Beng Kuang Marine has reported a profit before tax of $4.52 million for the 3QFY2025 ended Sept 30, up 19.3% y-o-y. For the 9MFY2025, profit before tax declined 11.3% y-o-y to $13.58 million.
Revenue for 3QFY2025 came in 2.9% y-o-y lower at $25.99 million, and 11.4% y-o-y lower for 9MFY2025 at $76.78 million.
Beng Kuang Marine says that revenue from its infrastructure engineering (IE) business division delivered a revenue performance of more than $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 3QFY2025, driven by progress on the five-unit 30-ton Knuckle Boom Cranes contract valued at US$4.94 million.
The group provided no direct reason for the decline in revenue for the 3QFY2025, except to say that corresponding to the lower revenue recognised, the group posted a lower gross profit.
Shares in Beng Kuang Marine closed 1 cent higher or 3.279% up at 31.5 cents on Nov 6.
