Singapore, June 13, 2025 (GLOBE NEWSWIRE) -- Springview Holdings Ltd (Nasdaq: SPHL) (“Springview Holdings”, or the “Company”), a leading designer and builder of residential and commercial properties in Singapore, today announced that its indirect wholly owned Singapore operating subsidiary, Springview Enterprises Pte. Ltd. (“Springview Singapore”) has been officially awarded bizSAFE Level 4 certification by the Workplace Safety and Health Council, effective June 9, 2025. This milestone marks a major leap f ...

Ordinary shares will continue to trade on the Nasdaq Capital Market, and the Company’s listing on such exchange is not affected by the receipt of the Notice SINGAPORE, May 20, 2025 (GLOBE NEWSWIRE) -- FBS Global Limited (NASDAQ: FBGL) disclosed that it had received a notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) that FBGL is not currently in compliance with the $1.00 minimum bid price requirement for continued listing of the Company’s ordinary shares (the “Ordinary Shares”) on the Nasdaq ...

Core Viewpoint - The decline in the Estonian construction market appears to have halted, with signs of stabilization, particularly in the Infrastructure segment supported by Rail Baltica projects, while private sector orders in the Buildings segment show some revival [1][2]. Financial Performance - The group's revenue for Q1 2025 was €39,355 thousand, a decrease of approximately 15% compared to €46,245 thousand in Q1 2024 [23][17]. - The gross profit for Q1 2025 was €1,802 thousand, maintaining a gross margin of 4.6%, consistent with the same period last year [9][3]. - The operating profit for Q1 2025 was €191 thousand, down from €386 thousand in Q1 2024, reflecting a decline in revenue [10][3]. Segment Performance - The Buildings segment generated 93% of the group's revenue, amounting to €36,584 thousand, while the Infrastructure segment contributed €2,766 thousand [24][23]. - Revenue from the Buildings segment decreased by 16%, while the Infrastructure segment saw a smaller decline of 1.5% [23][24]. - The gross margin for the Buildings segment was 7.5%, while the Infrastructure segment recorded a negative gross margin of (24.6)% [9][3]. Order Book and Contracts - The order book increased by 43% year-on-year, reaching €283,548 thousand as of March 31, 2025, with significant contributions from Rail Baltica contracts [4][31]. - New contracts signed in Q1 2025 totaled €111,276 thousand, a substantial increase from €17,617 thousand in Q1 2024 [31][32]. Cash Flow and Financial Position - The group experienced a net cash outflow of €249 thousand from operating activities in Q1 2025, compared to an inflow of €5,422 thousand in Q1 2024 [13][8]. - Cash and cash equivalents at the end of Q1 2025 were €7,399 thousand, down from €16,083 thousand at the end of Q1 2024 [16][8]. Employee and Cost Management - The average number of employees in Q1 2025 was 411, a decrease of around 3% from the previous year [35][36]. - Staff costs increased by 22% to €4,795 thousand in Q1 2025, attributed to salary increases [36][35]. Market Performance - Approximately 98% of the group's revenue in Q1 2025 was generated in Estonia, with Ukraine contributing about 2% [20][21]. - The group continues to provide services in Ukraine under contracts signed in 2023, although progress has been slower than planned [20].

