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Ten-League International Holdings Limited Announces Fiscal Year 2025 Guidance
SINGAPORE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (Nasdaq: TLIH) (the “Company” or “Ten-League”), a Singapore-based
About this update from Ten-league International Holdings Limited
[{"type":"text","content":"SINGAPORE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (Nasdaq: TLIH) (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, is pleased to announce the following financial guidance for Fiscal Year 2025. Fiscal Year 2025 refers to the 12-month period beginning on January 1, 2025, and ending on December 31, 2025. Net revenue is expected to be in the range of S$75.0 million (US$58.3 million) to S$76.0 million (US$59.1 million), representing an increase in the range of S$16.5 million (US$15.5 million) to S$17.5 million (US$16.3 million) or 28.2% to 29.9%, as compared to net revenue for the previous 12-month period.Net income is expected to be in the range of S$5.0 million (US$3.9 million) to S$5.5 million (US$4.3 million), representing an increase in the range of S$3.1 million (US$2.5 million) to S$3.6 million (US$2.9 million) or 165.4% to 191.9%, as compared to net income for the previous 12-month period.Net income per share is expected to be in the range of US$0.14 to US$0.15 per share, representing an increase in the range of US$0.09 to US$0.10 or 174.3% to 201.7%, as compared to net income per share for the previous 12-month period. Mr. 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.” About Ten-League International Holdings Limited Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company’s business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. The equipme...