Ten-League shares surge 31.01% intraday as growth driven by Changi Airport fifth terminal project.

Ten-League surged 31.01% intraday, driven by the release of its 2025 financial guidance and growth from the Changi Airport Fifth Terminal construction project. The company, a Singapore-based provider of turnkey infrastructure solutions, projected revenue of S$75.0 million to S$76.0 million (up 28.2%-29.9%), net profit of S$5.0 million to S$5.5 million (up 165.4%-191.9%), and EPS of US$0.14 to US$0.15 (up 174.3%-201.7%). The growth is attributed to increased demand from the terminal construction, leveraging its expertise in infrastructure projects.