TLIH News & Events

Sees FY25 revenue $58.3M-$59.1M. Jison Lim, Chief Executive Officer and Chairman of Ten-League, commented, "Fiscal Year 2025 represents a year of strong execution as we continue to support major infrastructure projects in Singapore. Demand for our products and services remained robust in Fiscal Year 2025 due to the commencement of the Changi Airport Terminal 5 construction works. The partial handover of this notable project contributed to our revenue growth and profitability, resulting in stronger financial results compared to the previous year. As we further strengthen our role as a trusted equipment and solutions provider to national infrastructure developments, we remain focused on operational excellence and delivering sustainable value to our customers and shareholders."

Ten-League International Holdings completed the handover of five hydraulic grabs to Bachy Soletanche Singapore in December 2025. The hydraulic grabs are deployed for use in Land Transport Authority's Cross Island Line project, one of the most significant Mass Rapid Transit expansions in Singapore.

Ten-League International announced its subsidiary, Ten-League Port Engineering Solutions has secured a new order from PSA Corporation, building on the Company's successful delivery and commissioning of Singapore's first Battery Charging and Swap Station, BCSS, at the end of 2024. This milestone underscores Ten-League's proven ability to deploy advanced electrification solutions and reinforces its position as trusted partner in the global port electrification market. The Purchase Order builds on Ten-League PES's earlier success with PSA Singapore.

Reports revenue S$37.7M vs. S$31M last year. Jison Lim, CEO commented, "The first half of fiscal year 2025 reflects strong execution of our growth initiatives and resilience across our core businesses. Revenue rose 21.6% from last year to S$37.7M, fueled primarily by rising demand for heavy equipment and parts linked to major national infrastructure projects including Changi Airport Terminal 5, the Marina Bay Sands expansion, and the Cross-Island and Downtown MRT lines. These projects not only expanded market demand but also supported a healthier product mix and improved margins. Rental income also grew 14.9%, driven by higher utilization and reduced reliance on third-party leasing. Gross profit increased 67.7% to S$8.9M while gross margin strengthened to 23.5% from 17.0% a year earlier, supported by efficiency gains and favorable product mix. Net income reached S$2.4M, a fourfold increase over the prior year, underscoring our ability to translate top-line growth into profitability." hese achievements validate our multi-pronged strategy of aligning with large-scale infrastructure opportunities, optimizing rental operations, and managing costs with discipline. With our Nasdaq listing now complete, we are well positioned to deepen customer relationships, strengthen vendor partnerships, and enhance our visibility in global markets. We remain confident that these initiatives will provide a solid foundation for sustainable growth and long-term value creation for our shareholders."