beverage, and industrial electronics, primarily in Singapore and Malaysia. The company remains focused on its core operations in the sale of cleaning systems and providing centralized dishwashing services.

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. JE Cleantech Holdings Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-010622), on May 15, 2025, and is solely responsible for the information contained therein.

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