Beng Kuang Marine’s net profit soars 168% in FY 2024

The company’s proposed dividend per ordinary share stood at $0.006.

Beng Kuang Marine increased its net profit by 167.7% to $21.19m during the financial year 2024 as compared to FY 2023’s $7.92m.

Driven by strong organic growth from its Infrastructure Engineering division, the group’s revenue increased by 41.3% to $111.8m during the period.

With this, the group improved its gross profit margin to 34.6%, driving gross profit growth of 55.5% to $38.73m.

On earnings before interest, taxes, depreciation, and amortisation basis, the group achieved a higher consideration of $29.25m in FY2024, reflecting an 84.6% year-on-year increase.

The company’s proposed dividend per ordinary share stood at $0.006.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia