Ten-League International Holdings Limited

What they do

The company operates from 7 Tuas Avenue 2, Singapore 639447, with Lim Boon Ping serving as Chief Financial Officer, according to the filing cover page. Its business centers on the provision of equipment, value added solutions and maintenance and repair services, sectors referenced in the company's own forward-looking statement language. The filing identifies the company under the SIC code for Wholesale-Machinery, Equipment & Supplies, but the excerpted Item 1 section does not provide further operational detail about specific product lines, customer types or geographies.

Revenue drivers

• Equipment provision — The company describes its market as the provision of equipment, value added solutions and maintenance and repair services, but the excerpted filing does not disclose segment-level revenue or the share of total revenue attributable to equipment sales.
• Value added solutions — Referenced as a business line in the forward-looking statement language, but no revenue contribution or customer detail is provided in the excerpted Item 1 or MD&A sections.
• Maintenance and repair services — Identified as a service offering in the same forward-looking statement language, but the excerpted filing does not quantify its revenue contribution or describe its customer base.

Recent performance

Annual revenue rose from $58.5 million in 2024 to $76.2 million in 2025, after declining from $72.8 million in 2023. Net income was $4.3 million in 2025 versus $1.4 million in 2024, and diluted EPS was $0.15 in 2025 versus $0.05 in 2024. Operating cash flow increased to $20.4 million in 2025 from $3.7 million in 2024. At December 31, 2025, total assets were $60.2 million, total liabilities were $47.2 million, shareholder equity was $13.0 million, cash and equivalents were $8.3 million, and long-term debt was $17.0 million.

Strategy

The excerpted filing itemizes forward-looking topics including the company's business and operating strategies and its various measures to implement such strategies, as well as development and capital expenditure plans for its existing business. It also cites operations and business prospects, changes in policies and regulations in the countries or territories in which it operates, and its financial condition and dividend policy as forward-looking areas. The excerpted text does not provide additional specificity on investment amounts, project timetables or capital allocation priorities. No concrete strategic targets or named expansion markets are disclosed in the excerpted material.

Risks

• Equipment market competition — The filing's forward-looking statement language cites future developments in the provision of equipment, value added solutions and maintenance and repair services market and actions of competitors as a risk to the business.
• Economic downturn — The company cites changes in political and economic conditions and competition in the area in which it operates, including a downturn in the general economy, as a forward-looking risk.
• Key personnel loss — The filing specifically identifies the loss of key personnel and the inability to replace such personnel on a timely basis or on terms acceptable to the company as a forward-looking risk.
• Catastrophic losses — The company cites catastrophic losses from man-made or natural disasters, including fires, floods, windstorms, earthquakes, diseases, epidemics, other adverse weather conditions, war, terrorism, civil disturbances and other political or social occurrences.

Outlook

The excerpted filing states that forward-looking statements relate to the company's operations and business prospects, including development and capital expenditure plans for its existing business, and to its financial condition, results of operations and dividend policy. It also cites changes in policies, legislation, regulations or practices in the industry and in the countries or territories in which it operates as factors that may affect operations. The excerpted material does not include specific guidance figures, projected timelines or named strategic priorities beyond these general categories. No management conclusions about likely future results are provided in the excerpted sections.