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Ever Glory wins new contracts worth $508 million in 2025

The Edge Singapore
The Edge Singapore  • 1 min read
Ever Glory wins new contracts worth $508 million in 2025
"Crossing the half-billion-dollar mark in new contract wins is more than just a financial milestone," says Ever Glory's CEO Xu Ruibing / Photo: Albert Chua
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Ever Glory United Holdings has won contracts totalling $508.0 million last year, lifting its total order book to $732.8 million as of December 2025.

The contracts are for works to be done for projects across different sectors, including public utility work, such as the maintenance of street lighting and upgrades of a bus depot.

Ever Glory won contracts related to projects from healthcare, residential and hospitality clients as well.

These contracts will be delivered through 2027 and provide earnings visibility over the next two to three years.

Xu Ruibing, the company's CEO & executive director, calls 2025 a "defining" year for Every Glory.

"Crossing the half-billion-dollar mark in new contract wins is more than just a financial milestone – it is a powerful endorsement of our technical prowess and our clients' unwavering confidence in our ability to deliver mission-critical infrastructures," he says.

See also: TOTM Technologies’ subsidiary awarded additional contract of automated biometric identification system licences

"We remain focused on our robust pipeline of opportunities and are well-positioned to secure additional significant projects in the coming years," he adds.

Ever Glory United Holdings shares closed at 70 cents on Feb 6, down 0.71%. It is up 131.67% in the past one year.

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