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CORRECTION: Ten-League International Projects $58.3M-$59.1M Revenue; Net Income $0.14–$0.15 EPS For FY2025

Ten-League International Holdings Limited (NASDAQ:TLIH) (the "Company" or "Ten-League"), a Singapore-based provider of turnkey project solutions, is pleased to announce the following financial guidance for Fiscal Year 2025. Fiscal Year 2025 refers to the 12-month period beginning on January 1, 2025, and ending on December 31, 2025.

  • Net revenue is expected to be in the range of S$75.0 million (US$58.3 million) to S$76.0 million (US$59.1 million), representing an increase in the range of S$16.5 million (US$15.5 million) to S$17.5 million (US$16.3 million) or 28.2% to 29.9%, as compared to net revenue for the previous 12-month period.
  • Net income is expected to be in the range of S$5.0 million (US$3.9 million) to S$5.5 million (US$4.3 million), representing an increase in the range of S$3.1 million (US$2.5 million) to S$3.6 million (US$2.9 million) or 165.4% to 191.9%, as compared to net income for the previous 12-month period.
  • Net income per share is expected to be in the range of US$0.14 to US$0.15 per share, representing an increase in the range of US$0.09 to US$0.10 or 174.3% to 201.7%, as compared to net income per share for the previous 12-month period.
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