TLIH

Upgraded Headquarters to Serve as Strategic Hub Supporting Innovation, Operational Excellence and Ten-League’s Next Phase of Growth SINGAPORE, Aug. 19, 2026 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (Nasdaq: TLIH) (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced the grand opening of its redeveloped and expanded headquarters located at 7 Tuas Avenue 2, Singapore 639447 (the “Headquarters”). The Company also held a celebration event (the “Event”) on July 29, 2026, to commemorate the opening of the expanded Headquarters. The upgrade of the Headquarters marks an important milestone in the Company’s journey of innovation, engineering development, and continued growth. Celebration Event for the Grand Opening of Ten-League’s Expanded Headquarters Under the theme “Sailing New Horizons,” which represents unity, partnership, growth, courage, and new opportunities, the Event brought together customers, business and industry partners, colleagues, and other guests to celebrate this important milestone. More than a new physical workplace, the Headquarters is designed to serve as a platform for collaboration and innovation, catalyzing the development of new ideas, close partnerships, and ultimately high-quality customer service. The upgrade of the Headquarters reflects Ten-League’s commitment to long-term growth and operational excellence, marking the beginning of a new chapter for Ten-League. With the upgrade of the Headquarters, the Company also highlights three strategic focus areas: New Energy Infrastructure: Designing and building core power infrastructure (microgrid), centralized charging hubs with heavy-duty direct current (“DC”) fast chargers or megawatt charging system (“MCS”) to minimize equipment fleet downtime. Automation: Delivering industrial process optimization solutions, advanced port and logistics equipment systems, and bulk cargo solutions designed to improve operational efficiency and productivity. Engineering: Equipment upgrading and transformation, delivering integrated all-electric turnkey solutions covering engineering design, equipment selection, on-site construction and commissioning, with the aim of delivering tangible value to customers. Mr. Jison Lim, Chief Executive Officer and Chairman of Ten-League, commented, “The Headquarters symbolizes much more than a physical space. It represents our commitment to our vision and mission — a place where new ideas will be developed, partnerships will be strengthened, and teams will come together to better serve our customers. Over the years, Ten-League has built strong relationships with our customers, suppliers, and business partners, and we sincerely appreciate their continued trust and support. We also recognize and thank our employees for their dedication and contributions to the Company’s development.” Mr. Lim continued, “Looking ahead, we will continue to foster strategic collaborations, strengthen our regional and global presence, and pursue innovative engineering solutions that create greater value for our customers. As we enter this new chapter, we remain committed to sustainable growth, innovation, and operational excellence, with the ambition to ‘sail further and reach higher.’” About Ten-League International Holdings Limited Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company's business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. The equipment is organized into four categories based on their functions and application scenarios: foundation equipment, hoist equipment, excavation equipment and port machinery. The Company also provides value-added engineering solutions under engineering consultancy services with the aim to address potential safety issues, enhance reliability and productivity and allow for customers to evaluate the performance of the equipment, the quality of the work completed and the progress of their projects. Ten-League's mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair through continuous adaptation and application of new technologies. For more information, please visit the Company's website: https://ir.ten-league.com.sg/. Forward-Looking Statements Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. For more information, please contact: Ten-League International Holdings LimitedInvestor Relations DepartmentEmail: [email protected] Ascent Investor Relations LLCTina XiaoPhone: +1 646-932-7242Email: [email protected] A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/29b42d55-02c3-4b87-b3e5-f8d9d9f49b58

