Recent Updates — TLIH

Ten-League International Holdings Limited reported unaudited financial results for the six months ended June 30, 2026. Total revenue decreased 12.2% to S$33.1 million (US$25.6 million), driven by a 41.1% drop in heavy equipment sales to S$18.1 million, partially offset by a 669.4% surge in engineering consultancy income to S$8.6 million and a 9.9% increase in rental income to S$6.4 million. Net income fell to S$1.7 million (US$1.3 million) from S$2.4 million, while gross profit margin improved slightly to 24.0%. The company also disclosed that it effected a 1-for-10 reverse share split on April 13, 2026, consolidating shares and increasing par value to US$0.00025. Ten-League International Holdings Limited operates in the heavy equipment rental, sales, and engineering consultancy sector.