Ten-League International Holdings Reports 21.6% Revenue Increase to S$37.7 Million for First Half of Fiscal 2025
For the six months ended June 30, 2025, total revenues were S$37.7 million (US$29.6 million), representing an increase of 21.6% from S$31.0 million for the same period in the previous year. Gross profit was S$8.9 million (US$7.0 million), up 67.7% from the prior year, with a gross profit margin of 23.5% compared to 17.0% previously. Gross profit margin for rental income was 60.1%, up from 49.8% for the same period last year. Net income for the period was S$2.4 million (US$1.9 million), an increase of 268.9% from S$0.6 million a year earlier. Rental income increased 14.9%, attributed to higher utilization and a reduction in third-party leasing. Selling and distribution expenses were S$0.3 million (US$0.2 million), stable compared to the previous year. General and administrative expenses were S$5.7 million (US$4.4 million), up from S$4.0 million in the prior year. Total net other gain was S$0.1 million (US$0.07 million), compared to a net other loss of S$0.04 million for the same period last year.
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. Ten-League International Holdings Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9537383-en) on September 30, 2025, and is solely responsible for the information contained therein.
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