When companies post strong earnings, the stock generally performs well, just like Ten-League International Holdings Limited's (NASDAQ:TLIH) stock has recently. Our analysis found some more factors that we think are good for shareholders. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. As finance nerds would already know, the accrual ratio from cashflow is a key measure for assessing how well a company's free cash flow (FCF) matches its profit. The accrual ratio subtracts the FCF from the profit for a given period, and divides the result by the average operating assets of the company over that time. You could think of the accrual ratio from cashflow as the 'non-FCF profit ratio'. That means a negative accrual ratio is a good thing, because it shows that the company is bringing in more free cash flow than its profit would suggest. While it's not a problem to have a positive accrual ratio, indicating a certain level of non-cash profits, a high accrual ratio is arguably a bad thing, because it indicates paper profits are not matched by cash flow. That's because some academic studies have suggested that high accruals ratios tend to lead to lower profit or less profit growth. Over the twelve months to December 2025, Ten-League International Holdings recorded an accrual ratio of -0.14. That implies it has very good cash conversion, and that its earnings in the last year actually significantly understate its free cash flow. To wit, it produced free cash flow of S$9.0m during the period, dwarfing its reported profit of S$5.59m. Notably, Ten-League International Holdings had negative free cash flow last year, so the S$9.0m it produced this year was a welcome improvement. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Ten-League International Holdings. Ten-League International Holdings' accrual ratio is solid, and indicates strong free cash flow, as we discussed, above. Because of this, we think Ten-League International Holdings' earnings potential is at least as good as it seems, and maybe even better! And on top of that, its earnings per share have grown at an extremely impressive rate over the last year. Of course, we've only just scratched the surface when it comes to analysing its earnings; one could also consider margins, forecast growth, and return on investment, among other factors. Keep in mind, when it comes to analysing a stock it's worth noting the risks involved. For example, we've found that Ten-League International Holdings has 2 warning signs (1 is potentially serious!) that deserve your attention before going any further with your analysis. Today we've zoomed in on a single data point to better understand the nature of Ten-League International Holdings' profit. But there is always more to discover if you are capable of focussing your mind on minutiae. Some people consider a high return on equity to be a good sign of a quality business. While it might take a little research on your behalf, you may find this free collection of companies boasting high return on equity, or this list of stocks with significant insider holdings to be useful. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Strong Demand Driving Revenue up 30.2% and Net Income up 196.5% SINGAPORE, April 30, 2026 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (Nasdaq: TLIH) (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced its financial results for the fiscal year ended December 31, 2025. Fiscal Year 2025 Financial Highlights Revenue was S$76.2 million (US$59.2 million) for fiscal year 2025, an increase of 30.2% from S$58.5 million for fiscal year 2024. Gross profit was S$18.6 million (US$14.5 million) for fiscal year 2025, an increase of 74.7% from S$10.7 million for fiscal year 2024. Gross profit margin was 24.4% for fiscal year 2025, an increase of 6.2 percentage points from 18.2% for fiscal year 2024. Net income was S$5.6 million (US$4.3 million) for fiscal year 2025, an increase of 196.5% from S$1.9 million for fiscal year 2024. Basic and diluted income per share was S$0.20 (US$0.15) for fiscal year 2025, compared to S$0.07 for fiscal year 2024. Mr. Jison Lim, Chief Executive Officer and Chairman of Ten-League, commented, “We are pleased to report strong financial performance for fiscal year 2025, reflecting solid execution and sustained demand across Singapore’s infrastructure sector. Revenue increased by 30.2% year-over-year, driven by higher sales of heavy equipment and parts, as well as increased rental income, supported by major projects such as Changi Airport Terminal 5, the Marina Bay Sands expansion, and key Mass Rapid Transit (“MRT”) developments. Gross profit margin improved by 6.2 percentage points to 24.4%, primarily due to a more favorable product mix and higher utilization of our own equipment, while net income grew significantly by 196.5%.” “During the period, we also completed our initial public offering (the “IPO”). Our ordinary shares commenced trading on the Nasdaq Capital Market on July 8, 2025, marking an important milestone that strengthened our financial position and enhanced our access to capital. In addition, on the operation side, we secured a new order from PSA Corporation Limited and completed a project handover to Bachy Soletanche Singapore Pte. Ltd for deployment in the Cross Island Line project, further strengthening our market position and partnerships.” “Looking ahead, we will continue to expand our equipment offerings and support major infrastructure programs in Singapore, especially in alignment with the Singapore government’s efforts to develop a more sustainable land transport sector. We also plan to deepen collaboration with strategic partners, while enhancing our value-added engineering solutions to capture long-term growth opportunities. We remain confident in our ability to sustain growth and deliver long-term value to our shareholders.” Fiscal Year 2025 Financial Results Revenues Total revenues were S$76.2 million (US$59.2 million) for fiscal year 2025, an increase of 30.2% from S$58.5 million for fiscal year 2024. Sales of heavy equipment and parts were S$61.2 million (US$47.6 million) for fiscal year 2025, an increase of 33.8% from S$45.8 million for fiscal year 2024. The increase was primarily due to higher demand because of new projects started such as Changi airport terminal 5, Marina Bay Sands expansion and cross-island MRT line coupled with the downtown MRT line extension. Engineering consultancy service income remained stable at S$2.2 million (US$1.7 million) for fiscal year 2025 and fiscal year 2024 respectively. Despite this stable trend, project income decreased by approximately S$0.5 million to S$0.1 million (US$0.1 million) for fiscal year 2025 from approximately S$0.6 million for fiscal year 2024 as the project was completed in early of the year. The shortfall of the project income was replaced by an increase in transport and service income. Rental income was S$12.8 million (US$9.9 million) for fiscal year 2025, an increase of 21.1% from S$10.5 million for fiscal year 2024. This increase was primarily attributable to higher rental demands as explained earlier under the sales of heavy equipment and parts. Cost of Revenue Cost of revenue was S$57.6 million (US$44.8 million) for fiscal year 2025, an increase of 20.3% from S$47.8 million for fiscal year 2024. Gross Profit Gross profit was S$18.6 million (US$14.5 million) for fiscal year 2025, an increase of 74.7% from S$10.7 million for fiscal year 2024. Gross margin was 24.4% for fiscal year 2025, an increase of 6.2 percentage points from 18.2% for fiscal year 2024. Gross profit margin for sales of heavy equipment and parts was 15.2% for fiscal year 2025, an increase of 5.9 percentage points from 9.3% for fiscal year 2024. The increase was mainly due to high product mix and margin as a result of higher customer demand. Gross profit margin for engineering consultancy service income was 71.5% for fiscal year 2025, an increase of 36.7 percentage points from 34.8% for fiscal year 2024. The increase was mainly due to the absence of lower project margin in the current periods as it was completed in 3rd quarter of 2024. Gross profit margin for rental income was 60.8% for fiscal year 2025, an increase of 7.5 percentage points from 53.3% for fiscal year 2024. This increase was primarily attributable to lower operating costs as a result of using the Company’s own equipment for the rental business rather than rent from third parties. Selling and Distribution Expenses Selling and distribution expenses were S$0.8 million (US$0.6 million) for fiscal year 2025, an increase of 19.7% from S$0.6 million for fiscal year 2024. The increment was mainly due to increase in staff commission as a result of higher sales. General and Administrative Expenses General and administrative expenses were S$10.7 million (US$8.3 million) for fiscal year 2025, an increase of 47.6% from S$7.2 million for fiscal year 2024. The increase was mainly due to the increase in the group audit fee, consultancy fee, depreciation for the right-of-use assets, directors fees, provision for doubtful debts, staff costs and IPO expenses cannot be capitalized. Total Other Loss, Net Net total other losses were S$0.1 million (US$0.1 million) for fiscal year 2025, a decrease of 85.2% from S$0.2 million for fiscal year 2024. The decrease was mainly due to: (i) decrease in interest income of approximately S$0.3 million due to lower finance leases taken up; (ii) decrease in government grant collection of approximately S$0.1 million as most of the funding were ended; and (iii) offset by exchange gain of approximately S$0.1 million, lower loss on disposal of plant & equipment of approximately S$0.1 million and increase in income received for renting out accessories and parts and higher service income of approximately S$0.3 million. Net Income Net income was S$5.6 million (US$4.3 million) for fiscal year 2025, an increase of 196.5% from S$1.9 million for fiscal year 2024. Basic and Diluted Income per Share Basic and diluted income per share was S$0.20 (US$0.15) for fiscal year 2025, compared to S$0.07 for fiscal year 2024. Financial Condition As of December 31, 2025, the Company had cash and cash equivalents of S$10.7 million (US$8.3 million), compared to S$0.7 million as of December 31, 2024, strengthening its financial position following its successful IPO. Net cash provided by operating activities was S$26.2 million (US$20.4 million) for fiscal year 2025, compared to S$5.0 million for fiscal year 2024. Net cash used in investing activities was S$16.5 million (US$12.9 million) for fiscal year 2025, compared to S$8.7 million for fiscal year 2024. Net cash provided by financing activities was S$0.3 million (US$0.2 million) for fiscal year 2025, compared to S$2.1 million for fiscal year 2024. Exchange Rate Information This announcement contains translations of certain Singapore dollar amounts into U.S. dollars for the convenience of the reader. Translations of amounts from Singapore dollars into U.S. dollars have been made at the exchange rate of US$0.7777 = S$1.00, which is the exchange rate on December 31, 2025, as set forth in the statistical release of the Federal