Beng Kuang Marine: 3Q2025 Profit before Tax Up 19.3%
- Revenue from the Group’s IE business division continue to deliver resilient revenue performance of more than S$20.0 million per quarter in 2025, which was primarily driven by the continual demand for ASOM’s repair and maintenance services.
- The Group’s deck equipment business, under IE business division, also contributed positively in 3Q2025, driven by progress on the five-unit 30-ton Knuckle
Boom Cranes contract valued at US$4.94 million.
- Finance costs continued to trend downward in 3Q2025, reflecting the Group’s deliberate deleveraging strategy and disciplined cash flow management.
- Extending our track record of profitability since our turnaround in FY2023
Commenting on the 9M2025 results, Mr Yong Jiunn Run, Chief Executive Officer of Beng Kuang Group, said:
“Our business has demonstrated strong resilience, underpinned by steady demand and disciplined execution across our core operations.
The fundamentals of our existing business activities remain robust, supported by strong operating cashflows and stable industry outlook.
At the same time, we are encouraged by the progress from the revival of deck equipment business as well as newly launched specialised industrial chemical cleaning. We also see promising opportunities in shipbuilding activities that align with our engineering capabilities which we are looking to revive and scale-up.
The positive traction of these emerging businesses reaffirms the Group’s “Value Led Transformation” and “Talent Acquisition” under the BKM 2.0 strategy which will include creating values, enhancing our readiness to capitalise on future market opportunities and strengthening financial metrics, especially, improving our asset efficiency rate.
Moving forward, we will continue to leverage our operational strengths, expand our capabilities and deepen collaboration across our business segments to deliver sustainable value for our stakeholders.”
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