Ten-League International Holdings Reports 21.6% Revenue Increase to S$37.7 Million for First Half of Fiscal 2025
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Ten-League International Holdings reported a 21.6% revenue increase to S$37.7 million for the first half of fiscal 2025, compared to S$31.0 million the previous year. Gross profit rose 67.7% to S$8.9 million, with a gross profit margin of 23.5%. Net income surged 268.9% to S$2.4 million. Rental income increased by 14.9%, driven by higher utilization and reduced third-party leasing. General and administrative expenses rose to S$5.7 million from S$4.0 million last year.
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