SINGAPORE, Oct. 30, 2025 (GLOBE NEWSWIRE) -- Singapore-headquartered, NASDAQ-listed precision cleaning and cleantech equipment manufacturer and service provider of centralized dishwashing JE Cleantech Holdings Ltd (NASDAQ: JCSE) (“JE Cleantech” or, together with its subsidiaries, the “Group”) has released its unaudited financial results for the six months ended June 30, 2025 (H1 2025), with revenue of S$6.5 million, gross profit of S$1.6 million and net loss of S$0.8 million for the period. The net loss was mainly attributable to lower revenue, which was insufficient to cover the Group’s fixed and recurring operating and administrative expenses.
The Group’s cleaning systems and other equipment business segment generated revenue of approximately S$2.8 million in H1 2025, compared to S$7.0 million in the corresponding period in 2024. The decrease was mainly due to rescheduling of delivery and commissioning of major orders to a later period this year. Despite this, the Group did not experience any material order cancellations during the reporting period and maintains a healthy order book value for its cleaning systems and other equipment of approximately S$16.0 million as at June 30, 2025.
Meanwhile, the Group’s centralized dishwashing and ancillary services business segment recorded revenue of approximately S$3.7 million in H1 2025, which was comparable to that of the corresponding period in 2024.
Commenting on JE Cleantech’s performance, Founder and CEO Ms. Hong Bee Yin said, “We believe that ongoing economic uncertainty has affected our revenue performance. Nevertheless, the Group continues to focus on strengthening market traction for our products and services, while developing adjacent product offerings to diversify our revenue streams.”
