Kim Heng Expects Full-Year FY2025 Net Loss

Reuters
Feb 23
Kim Heng Expects Full-Year FY2025 Net Loss

Kim Heng Ltd. said it expects to report a net loss for FY2025, reversing from FY2024. The company attributed the anticipated loss mainly to late delivery penalties and cost overruns on a new shipbuilding vessel, lower-than-expected revenue from its newly established geotechnical survey segment, reduced charter margins due to mandatory drydocking and special surveys for several AHTS vessels, and a loss on disposal of cranes.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Kim Heng Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: I79VIKKI9SYAQI1Q) on February 23, 2026, and is solely responsible for the information contained therein.

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