Reserve System on January 6, 2026. About Ten-League International Holdings Limited Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company’s business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. The equipment is organized into four categories based on their functions and application scenarios: foundation equipment, hoist equipment, excavation equipment and port machinery. The Company also provides value-added engineering solutions under engineering consultancy services with the aim to address potential safety issues, enhance reliability and productivity and allow for customers to evaluate the performance of the equipment, the quality of the work completed and the progress of their projects. Ten-League’s mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair through continuous adaptation and application of new technologies. For more information, please visit the Company’s website: https://ir.ten-league.com.sg/. Forward-Looking Statements Certain statements in this press release are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate” or other similar expressions in this press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. For investor and media inquiries, please contact: Ten-League International Holdings Limited Investor Relations Department Email: [email protected] Ascent Investor Relations LLC Tina Xiao Phone: +1 646-932-7242 Email: [email protected]

SINGAPORE, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (Nasdaq: TLIH) (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, is pleased to announce the following financial guidance for Fiscal Year 2025. Fiscal Year 2025 refers to the 12-month period beginning on January 1, 2025, and ending on December 31, 2025. Net revenue is expected to be in the range of S$75.0 million (US$58.3 million) to S$76.0 million (US$59.1 million), representing an increase in the range of S$16.5 million (US$15.5 million) to S$17.5 million (US$16.3 million) or 28.2% to 29.9%, as compared to net revenue for the previous 12-month period. Net income is expected to be in the range of S$5.0 million (US$3.9 million) to S$5.5 million (US$4.3 million), representing an increase in the range of S$3.1 million (US$2.5 million) to S$3.6 million (US$2.9 million) or 165.4% to 191.9%, as compared to net income for the previous 12-month period. Net income per share is expected to be in the range of US$0.14 to US$0.15 per share, representing an increase in the range of US$0.09 to US$0.10 or 174.3% to 201.7%, as compared to net income per share for the previous 12-month period. Mr. Jison Lim, Chief Executive Officer and Chairman of Ten-League, commented, “Fiscal Year 2025 represents a year of strong execution as we continue to support major infrastructure projects in Singapore. Demand for our products and services remained robust in Fiscal Year 2025 due to the commencement of the Changi Airport Terminal 5 construction works. The partial handover of this notable project contributed to our revenue growth and profitability, resulting in stronger financial results compared to the previous year. As we further strengthen our role as a trusted equipment and solutions provider to national infrastructure developments, we remain focused on operational excellence and delivering sustainable value to our customers and shareholders.” About Ten-League International Holdings Limited Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company’s business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. The equipment is organized into four categories based on their functions and application scenarios: foundation equipment, hoist equipment, excavation equipment and port machinery. The Company also provides value-added engineering solutions under engineering consultancy services with the aim to address potential safety issues, enhance reliability and productivity and allow for customers to evaluate the performance of the equipment, the quality of the work completed and the progress of their projects. Ten-League’s mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair through continuous adaptation and application of new technologies. For more information, please visit the Company’s website: https://ir.ten-league.com.sg/. Notes to Guidance All guidance set forth in this press release is guidance as to our anticipated results. Our results may differ from this guidance and will depend upon factors affecting performance for the balance of Fiscal 2025. These numbers should not be relied upon, and our final numbers will be announced subsequent to our 2025 audit and will be reported in our Form 20-F for the fiscal year ending December 31, 2025, which will be filed with the U.S. Securities and Exchange Commission (“SEC”) on or before April 30, 2026. Investor Notice Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described in our most recent Annual Report on Form 20-F, as amended for the fiscal year ended December 31, 2024, filed with the SEC on April 30, 2025. If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below. Forward-Looking Statements Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “believe”, “plan”, “expect”, “intend”, “should”, “seek”, “estimate”, “will”, “aim” and “anticipate” or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements and are advised to consider the factors listed above together with the additional factors under the heading “Risk Factors” in the Company’s Annual Reports on Form 20-F, as may be supplemented or amended by the Company’s Reports of a Foreign Private Issuer on Form 6-K. For more information, please contact: Ten-League International Holdings Limited Investor Relations Department Email: [email protected] Ascent Investor Relations LLC Tina Xiao Phone: +1 646-932-7242 Email: [email protected]

