Beng Kuang Group has reported a resilient financial performance for the fiscal year ending 31 December 2025, maintaining profitability despite facing revenue delays and foreign exchange losses. The company announced a proposed cash dividend of 0.6 SG cents per ordinary share, representing 23.5% of the net profit attributable to shareholders.
The group’s asset-light, service-oriented business model enabled it to sustain a gross profit margin of 37.1%, despite a 12.3% decline in revenue to S$98.16m. This decline was primarily due to timing delays in offshore asset integrity projects within the Infrastructure Engineering (IE) division. However, the underlying work scope remains intact and is expected to be recognised in future project milestones.
Beng Kuang’s strong cash generation was evident with an operating cash flow of S$26.55m, bolstered by disciplined working capital management. Total equity increased by 26.9% to S$36.14m, with cash and cash equivalents rising to S$37.38m, following the full redemption of corporate bonds.
Chief Executive Officer Yong Jiunn Run commented on the results, stating, “Our continued focus on high-value, mission-critical services reinforces the strategic relevance of our capabilities across market cycles.”
Looking forward, the group aims to leverage its BKM 2.0 strategy to target high-growth segments in the global energy market, enhancing its resilience and value. Despite the challenges, Beng Kuang remains committed to expanding its core capabilities in areas such as deck equipment, shipbuilding, and specialised industrial chemical cleaning.
