Based in Singapore, this firm provides complete project solutions. Their services include the sale, lease, and upkeep of heavy machinery and components, alongside expert engineering advice tailored for the maritime, building, and infrastructure industries.
Ten-League International Holdings Limited Reports Unaudited Financial Results for the First Six Months of Fiscal Year 2026
Ten-League reported H1 FY2026 revenue of S$33.1 million (US$25.6 million), down about 12% YoY, with net income of S$1.7 million versus S$2.4 million a year earlier.
The mix shifted sharply toward engineering consultancy (income up 669.4% to S$8.6 million, aided by delivery of 30 electric prime movers) and rental income (+9.9%), lifting those segments to 45.4% of revenue from 18.5%, while heavy equipment sales fell 41.1% on weak replacement demand.
Gross margin improved to 24.0% and operating cash flow held steady at S$10.0 million, though the company also effected a 1-for-10 reverse share split on April 13, 2026.