SINGAPORE, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Ten-League International Holdings Limited (NASDAQ: TLIH) (the “Company” or “Ten-League”), a Singapore-based provider of turnkey project solutions, today announced its unaudited financial results for the six months ended June 30, 2025. First Six Months of Fiscal Year 2025 Financial Highlights Revenue was S$37.7 million (US$29.6 million) for the six months ended June 30, 2025, an increase of 21.6% from S$31.0 million for the same period last year. Gross profit was S$8.9 million (US$7.0 million) for the six months ended June 30, 2025, an increase of 67.7% from S$5.3 million for the same period last year. Gross profit margin was 23.5% for the six months ended June 30, 2025, an increase of 6.5 percentage points from 17.0% for the same period last year. Net income was S$2.4 million (US$1.9 million) for the six months ended June 30, 2025, an increase of 268.9% from S$0.6 million for the same period last year. Basic and diluted income per share was S$0.09 (US$0.07) for the six months ended June 30, 2025, compared to S$0.02 for the same period last year. Mr. Jison Lim, Chief Executive Officer and Chairman of Ten-League, commented, “The first half of fiscal year 2025 reflects strong execution of our growth initiatives and resilience across our core businesses. Revenue rose 21.6% from last year to S$37.7 million (US$29.6 million), fueled primarily by rising demand for heavy equipment and parts linked to major national infrastructure projects including Changi Airport Terminal 5, the Marina Bay Sands expansion, and the Cross-Island and Downtown MRT lines. These projects not only expanded market demand but also supported a healthier product mix and improved margins. Rental income also grew 14.9%, driven by higher utilization and reduced reliance on third-party leasing. Gross profit increased 67.7% to S$8.9 million (US$7.0 million), while gross margin strengthened to 23.5% from 17.0% a year earlier, supported by efficiency gains and favorable product mix. Net income reached S$2.4 million (US$1.9 million), a fourfold increase over the prior year, underscoring our ability to translate top-line growth into profitability.” Mr. Lim continued, “These achievements validate our multi-pronged strategy of aligning with large-scale infrastructure opportunities, optimizing rental operations, and managing costs with discipline. With our Nasdaq listing now complete, we are well positioned to deepen customer relationships, strengthen vendor partnerships, and enhance our visibility in global markets. We remain confident that these initiatives will provide a solid foundation for sustainable growth and long-term value creation for our shareholders.” First Six Months of Fiscal Year 2025 Unaudited Financial Results Revenues Total revenues were S$37.7 million (US$29.6 million) for the six months ended June 30, 2025, an increase of 21.6% from S$31.0 million for the same period last year. Sales of heavy equipment and parts were S$30.7 million (US$24.1 million) for the six months ended June 30, 2025, an increase of 24.6% from S$24.7 million for the same period last year. The increase was primarily driven by higher demand from new projects such as Changi Airport Terminal 5, the Marina Bay Sands expansion, and the Cross-Island MRT Line together with the Downtown MRT Line extension. Engineering consultancy service income was S$1.1 million (US$0.9 million) for the six months ended June 30, 2025, a decrease of 9.4% from S$1.2 million for the same period last year. The decrease was mainly due to no project income being recognized in the current period, as it was completed in the third quarter of 2024. Rental income was S$5.9 million (US$4.6 million) for the six months ended June 30, 2025, an increase of 14.9% from S$5.1 million for the same period last year. The increase was primarily attributable to higher rental demands. Cost of Revenue Cost of revenue was S$28.8 million (US$22.7 million) for the six months ended June 30, 2025, an increase of 12.2% from S$25.7 million for the same period last year. Gross Profit Gross profit was S$8.9 million (US$7.0 million) for the six months ended June 30, 2025, an increase of 67.7% from S$5.3 million for the same period last year. Gross margin was 23.5% for the six months ended June 30, 2025, an increase of 6.5 percentage points from 17.0% for the same period last year. Gross profit margin for sales of heavy equipment and parts was 14.8% for the six months ended June 30, 2025, an increase of 6.4 percentage points from 8.4% for the same period last year. The increase was mainly due to better product mix and margin as a result of higher demand. Gross profit margin for engineering