Link: https://links.sgx.com/1.0.0/corporate-announcements/WHLUJNWTA4SKUIY1/769581d33e991272094786fb496989dd04f1fb4100a3720f98aacc128ab1e522

Summary: Mun Siong Engineering Limited reported a net loss of S$6.2 million for FY2024, compared to a loss of S$2.5 million in FY2023. Revenue decreased by 9% year-on-year to S$64.8 million, primarily due to reduced contributions from Singapore operations. The company faced challenges including lower gross profit margins and increased operating costs. Despite these setbacks, Mun Siong continues to focus on its core competencies in mechanical services and plant maintenance across Asia and the USA.