Beng Kuang explained that the revenue timing delays arose from external parties’ revisions to project scope and work sequencing for optimisation and life-extension of floating assets.
Beng Kuang Marine (SGX:BEZ
) (Beng Kuang) has reported a lower net profit of $12.5 million for FY2025 ended Dec 31, 2025.
Revenue dropped 12.3% y-o-y to $98.2 million, mainly due to timing delays in offshore asset integrity projects within the Infrastructure Engineering (IE) division.
