Beng Kuang Marine reports S$85.2 million new contracts, backlog reaches S$70.7 million

SGX Filings
Jul 07

Beng Kuang Marine Limited (BEZ) said on Jul, 07 2026 that its three key subsidiaries secured about 85.2 million Singapore dollars of new contracts and purchase orders in the first half ended Jun, 30 2026.

Asian Sealand Offshore & Marine obtained 27.6 million Singapore dollars of awards in 1Q2026 and 57.6 million Singapore dollars in 2Q2026. The second-quarter intake includes two FPSO tank-service purchase orders worth 28.6 million US dollars for vessels operating in West Africa. The subsidiary had around 52.3 million Singapore dollars of contracted work outstanding at period-end.

PT. Nexus Engineering Indonesia’s backlog stood at roughly 7.3 million Singapore dollars across four active projects in Batam, while International Offshore Equipments held about 11.1 million Singapore dollars in staged crane, davit and aftermarket deliveries extending into FY2028.

Combined, the three businesses carried approximately 70.7 million Singapore dollars of outstanding contracted work as of Jun, 30 2026. The group said it will focus on disciplined execution and selective pursuit of new opportunities in offshore lifecycle services, shipbuilding and deck equipment.

The update covers contract progress and order book only and is not an earnings forecast or financial results announcement.

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