The group’s ebitda declined 58.8% y-o-y to $5.06 million in 1QFY2025.
Beng Kuang Marine has reported a profit before tax of $4.18 million for 1QFY2025 ended March 31, 2025, down 63.1% y-o-y from the $11.32 million reported in the same period a year ago.
The previous year’s profit before tax saw a one-time gain of $5.83 million from disposal of the second partial sale of its Batam property. Excluding this one-time gain, the net profit for the previous year would be $5.49 million.