consultancy service income was 69.3% for the six months ended June 30, 2025, an increase of 14.3 percentage points from 55.0% for the same period last year. The increase was mainly due to the absence of lower project margin in the current periods as it was completed in the third quarter of 2024. Gross profit margin for rental income was 60.1% for the six months ended June 30, 2025, an increase of 10.3 percentage points from 49.8% for the same period last year. The increase was mainly due to a decrease in the leasing of equipment from third parties. Selling and Distribution Expenses Selling and distribution expenses remained stable at S$0.3 million (US$0.2 million) for the six months ended June 30, 2024 and 2025. General and Administrative Expenses General and administrative expenses were S$5.7 million (US$4.4 million) for the six months ended June 30, 2025, an increase from S$4.0 million for the same period last year. Total Other Gain (Loss), Net Total net other gain was S$0.1 million (US$0.07 million) for the six months ended June 30, 2025, compared to a total net other loss of S$0.04 million for the same period last year. Net Income Net income was S$2.4 million (US$1.9 million) for the six months ended June 30, 2025, an increase of 268.9% from S$0.6 million for the same period last year. Basic and Diluted Income per Share Basic and diluted income per share was S$0.09 (US$0.07) for the six months ended June 30, 2025, compared to S$0.02 for the same period last year. Financial Condition As of June 30, 2025, the Company had cash and cash equivalents of S$5.2 million (US$4.1 million), compared to S$0.7 million as of December 31, 2024 and S$2.3 million as of June 30, 2024, strengthening its financial position following its successful IPO. Net cash provided by operating activities was S$10.0 million (US$7.9 million) for the six months ended June 30, 2025, compared to S$5.5 million for the same period last year. Net cash provided by investing activities was S$0.2 million (US$0.1 million) for the six months ended June 30, 2025, compared to net cash used in investing activities of S$4.0 million for the same period last year. Net cash used in financing activities was S$5.7 million (US$4.5 million) for the six months ended June 30, 2025, compared to S$1.6 million for the same period last year. Exchange Rate Information This announcement contains translations of certain Singapore dollar amounts into U.S. dollars for the convenience of the reader. Translations of amounts from Singapore dollars into U.S. dollars have been made at the exchange rate of S$1.2719 = US$1.00, which was the foreign exchange rate on June 30, 2025 as reported by the Board of Governors of the Federal Reserve System in its weekly release on July 7, 2025. About Ten-League International Holdings Limited Ten-League International Holdings Limited is a Singapore-based provider of turnkey project solutions. The Company’s business primarily consists of sales of heavy equipment and parts, heavy equipment rental and provision of engineering consultancy services to port, construction, civil engineering and underground foundation industries. The equipment is organized into four categories based on their functions and application scenarios: foundation equipment, hoist equipment, excavation equipment and port machinery. The Company also provides value-added engineering solutions under engineering consultancy services with the aim to address potential safety issues, enhance reliability and productivity and allow for customers to evaluate the performance of the equipment, the quality of the work completed and the progress of their projects. Ten-League’s mission is to provide high-quality equipment, value-added engineering solutions as well as maintenance and repair through continuous adaptation and application of new technologies. For more information, please visit the Company’s website: https://ir.ten-league.com.sg/. Forward-Looking Statements This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performances, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “could”, “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “plan”, “aim”, “intend”, “anticipate”, “believe” “estimate”, “predict”, “is/are likely to”, “potential”, “continue” or other comparable or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks, including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, import and export restrictions, fluctuations in general economic and business conditions, the Company’s ability to comply with Nasdaq continued listing standards and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For investor and media inquiries, please contact: Ten-League International Holdings Limited Investor Relations Department Email: [email protected] Ascent Investor Relations LLC Tina Xiao Phone: +1 646-932-7242 Email: [email protected] * – denotes amount less than $’000. ** - Retrospectively presented for the effect of pro rata share allotment, 1-for-40 forward split and share surrender in preparation of the Company’s initial public offering ** - Retrospectively presented for the effect of pro rata share allotment, 1-for-40 forward split and share surrender in preparation of the Company’s initial public offering.