Company Overview - JE Cleantech Holdings Limited is based in Singapore and primarily engaged in the sale of precision cleaning systems and other equipment, as well as providing centralized dishwashing and ancillary services [2] - The company operates through its subsidiary, JCS-Echigo Pte Ltd, which designs, develops, manufactures, and sells cleaning systems for various industrial applications, mainly targeting customers in Singapore and Malaysia [2] - The cleaning systems are designed for precision cleaning, featuring particle filtration, ultrasonic or megasonic rinses, high-pressure drying technology, and deionized water rinses to effectively remove contaminants [2] Recent Developments - JE Cleantech Holdings Limited announced the completion of the sale of its leasehold industrial property located at 17 Woodlands Sector 1, Singapore, for approximately SGD$7.39 million (USD$5.68 million) [1] - The sale resulted in a net gain of approximately SGD$3.70 million (USD$2.85 million) over the net book value [1] - The transaction was made with an unaffiliated third party under a previously announced option to purchase agreement [1]

Core Insights - JE Cleantech Holdings Ltd reported a revenue of S$6.5 million for H1 2025, a decline of 39.5% compared to H1 2024, primarily due to the rescheduling of major orders [1][7] - The company experienced a net loss of S$0.8 million, attributed to insufficient revenue to cover fixed and recurring operating expenses [1] - The Group maintains a healthy order book value of approximately S$16.0 million as of June 30, 2025, indicating ongoing demand despite the revenue decline [2][7] Financial Performance - Revenue from the cleaning systems and other equipment segment was approximately S$2.8 million in H1 2025, down from S$7.0 million in H1 2024 [2] - The centralized dishwashing and ancillary services segment generated revenue of approximately S$3.7 million in H1 2025, which remained stable compared to the previous year [3] Management Commentary - The CEO, Ms. Hong Bee Yin, indicated that ongoing economic uncertainty has impacted revenue performance, but the company is focused on strengthening market traction and diversifying revenue streams [4]

Core Insights - JE Cleantech Holdings Ltd reported a revenue of S$19.3 million for the financial year ended December 31, 2024, with a net income of S$0.03 million and adjusted EBITDA of S$2.2 million, reflecting an increase from S$18.0 million in revenue in the previous year [1][2] Financial Performance - The revenue from the sale of cleaning systems and other equipment was S$12.0 million in 2024, up from S$11.0 million in 2023, indicating a growth in this segment [3] - The centralized dishware washing and cleaning services segment generated S$7.3 million in revenue, compared to S$7.0 million in the previous year, showing a year-on-year increase [4] - Gross profit for the Group was S$5.2 million with a gross margin of 26.9%, an improvement from S$4.4 million and 24.2% in the prior year [4] Sales and Orders - The Group secured recurring orders worth over S$7.8 million for precision cleaning systems from a key customer in Singapore during 2024 [3] - There was an increase in sales of S$1 million for precision cleaning systems and S$0.3 million for centralized dishwashing and ancillary services in Singapore [8]