Beng Kuang Marine's Attributable Profit Slides 31% in H2

MT Newswires

2025/02/20

Beng Kuang Marine's (SGX:BEZ) attributable profit to equity holders was down 31% year over year to SG$3.0 million in the second half of 2024, from SG$4.3 million a year earlier, a Wednesday filing with the Singapore Exchange said.

Earnings per share declined to SG$0.0149 compared with SG$0.0215 in the comparable period.

Revenue was up 10% year over year to SG$52.0 million from SG$47.3 million, mainly due to increased revenue from the infrastructure engineering segment.

Shares of the marine infrastructure company were down nearly 2% in recent trading.

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