FBS Global Limited Unaudited Financial Results for the Six Months Ended June 30, 2025

FBS Global Limited, a Singapore-based green building contractor, reported its unaudited financial results for the six months ended June 30, 2025. The company experienced a 5.9% decrease in revenue, amounting to S$7.8 million (US$6.0 million), primarily due to fewer progress claims as several projects were in their initial stages. Despite the revenue decline, gross profit increased by 15% to S$1.35 million (US$1.03 million), driven by higher gross profit margins from specific projects. Operating expenses decreased by 4.9% to S$1.09 million (US$826,000), mainly due to reduced professional and administrative fees. Net income surged by 889.2% to S$243,980 (US$185,425), reflecting improved operational efficiency and cost management. The company also highlighted its focus on green construction methods and materials, aiming to reduce environmental impact and enhance energy efficiency in its projects.