From Alphastreet - Earnings Decoded. Market Intelligence Delivered · AlphaStreet Newsdesk · · 1m 10s
TLIH Earnings Drop as Heavy Equipment Sales Decline
Ten-League International Holdings reports $0.59 earnings per share for Q2 2026, down 31.4% from last year.
In brief
Ten-League International Holdings reports $0.59 earnings per share for Q2 2026, down 31.4% from last year. Ten-League International Holdings Limited saw basic earnings fall to S$0.59 per share in Q2 2026, a 31.4% drop from Q1 2025. Originally reported by Alphastreet - Earnings Decoded. Market Intelligence Delivered.
Q2 2026 Earnings
Ten-League International Holdings Limited reported Q2 2026 earnings that showed continued pressure on its core heavy equipment business.
Earnings Per Share
The company posted basic and diluted earnings of S$0.59 per share, a 31.4% decline from S$0.86 per share in 1H 2025.
Revenue Decline
Revenue for the first half came in at S$33.1M, down 12.2% from S$37.7M in the year-ago period.
Heavy Equipment Weakness
Sales of heavy equipment and parts generated S$18.1M but fell 41.1% year-over-year, the company’s largest revenue contributor.
Diversification Bright Spot
Engineering consultancy and rental revenue contribution rose to 45.4% of total revenue, helping offset equipment sales pressure.
Electric Fleet Expansion
The company operates 30 ePM delivered at period-end as it expands its electric vehicle fleet for electrified heavy machinery.
What it means
Ten-League International Holdings Limited saw basic earnings fall to S$0.59 per share in Q2 2026, a 31.4% drop from Q1 2025.