Financial Data and Key Metrics Changes - The company reported revenue of $189 million for the first quarter of 2025, reflecting an increase of over 17% compared to the previous year [16] - Adjusted EBITDA doubled to $8.2 million, with an adjusted EBITDA margin improving by 180 basis points to 4.3% [18][19] - Consolidated gross profit margin increased to $23 million, or 12.2% of revenue, up from 9.7% in the same period last year [16][18] Business Line Data and Key Metrics Changes - Marine revenue increased by over 19%, while concrete revenue rose by 13% [16] - Adjusted EBITDA margin in the Marine segment was 8.6%, compared to 0.9% last year, while the Concrete segment's adjusted EBITDA margin was negative 4.4%, down from positive 5.7% in the prior year [19] Market Data and Key Metrics Changes - The company secured nearly $350 million in new project wins, with $161 million in marine and $188 million in concrete projects [11] - The backlog plus awarded work reached $890 million, with $607 million related to the Marine segment and $232 million to the Concrete segment [21] Company Strategy and Development Direction - The company is focused on building a profitable backlog from a strong pipeline of opportunities, particularly in marine facilities, dredging, bridges, and data centers [11][12] - The management emphasized the importance of the current administration's policies, which are expected to provide tailwinds for the business, particularly in shipbuilding and defense [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, citing strong demand in the data center market and a lack of signs of a slowdown [13][14] - The company reiterated its full-year guidance for 2025, expecting revenue between $800 million and $850 million and adjusted EBITDA between $42 million and $46 million [25] Other Important Information - The company is transitioning to new IT systems to enhance operational efficiency and is consolidating its Houston area offices to reduce costs [22][24] - Cash flow from operations was negative $3.4 million, an improvement from negative $22.8 million in the prior year quarter [21][22] Q&A Session Summary Question: Outlook on defense spending and RFPs - Management expects awards related to defense spending to materialize late this year or early next year, with potential project sizes around $500 million [28][30] Question: Concrete business outlook - Management has not seen a slowdown in bidding activity and expects concrete margins to improve as the year progresses [31][33] Question: Input costs and pricing - Management anticipates increased costs for steel and other materials but plans to manage these risks through contingency measures [65] Question: Marine segment margins - The strong margins in the Marine segment are expected to continue, although they may fluctuate due to project mix [40][41] Question: Capital position for future projects - The company has sufficient capital capacity to support upcoming projects and is in discussions with financing partners for potential equipment acquisitions [56][57]

PST Group AB has signed a EUR 22.95 million (incl. VAT) contract with UAB Ekos LC, a member of the Kosmelita group of companies, which operates the Eurokos chain of beauty and cosmetics stores, and UAB Statservice, the construction project manager, for the construction of a retail building at Partizanų st. 75, Kaunas, on a land plot adjacent to the A1 trunk road. The total area of the four-storey administrative, retail and warehousing building will be around 22,000 sq. m, with an estimated completion date o ...

证券代码：002761 证券简称：浙江建投 公告编号：2025-039 浙江省建设投资集团股份有限公司 关于 2025 年第一季度主要经营情况的公告 本公司及董事会全体成员保证信息披露内容的真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 一、1-3月新签合同情况 二、1-3 月新签较大合同情况 2025 年 1 月至 3 月，公司新签单笔合同金额在 10 亿元人民币以上的较大合同情况如 | 下： | | | | | --- | --- | --- | --- | | 序号 | 项目（合同名称） | 合同金额（人民币） | 披露日期 | | 1 | 核工业井巷建设集团有限公司新 疆呼图壁县红三沟（东火区）煤田 | 约 10.08 亿元 | 2025.1.27 | | | 火区灭火工程项目部土方剥离及 | | | | | 挖装运项目 | | | | 2 | 香港石硖尾白田村第十二期公营 | 约 20 亿元 | 2025.2.12 | | | 房屋重建项目 | | | 以上数据为初步统计数据，由于存在各种不确定性，可能与定期报告披露的数据存在差 异，最终以定期报告为准，敬请广大投资者注意投资风险。 特此公 ...

Singapore, March 31, 2025 (GLOBE NEWSWIRE) -- Springview Holdings Ltd (Nasdaq: SPHL) ("Springview Holdings", or the "Company"), a company which designs and constructs residential and commercial buildings in Singapore with an operating history dating back to 2002, today announced what it believes to be a significant further expansion of its revenue opportunities after its indirect wholly owned Singapore operating subsidiary, Springview Enterprises Pte. Ltd. ("Springview Singapore"), received two new importan ...